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Harlem's Fashion Row launches nonprofit in support of designers of color during Covid-19

Harlem's Fashion Row launches nonprofit in support of designers of color during Covid-19

HFR will host a virtual fundraiser in order to build funds for Icon 360, a nonprofit made to provide relief to designers of color who are pivoting their businesses in response to Covid-19 and need funding to scale. 
Luxury
Bernard Arnault buys one-quarter stake in fellow French patron Arnaud Lagardère’s holding company

Bernard Arnault buys one-quarter stake in fellow French patron Arnaud Lagardère’s holding company

Bernard Arnault, Europe’s richest man, has acquired a one-quarter stake in Arnaud Lagardère’s holding company, in a move that will be seen as an attempt to support the family of his fellow French billionaire.
Fashion
Alibaba's sales surge as people shop online during lockdown

Alibaba's sales surge as people shop online during lockdown

Alibaba Group Holding Ltd on Friday reported forecast-beating fourth-quarter revenues and profits, as more people shopped online for essentials because of the coronavirus lockdowns.
Others
The slow reopen: Retail visits edge up, broader economic measures still unmoved

The slow reopen: Retail visits edge up, broader economic measures still unmoved

The U.S. continued its cautious reemergence from a coronavirus-linked shutdown over the past week, with measures of retail foot traffic slowly increasing but broader indexes of economic activity still stalled.
Others
Matalan founder sues PwC over tax advice

Matalan founder sues PwC over tax advice

John Hargreaves, the multimillionaire founder of discount retailer Matalan, is suing PwC over claims the accounting firm gave him bad advice on how to avoid paying taxes when he moved from the UK to Monaco.
Fashion
UK sets out post-Brexit tariffs to underpin trade talks

UK sets out post-Brexit tariffs to underpin trade talks

The United Kingdom announced a new post-Brexit tariff regime on Tuesday to give it leverage in trade talks, cutting levies on tens of billions of dollars of supply chain imports.
Others
A Common Thread and Omaze partner to offer VIP fashion experiences in exchange for donations

A Common Thread and Omaze partner to offer VIP fashion experiences in exchange for donations

Under the 'Act for Good' campaign, those who donate to A Common Thread through Omaze will be entered into the running to win VIP experiences, like the opportunity to shadow Annie Leibovitz on a Vogue photo shoot.
Fashion
Tech firm launches zero-contact click & collect service for retailers

Tech firm launches zero-contact click & collect service for retailers

The service was fast tracked to meet retailers’ needs during the crisis as it allows shoppers to pick up orders without having to go into a store.
Others
UK consumer confidence stays low, consumer spending to suffer - report

UK consumer confidence stays low, consumer spending to suffer - report

UK consumers are feeling battered and lack confidence as their incomes drop at a faster pace than ever due to the coronavirus pandemic.
Fashion
India watchdog said to be reviewing antitrust allegations against Facebook's WhatsApp

India watchdog said to be reviewing antitrust allegations against Facebook's WhatsApp

India's antitrust watchdog is looking into allegations that Facebook's WhatsApp is abusing its dominant position by offering payment services to its vast base of messaging app users in the country.
Others
Dior's Maria Grazia Chiuri on feminism, the female gaze and working with women photographers

Dior's Maria Grazia Chiuri on feminism, the female gaze and working with women photographers

Christian Dior’s The Female Gaze podcast series took on a new dimension on Friday, as its new episode featured an interview with creative director Maria Grazia Chiuri, who described herself as a political couturier.
Luxury
Condé Nast lays off 100 employees on increased cuts

Condé Nast lays off 100 employees on increased cuts

The publishing powerhouse is laying off nearly 100 United States employees and furloughing an additional 100. 
Fashion
UK's furlough scheme extended, but employers must pay up too

UK's furlough scheme extended, but employers must pay up too

Britain has extended its job retention scheme by four months, but told employers they would have to help meet its huge cost from August. That could mean layoffs are likely as some firms won't be able to afford to pay.
Others
New York governor said some regions ready to reopen this week

New York governor said some regions ready to reopen this week

The New York Governor said on Monday that several regions of the state outside New York City could start reopening their economies this weekend after meeting criteria related to hospitalizations and coronavirus testing.
Others
Europe emerges from confinement, but Asia infections spike

Europe emerges from confinement, but Asia infections spike

Swathes of Europe began the long process of reopening from coronavirus lockdowns on Monday, but a resurgence of infections in China and South Korea offered a sobering reminder of the dangers of a second wave of cases.
Others
'A little unreal': Wary French venture out as lockdown eases

'A little unreal': Wary French venture out as lockdown eases

French sidewalks came to life Monday as officials began lifting the coronavirus lockdown, though daily life looked very different for those returning cautiously to shops and offices.
Fashion