Fashion and luxury market update

Issue 468

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:

LVMH-backed group take over Birkenstock
(The Guardian)

US apparel group HanesBrands reconsiders European presence
(Fashion Network)

Estée Lauder to increase stake in DECIEM Beauty Group
(Business Wire)

Former JD Sports executive purchases Thomas Pink brand
(Retail Gazette)

Challenges for Selfridges in wake of Covid-19 pandemic
(Fashion Network)

MATCHESFASHION CEO Ajay Kavan is stepping down
(The Industry)

Bloomingdale's announces new loyalty program
(Forbes)

London department store Liberty launches new virtual shopping service
(The Industry)