Venerable US retailer Lord & Taylor filed for Chapter 11 bankruptcy on Sunday, becoming the latest in a growing list of storied names to do so amid the ongoing coronavirus outbreak that has crippled the retail sector.
H&M , the world's second-biggest fashion retailer, said on Tuesday it had temporarily closed 95 of its stores in the United States because of the violent protests following the death of George Floyd in police custody.
This summer’s Milan menswear season may have been cancelled due to the pandemic, but Ermenegildo Zegna is still planning a show – though with a radically new digital format. Alessandro Sartori explains exactly how.
The luxury menswear group has pitched into the Covid-19 fight with a €3 million personal donation by its senior management and the Zegna family to Italy's Civil Protection Agency, and by starting mask production.
Mayhoola, the investment vehicle of the Qatari royal family that controls Valentino, Balmain and Pal Zileri, will donate €1 million to key Milan hospital, and an equal amount to a key organization handling emergencies.
The Italian label led by Remo Ruffini will join in the effort to fund the construction of the 400-bed ICU hospital that the Lombardy regional authority wants to build in record time on the former Milan trade fair site.