In response to the continuous spread of coronavirus, Versace owner Capri Holdings has announced that the company anticipates reducing its corporate workforce in order to generate additional payroll savings. The company said in a statement that it now anticipates that retail stores in North America and […]

PVH has sold the North American operations of the Speedo brand back to the label's parent company, Petland Group, for 170 million dollars in cash. Petland will now operate Speedo businesses worldwide. This sale was originally announced in January and completed this week. PVH will use the proceeds of […]

All businesses are being hit hard by the pandemic, but not all businesses are responding to its consequences in the same way. Faced with collapsing sales and massive closures of outlets, large recipient companies are taking two courses of action. Those that decide to participate actively in the collective […]

Pronovias Group has signed-on Maurizio Mantovani as the new Managing Director for its North American hub. Effective from end- March 2020, the company said in a statement, Mantovani started providing strategic leadership to accelerate the expansion of Pronovias Group in the US and Canada. “It’s an honour […]

The UK Fashion and Textile Association (UKFT) is urging the government to provide support for fashion individuals or companies that are not eligible for any of the existing Covid-19 related protection schemes. The UKFT is calling for more support for what it calls “the forgotten middle” those fashion […]

Primark has pledged to assist factory workers during the coronavirus crisis after establishing a fund to cover the wages component of orders that have been cancelled. The fast-fashion retailer closed its entire store estate on March 22, due to the global Covid-19 health crisis, which has resulted in […]

New Look has reportedly suspended payments to its suppliers “indefinitely” for existing stock as it struggles to cope with the financial impact of Covid-19. It has also cancelled orders for its SS20 collections and will not pay costs towards them, according to a letter the company’s CEO Nigel Oddy sent […]

Footwear retailer Schuh has resumed online trading, with a staggered reopening of their fulfilment operation. The company said in a statement that the Schuh management team has decided to reopen the Schuh website with strict health and safety processes, following continued government advice that ‘online […]

IN DEPTH There are few jobs that are as unpredictable and dangerous as that of a garment worker. When things are going well and orders come in, it means time pressure, piecework, verbal and physical abuse at the workplace and still no living wage. When things are not going well, it means cancelled orders […]

Even the world's second largest retail company wasn't immune from the effects of coronavirus. H&M has announced that in the wake of a 49 percent sales fall, they are now in talks with thousands of staff members regarding shortening work hours and. The news was reported by Reuters. "The spread of Covid-19 […]

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