Secretary Treasury Steven T. Mnuchin mask

Government and Trade

Fashion Turns to Trump for Trade Insurance Support

A group of 22 organizations representing the industry appealed to the Trump administration for help securing insurance for shipments.

clock June 23, 2020Evan Clark

A closed clothing bank due to the Coronavirus pandemic. Many charities have seen a large fall in donations, as charity shops and fundraiser events have been temporarily shut or stopped. Lewes, East Sussex.Coronavirus Covid-19 outbreak, Lewes, East Sussex, UK - 22 May 2020

Business Features

U.K. Report Finds 43% of Used Clothing Was Dumped During Lockdown

With shops closed, many Britons have delayed donating to charity, while others simply tossed used items in the trash.

clock June 23, 2020Samantha Conti

amazon prime day

Technology

Amazon Forms Special Team to Take Out the Fakes

The Counterfeit Crimes Unit’s goal is to sniff out bad actors and stop fraudulent listings before they start.

clock 21hAdriana Lee

A selection of new designs from the Watches & Wonders 2020 fair.

Markets

A Year of Magical Thinking

Markets and fairs have been thriving since ancient days, surviving war, invasion, and plagues far worse than COVID-19. Like myriad other industries, fashion can tailor its large-scale events around the current crisis with technology, creativity — and a leap of faith.

clock 22hSamantha Conti

post-coronavirus lockdown shopping London Selfridge's

Retail

Europeans Souring on American Brands Over Coronavirus

The U.S.’s handling of the pandemic has many European shoppers buying fewer American goods, a trend that could linger.

clock 23hKali Hays

Gwyneth Paltrow

Media

Goop Cruise Is Canceled Due to the Coronavirus

The inaugural Goop wellness cruise was scheduled to take off from Barcelona on Aug. 26 and then head to the Italian Riviera.

clock June 24, 2020Kathryn Hopkins

A saleswoman wearing protective face mask holds a handbag as she uses mobile phone to do live stream for consumers in a luxury good store in a shopping mall following more new COVID-19 cases being found recently in Beijing, China, 21 June 2020. Beijing reported new 22 confirmed COVID-19 cases on 20 June.Daily life amid coronavirus pandemic in Beijing, China - 21 Jun 2020

Retail

China to Overtake U.S. as World’s Largest Retail Market in 2020

Due to COVID-19 disruptions, China is expected to claim this mantle sooner than expected.

clock June 24, 2020Tianwei Zhang

GNC store

Financial

GNC Files for Chapter 11 Bankruptcy Protection

The health and wellness company is hoping for a sale, but in the meantime plans to close between 800 and 1,200 stores.

clock June 24, 2020Kellie Ell

Rick Caruso

Business Features

Moore From L.A.: Mall Owner Rick Caruso on Pandemics, Protests, Getting America Shopping Again

“The beauty of our projects, no matter where they are located, is they are open to everybody. We don’t put turnstiles on them,” said the retail real estate impresario and politician in the making.

clock June 24, 2020Booth Moore

Mark Thompson, President and Chief Executive,New York Times Company speaks at the IPPR Oxford Media Convention.IPPR Oxford Media Convention, UK - 18 Mar 2019

Media

The New York Times Cuts 68 Jobs

Most of the layoffs are in advertising, including staff at Fake Love, The Times’ experiential marketing agency, which it is shuttering.

clock June 23, 2020Kathryn Hopkins

Instagram app icon on iPhone, iOS, social network, smartphone screen, display, close-up, detail, GermanyVARIOUS

Technology

Instagram Shopping to Let Creators Hawk Their Own Products

The guidelines redefine merchants on the Instagram Shopping platform.

clock June 23, 2020Adriana Lee

Roger Lynch'La noche de GQ San Jorge Juan', Madrid, Spain - 20 Jun 2019

Media

Condé Nast Pledges to Improve Diversity During NewFronts Pitch

The annual advertising pitch was hosted virtually for the first time this year due to the coronavirus pandemic.

clock June 23, 2020Kathryn Hopkins

President Trump talks to reporters on the South Lawn of the White House in Washington. Trump is showcasing the growing effort to capitalize on western Pennsylvania's natural gas deposits by turning gas into plasticsTrump Economy, Washington, USA - 09 Aug 2019

Technology

What the H1B Executive Order Means to Tech — and Fashion

The President wants to stifle work visas for foreign applicants. The tech industry wants to stop this. So should fashion.

clock June 23, 2020Adriana Lee

Scott Malkin

Financial

Luxury Consumers Want Brands to Take a Position

An Altagamma webinar tracked future trends, including high-end customers’ increasing shift from purchasing personal goods to investing in experiential luxury.

clock June 23, 2020Sandra Salibian

J.C. Penney

Retail

J.C. Penney Ups the Count on Store Closings

The bankrupt retailer is in the process of liquidating scores of locations and will be liquidating more.

clock June 23, 2020David Moin

United Colors of Benetton fall 2019 ad campaign.

Financial

Benetton Parent Edizione Reports 2019 Profits Down, Sales Up

Edizione’s clothing and textile division represented 6.8 percent of total sales, standing at 1.23 billion euros as the holding plans to support the companies it controls “to ensure their growth and development also by engaging partners that will share strategy and governance.”

clock June 23, 2020Luisa Zargani

AllSaints Rockefeller Center

Financial

AllSaints Gets U.S. Bankruptcy Court OK of U.K. Restructuring

Hit hard by the pandemic, AllSaints is getting a new cash injection as it faces tens of millions of dollars in unpaid rent.

clock June 23, 2020Kali Hays

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The Air Jordan 1 OG Dior

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Air Jordan 1 OG Dior High and Low Tops: Where to Buy

clock 5hJoelle Diderich

Social Studies