High-end watches and jewelry labels have had to turn to digital channels for new product releases.
The pandemic did not stop the upward trajectory of online sales for watch and jewelry, as both categories are thriving at Farfetch, Net-a-porter, Moda Operandi and Threads Styling.
The Italian accessories company has been streamlining its distribution globally and raising its positioning.
China was a bright patch, with a 16.1 percent decline over the month.
The Danish designer is launching a four-piece footwear capsule with the Singaporean accessories firm, built on the value of timeless, sustainable fashion she has been honing at her own label.
The future requires smaller collections, speed and authenticity, according to Monica Sarti.
Despite the COVID-19 outbreak the footwear trade fair will keep its planned dates, running Sept. 20 to 23 at the Milano-Rho fairgrounds.
The company filed for bankruptcy protection this week and was rescued by a group of existing shareholders, including Guinness herself, who repurchased the assets.