Corona Virus news and archive

Kering Q1 hit hard by Covid-19, sales down 15 percent

French luxury conglomerate Kering, whose portfolio includes brands Gucci, Yves Saint Laurent and Bottega Veneta, has revealed the extent to which Covid-19 has impacted the business in the first quarter of the year. The group’s revenue fell by 15.4 percent on a reported basis and 16.4 percent on a comparable basis to 3.2 to billion euros, with...

Fashion Partner Content

How can Luxury & Fashion brands adapt to a world in consumer lockdown?

• Ensure your brand is ready for a likely surge in consumer spending in Q3 2020 • Offer flexibility on payment, and promote this to your consumer audiences • Adapt your messaging to match changes in consumer behaviour as a result of lockdown • Consider partnering with streaming services to engage consumers as they're very popular right now The...