Fashion and luxury market update

Issue 508

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:

Frasers Group secures £930 million funding
(Fashion United)

Hermes and Richemont enter Euro STOXX 50 index
(Reuters)

Burberry opens Selfridges pop-up
(Fashion Network)

Allbirds posts Q3 sales growth
(CNBC)

Balenciaga to launch metaverse department
(Business of Fashion)

House of Gucci movie boosts online luxury searches
(Independent)

Armani bans angora wool
(Reuters)

De Beers opens new London flagship
(Diamond World)