Fashion & luxury market update - issue 442

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:

UK government rolls out high street protection plan
(Fashion United)

US imposes tariffs on UK and EU luxury goods
(Fashion United)

Gymshark achieves unicorn status
(Retail Gazette)

Prada pushes sustainability with new ECONYL material
(Vogue)

Farfetch revenues increase as five board members step down
(WWD)

Michael Jordan sneakers sell for record breaking $615,000
(Forbes)

Selfridges to offer new fashion rental service
(Business of Fashion)

Guess appoints new Chairman
(Fashion Network)