The deal between LVMH and Tiffany & Co. may not take place The largest deal in the history of luxury - the purchase of the jewelry brand Tiffany & Co. by LVMH holding - may not take place.
Walmart stores will retain restrictions on customers for a long time Walmart representatives said that some of the restrictions imposed by the pandemic would be extended indefinitely.
Adidas sales growth after the pandemic has exceeded expectations The company expects a return to pre-crisis indicators by the end of the second quarter.
Gap has been sued for $66 million in unpaid rent Simon Property Group, the largest landlord in the United States, has filed a claim for almost $66 million in unpaid rent.
The first virtual fashion show will be supported by Prada The live online broadcast of the fashion show will showcase models and clothing created using 3D technology.
The crisis is forcing retailers to close stores on a massive scale The prolonged retail apocalypse, multiplied by the coronavirus pandemic, will result in massive retail store closures across the United States.
Apple, Chanel, Rolex and other stores were attacked by the protestors in the US During the protests in New York City, unknown people looted a number of shops in the Chelsea, Soho, Flatiron, and Midtown areas.
Adidas and AllBirds will develop the most environmentally friendly shoes Adidas and AllBird have announced a partnership aimed at creating new environmentally friendly technologies.
Galeries Lafayette launched a video shopping service French chain of department stores Galeries Lafayette has announced a new service for customers during the closing of stores.
Starbucks leaves coffee shops in shopping malls in favor of drive-thrus The chain of coffee shops adapts to the realities of the post-quarantine world and focuses on drive-thrus, self-service, and delivery.
Gucci rejects seasonal collections Due to the sharp decline in interest in fashion in the midst of the pandemic, the company is abandoning the traditional calendar of shows and moving to an off-season schedule.
Adidas has introduced a reusable Face Cover mask The masks to protect against coronavirus are called Face Covers and are made from recycled materials.
