Fashion & luxury market update - issue 480

Issue 480

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:

Shein becomes most downloaded US shopping app
(Retail Tech Innovation Hub)

Frasers Group targeting Hugo Boss takeover
(Retail Gazette)

Puma targets 90% sustainable materials by 2025
(Fashion Network)

Arcadia Group sale to be completed
(The Industry)

Marks & Spencer grows share of online women’s fashion market
(Fashion United)

Criminal Damage launches footwear range
(Drapers Online)

Ralph Lauren sales fall by a third
(Retail Detail)

Sosandar raises over £5million in share placing
(Fashion United)