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Business
Lingerie sales surge by 300% as UK lockdown eases
New data has revealed that the relaxation of lockdown rules has prompted a sharp increase in lingerie sales in Britain.
Fashion
Business
LVMH insists it not buying Tiffany shares on market; suggesting deal to go ahead, but at lower price
With rumors mounting that Bernard Arnault may be attempting to renegotiate a lower deal price for LVMH’s acquisition of Tiffany, the luxury group said Thursday it will not buy any shares in the jeweler on the market.
Fashion
Business
New Look in landlord talks about turnover-linked rents
Less than two years on from its CVA, New Look is in talks with its landlords again and has appointed property agents to help it negotiate rent deals based on turnover as it prepares to reopen its store estate this month.
Fashion
Retail
Fossil's Q1 hit by pandemic, losses widen but cost savings grow too
Watchmaking giant Fossil had a tough time in Q1 as the effects of the global pandemic hurt its operations all over the world. But things could have been worse and its Q1 global net sales fell ’only’ 16% to $390.7m.
Fashion
Business
Trade shows
Harrogate Fashion Week postponed to August
Organisers of Harrogate Fashion Week announced this week that the trade show will be postponed to 23-24 August because of the coronavirus crisis and disruptions to the buying season.
Fashion
Trade shows
JOOR links with London Fashion Week and Premium for virtual shows
Digital wholesale platform JOOR said on Wednesday that it will power key fashion industry events London Fashion Week next month and Premium Berlin in July, as well as a number of autumn fashion events.
Fashion
Trade shows
Parisian trade show Tranoï looking for new partners
In mid-April, Tranoï filed for a protection procedure to navigate the period of uncertainty caused by the Covid-19 pandemic, and is now looking for new investors to bolster its evolution.
Fashion
Trade shows
Valmont Barcelona Bridal Week to present new format in September
The bridal showcase has announced that its upcoming edition will take place on 4-10 September with a flexible and hybrid format that combines physical and digital initiatives.
Fashion
Trade shows
