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    Authors
    Jason Rawkins

    Jason Rawkins

    Partner

    London
    Read More
    Simon Jupp

    Simon Jupp

    Senior Counsel

    London
    Read More
    Authors
    Jason Rawkins

    Jason Rawkins

    Partner

    London
    Read More
    Simon Jupp

    Simon Jupp

    Senior Counsel

    London
    Read More
    • On this page

    1 April 2020

    Fashion & Luxury market update - issue 422

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

    Armani adapts its production line to manufacture medical overalls
    (Business Insider)

    Burberry adapts production lines to make product gowns and masks for healthcare workers
    (The Industry)

    Online clothing sales collapse by 26.7% following the first week of isolation
    (The Industry)

    Lululemon announces a 20% rise in revenue for Q4 sales
    (Invezz)

    Nordstrom consolidates it business, reducing executive pay and declaring temporary job cuts
    (Fashion United)

    Puma rolls out shorter working hours for 1,400 staff employed across its German operations
    (SGB)

    Nike exceeds sales expectations with digital sales rising by 36% for Q3
    (Hypebeast)

    Zalando maintains its warehouse operations despite decline in sales
    (Retail Week)

    Macy's announces plans to furlough 130,000 employees amid COVID-19
    (Bloomberg)

    Sectors Consumer & retail
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    © Taylor Wessing