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Industry News

The State of Fashion 2020 Coronavirus Update

Faced with a 27 to 30 percent contraction in global revenues, fashion is currently focused on crisis management and contingency planning, but eventually we must shift towards re-imagining our industry altogether. The Coronavirus Update to The State of Fashion 2020 outlines where we must focus once the dust settles. Download the full report....
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The State of Fashion 2020 Coronavirus Update: Download the Report

Click below to download BoF and McKinsey & Company's in-depth report on the global fashion industry in the wake of the coronavirus crisis, focusing on the themes, issues and opportunities impacting the sector....
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Governments Have Promised Small Business Loans. Getting Them Isn't Easy.

On both sides of the Atlantic, programmes offering billions of dollars in government loans to small businesses have made for powerful headlines. But these loans, typically distributed by commercial banks, come with plenty of hurdles for those who need funding most....
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V Magazine Launches Initiative to Support Emerging Creative Talent in the Era of Covid-19

CreatiVity is one of many programmes set up by media companies to boost exposure for young creatives....
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Off-Price Retailer TJX to Furlough Most of About 286,000 Staff

The company said store reopening dates would defer based on the state and locality of the outlet....
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Asos Plans Equity Increase and Debt Extension

Shares in ASOS closed up 34 percent, paring 2020 losses to 54 percent....
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The Story of Telfar: Agony, Ecstasy and Covid-19

After more than a decade of toil, American designer Telfar Clemens was finally poised for mainstream success, with a hit bag nicknamed the Bushwick Birkin and a cultural message ripe for the times. Then came coronavirus....
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