Fashion & luxury market update - issue 473

Issue 473

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:

Dolce & Gabbana denies Kering merger talks
(Reuters)

Fashion brands consider creating non-fungible tokens (NFTs)
(Coin Telegraph)

Online designer outlet Otrium raises $120m
(Tech Crunch)

China softens boycott of luxury brands
(The Diplomat)

Asos set to report 135% rise in earnings
(Charged Retail)

Brands choose influencers over models in lockdown
(BBC)

Suez Canal blockage to affect H&M and PVH supply chain
(Fashion United)

Nike succeeds in stopping sale of "Satan Shoe"
(Fashion United)