The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
The national retailers join a growing group of businesses that are no longer requiring vaccinated shoppers to wear face masks in their stores, except where state and local regulations mandate them. The news follows the Centers for Disease Control and Prevention updating its guidelines last week to say masks and social distancing were not necessary for vaccinated people.
Many retailers started requiring customers to wear masks in their stores last summer, but enforcing the policy has proven difficult amid shifting regulations and public health recommendations.
Target said it recommends customers and employees who are not fully vaccinated wear masks. Macy’s will also recommend masks for all vaccinated customers and will continue to require workers to wear them.
Designer brands including Gucci and Anya Hindmarch have been left millions of pounds out of pocket and some customers will not get refunds after the online fashion site collapsed owing more than £210m last month.
Antitrust enforcers said Tapestry’s acquisition of Capri would raise prices on handbags and accessories in the affordable luxury sector, harming consumers.
As a push to maximise sales of its popular Samba model starts to weigh on its desirability, the German sportswear giant is betting on other retro sneaker styles to tap surging demand for the 1980s ‘Terrace’ look. But fashion cycles come and go, cautions Andrea Felsted.
The rental platform saw its stock soar last week after predicting it would hit a key profitability metric this year. A new marketing push and more robust inventory are the key to unlocking elusive growth, CEO Jenn Hyman tells BoF.