Fashion and luxury market update

Issue 467

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:

ASOS promotes expanded Topman and Topshop offering
(Fashion United)

Swarovski introduces rebrand and new brick-and-mortar concept
(Business of Fashion)

LVMH acquires stake in Jay-Z's champagne brand
(Fashion United)

H&M to open first new-look UK store at Festival Place
(Fashion Network)

Michael Kors unveils 40th anniversary collection with multi-layered digital experience
(Fashion Network)

Hermès pays out staff bonuses after significant increase in Asia sales
(The Guardian)

M&S to launch third-party fashion brands across its online platform
(Retail Gazette)

Frasers Group likely to take £100m hit due to continued Covid-19 restrictions
(The Industry)