Fashion & luxury market update – issue 460

COVID-19 has presented a range of challenges for the fashion & luxury sector. Our dedicated webpage sets out some of the areas of impact which have given rise to legal issues and how businesses can navigate these. Read more here.

This week’s top stories in the fashion and luxury brands sector:

Next share price surges following strong Christmas period
(City A.M.)

Harvey Nichols COO promoted to CEO
(Fashion United)

18 January deadline for Arcadia bidders
(Fashion United)

LVMH takeover receives approval from Tiffany shareholders
(Fashion United)

Primark suffers £650m sales hit following COVID-19 closures
(The Industry)

VF Corp completes $2.1billion acquisition of Supreme
(Fashion Network)

Mytheresa announces IPO plans
(Retail Gazette)

Frasers Group acquires fashion retailer Psyche
(Retail Gazette)