Virgil Abloh, Rick Owens and Raf Simons are among the designers who have dropped collaborations with outdoor apparel brands, a strong emerging trend that might set off a thorough transformation of the outdoor sector.
After Columbia temporarily closed many of its China stores, the group has announced that the outbreak has impacted sales in its Asia-direct business and caused a slowdown in its supply chain and distribution.
According to consulting firm Pambianco, the top fashion and luxury performers on the stock market last year were sportswear brands and French luxury groups. Italian luxury labels were flat, save for Moncler and Prada.
Spread throughout the United States, Canada and the UK, the Gap stores were shuttered on Sunday, as part of the company's previously announced plans to close a total of 230 Gap stores over the next two years.