Fashion & luxury market update – issue 462

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:

Primark owner warns of potential £1 billion sales loss
(Reuters)

Next favourite to acquire Arcadia
(The Industry)

Burberry reveals Chinese New Year campaign
(Fashion Network)

Jasper Conran announces direct to consumer handbag collection
(The Industry)

Very Group owners exploring potential £3 billion IPO
(Fashion Network)

Superdry revenue drops 23% due to lockdown
(Fashion United)

Chinese market boosts Uniqlo's Q1 operating profits
(Reuters) 

ASOS expects pandemic to lead to £40 million profit boost
(Reuters)