Retailers enjoyed a brief but much-needed bounce ahead of Thursday’s new month-long lockdown in England, according to reports. Consumers headed out in force to shop before the blanket closure of ‘non-essential' stores.
The resurgence of Covid-19 in Europe is increasing the uncertainty surrounding September fashion events. Trade show and fashion week organisers are trying to cope, amidst postponements, cancellations and online options.
More evidence is emerging that while Monday’s reopening day in England may have looked busy, there's a big gap between the usual June visitor traffic and what we actually saw on the day, especially in London.
Galeries Lafayette's new outlet on the Champs Elysees is struggling because people are staying away due to COVID-19, according to its CEO, who said the crisis would hit the group to the tune of 1 billion euros.
Barclaycard and Ipsos Retail Performance released their regular monthly spending and footfall studies this week and both contained bad news for the fashion sector, with lots of uncertainty ahead as well.