Fashion and luxury market update

Issue 515

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 sector:

Pandora reports record revenue growth
(City AM)

L'Oréal luxury division records revenue of over €12 billion
(Fashion Network)

Hugo Boss closes down Italian leather goods factory
(Fashion Network)

Insight into Prada and Moncler's use of sustainability logos 
(Sustainability Mag)

OTB annual revenue returns to pre-pandemic levels
(Business of Fashion)

Sephora appoints new global head of digital
(Fashion United)

Tapestry raises annual revenue and profit forecast
(Business of Fashion)

Watches of Switzerland sees strong UK and US demand
(Independent)