Fashion and luxury market update

Issue 470

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:

LionRock Capital takes £100million stake in Clarks
(Fashion United)

Moncler CEO sells 3.2 percent stake in business
(Reuters)

Burberry sales up 30% since December
(Business of Fashion)

Scotch & Soda launches new brand
(Fashion United)

Prada's profits fall 93 percent
(Retail Detail)

Europe is holding back the global fashion recovery
(QZ)

Next aims to become the Ocado of fashion
(Retail Gazette)

Ferrari’s Formula One team signs agreement with Giorgio Armani
(Reuters)