Kering chairman and chief executive officer François-Henri Pinault will take a 25 percent pay cut from April until the end of the year.
Michael C. Appel says ceo’s need to focus on liquidity and inventory positions as well as labor and rent costs during the COVID-19 outbreak.
The entrepreneur, in a letter to investors, wrote about the “new time” that will emerge after the pandemic is over.
Elite fashion schools have been forced to move classes online — potentially changing the future of design education.
With May editions wrapped up before the crisis exploded, the full extent of the toll it will take on advertising will likely not be seen until the crucial September issues.
On Friday, the Italian digital entrepreneur is making her debut as a judge on the Amazon Prime Video’s show.
Tmall recorded 12 million more daily orders in March, while the group introduced an initiative to help small and medium-sized enterprises.
The museum’s cofounders are calling the campaign a way to reconnect with loved ones during the age of the coronavirus.
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