British brands of all sizes are suffering from shrinking sales, desolate shop floors and a lack of international tourists. Restructuring is proving painful, but they’re pressing ahead.
Designers including Elie Saab and Rabih Kayrouz reported no victims from the explosion, which destroyed their headquarters.
Jones captured them all on camera — Boris Johnson, David Cameron and Hugh Grant — when they were unknown students cutting loose at Oxford University, in black tie, white tie — or leopard print.
Maria Grazia Chiuri has designed a capsule collection for the Isetan unit, while Dior velvet accessories will make their debut at Harrods.
Whether its customers are spending money — or not — Burberry wants them to have fun as they game their way across the Shenzhen shop floor.
In August, the U.S. could decide to beef up, and broaden, punitive tariffs on British and European luxury goods which have been caught up in a long-running dispute over government subsidies to Airbus.
The brand plans to reduce the number of collections and cut around 20 jobs in a bid to become a leaner and more efficient operation.
The British Fashion Council is asking designers to submit grant applications for a second round of funding in the wake of COVID-19. The submission deadline is Aug. 7.
Taking their cue from companies such as De Beers, Richemont and Chanel, top diamond cutters and polishers have committed to shrinking their own carbon footprint, and becoming more sustainable businesses in the medium term.
Group MD Anne Pitcher sent a letter to staff on Tuesday outlining the store’s post-pandemic plan, and warning “recovery will be slow.”
University of the Arts London, which includes Central Saint Martins and London College of Fashion, is showcasing graduates’ fashion, fine art and photography projects online.
“You can’t be a successful global brand without a solid China business — it’s just not possible these days,” said Sarah Creal, cofounder and chief executive officer of Victoria Beckham Beauty.
Unilever’s ceo Alan Jope described the first half as “testing,” with record levels of growth, and decline — all happening at the same time.
The consumer giant said it would allocate resources to regions “week by week” as they recover from the COVID-19 pandemic, and plans to ramp up marketing campaigns in the second half.