Loungewear, active clothing, lingerie and swim are key focuses for consumers under lockdown as they seek comfort while working (and working out) at home and also look forward to post-lockdown holidays.
EU antitrust regulators on Monday said Mastercard Inc’s plan to buy part of Scandinavian payments group Nets is a significant threat to competition in Europe based on information from six countries including Britain.
The American fashion group has announced that it is donating its stocks of medical-grade masks to health workers around the world, and revealed that it is investing an initial parcel of $3 million in relief efforts.
As the Covid-19 crisis continues, half of Europe’s e-tailers have been hit, or expect to be hit by inventory surplus issues. Unsurprisingly, the fashion, luxury and cosmetics sectors are said to be especially affected.
Stockmann's parent company is filing for corporate restructuring as cash flows are dented by the coronavirus. But its department stores and its Lindex chain won't be affected, the company said on Monday.