Two diametrically opposed women walked the Milanese runway on Thursday. On the one hand, there was Moschino's sensuously sophisticated 1940s lady, on the other, the shifting, enshrouding silhouette proposed by Prada.
Like many other online fashion retailers, Farfetch saw soaring demand last year and said on Thursday that its 2020 gross merchandise value topped $3bn, up 49% year-on-year. Meanwhile revenue rose 64% to $1.7bn.
It wasn’t all about lost jobs and failing businesses last year. A new study reveals 835,494 new businesses were registered in the 12 months to January 2021, with the online retail sector the main beneficiary.
E-tail took another socially positive step forward Thursday to improve its somewhat tarnished image with eBay announcing it’s planning to invest millions of pounds in creating jobs and opportunities in the UK.