Fashion & luxury market update - issue 485

Issue 485

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:

PrettyLittleThing to venture into the hospitality industry
(Charged Retail)

Etsy to acquire Brazilian equivalent Elo7 for £156 million
(Forbes)

Allbirds tipped for IPO
(Fashion United)

Burberry announces partnership with Tour de France team
(Fashion United)

Canada Goose to stop using animal fur by end of 2022
(Retail Gazette)

Nike shares jump to record high
(Fashion Network)

Telfar and Pangaia to launch sportswear lines
(The Guardian)