Fashion & Luxury market update – issue 454

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:

H&M Group announces new Head of Sustainability
(Fashion United)

Asics EMEA reports 134% growth in annual e-commerce revenue
(Fashion Network)

Edinburgh Woollen Mill falls into administration
(The Industry)

Adidas announces drop in Q3 revenue and profit
(Fashion United)

VF Corp set to acquire Supreme for £1.5 billion
(Retail Gazette)

New Look completes major refinancing scheme
(Retail Gazette)

ASOS announces hire for newly created chief commercial officer role
(The Retail Bulletin)

Zalando Q3 revenue jumps 22% to €1.8 billion
(The Retail Bulletin)