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Influencers form American Influencer Council to support influencer marketing industry

Influencers form American Influencer Council to support influencer marketing industry

Founded by Qianna Smith Bruneteau, the American Influencer Council frames influencers as small business owners, and aims to sustain "the integrity, viability and growth" of the industry.
Fashion
Kering makes commitment to biodiversity

Kering makes commitment to biodiversity

The French luxury group has published its first ever dedicated biodiversity strategy, one of the main pillars of which is a 5 million-euro fund for the development of regenerative agriculture. 
Fashion
YNAP CEO Marchetti joins Armani board as non-executive director

YNAP CEO Marchetti joins Armani board as non-executive director

Yoox Net-a-Porter (YNAP) Chairman and Chief Executive Federico Marchetti was appointed non-executive director on the board of fashion house Giorgio Armani, the luxury group said on Wednesday.
Fashion
John Lewis to close some department stores as Oxford Street prepares to reopen

John Lewis to close some department stores as Oxford Street prepares to reopen

On what should have been a ‘normal’ day in the UK retail sector, John Lewis became latest company to announce negative news with the prospect of store closures and job cuts ahead.
Fashion
Harrods could cut 14% of staff as pandemic fallout continues

Harrods could cut 14% of staff as pandemic fallout continues

Harrods is believed to be cutting up to 700 jobs as the fallout from the coronavirus crisis continues to devastate the retail sector. That number would mean up to 14% of its workforce being made redundant.
Luxury
Gucci launches sustainable collection via Farfetch exclusive

Gucci launches sustainable collection via Farfetch exclusive

Sustainability is having an ever larger impact on luxury and this week Gucci launches its first collection under its Gucci Circular Lines initiative. It debuts on Farfetch where it will be exclusive for two weeks.
Luxury
Hammerson reopens in England, Ireland, France, but rent issues remain

Hammerson reopens in England, Ireland, France, but rent issues remain

Major British retail landlord Hammerson issued an update on Wednesday that showed reopenings in England, Ireland and France are well under way, but it has been struggling to collect rents from some retail tenants.
Fashion
UK retail footfall continues to improve, but is still low

UK retail footfall continues to improve, but is still low

UK retail footfall rose in the second week of English and Northern Irish stores reopening, the BRC-ShopperTrak Footfall Monitor has shown.
Fashion
Gucci makes major cuts to wholesale network

Gucci makes major cuts to wholesale network

As previously announced, Kering's Gucci has executed an increasingly popular strategy among luxury fashion houses and reduced the number of its retail partners, notably cutting its wholesale network by 70% in Italy.
Fashion
Competition watchdog chair 'forced out', could it mean fewer merger blocks?

Competition watchdog chair 'forced out', could it mean fewer merger blocks?

The news this month that Lord Andrew Tyrie, the chair of the Competition and Markets Authority (CMA), would exit his role was driven by a major clash with the CMA’s top executive Andrea Coscelli, a report has claimed.
Fashion
LVMH reduces 2019 dividend by 20%, as sales plummet 15% in first quarter 2020

LVMH reduces 2019 dividend by 20%, as sales plummet 15% in first quarter 2020

"Expect a slow recovery from the pandemic in 2020", warned Bernard Arnault, chairman and CEO of LVMH, whose giant group on Tuesday morning announced a 20% reduction dividend in 2019.
Fashion
Gap partnership with Telfar canceled

Gap partnership with Telfar canceled

The collaboration with Telfar was postponed due to the outbreak of Covid-19, and has since been officially dropped - just days after Gap's announcement of a new partnership with Kanye West and Yeezy. 
Fashion
LVMH-backed Australian swimsuit brand in administration due to virus

LVMH-backed Australian swimsuit brand in administration due to virus

Seafolly Pty Ltd, an Australian swimsuit maker part-owned by LVMH, appointed administrators on Monday citing a sales downturn from the coronavirus.
Luxury
Camera unveils Milan's debut digital season with 39 events

Camera unveils Milan's debut digital season with 39 events

The Camera della Moda has unveiled the schedule for July's Milan Digital Fashion Week, with 39 video displays, presentations and live events – a season including mega labels like Prada, Gucci, Zegna and Dolce & Gabbana.
Fashion
Gareth Pugh launches Pride activations

Gareth Pugh launches Pride activations

The art projects document the 1969 Queer liberation movement and showcase today’s trailblazers to explore the definition of what Pride means to the LGBTQIA+ community. 
Luxury
Gift cards boom in lockdown - study

Gift cards boom in lockdown - study

Gift Cards have been a key purchase during Britain’s lockdown and actually overtook physical gifts, a new study shows. And consumers have been buying in order to support favourite stores to which they feel loyal.
Fashion