Day’s wrap: Fashion turmoil, Blancpain, Comité Colbert, Belstaff and marketing budgets

April 13, 2020

Belstaff is conducting podcast interviews with risk-taking personalities who fit the brand's DNA and might inspire consumers. Image credit: Belstaff

Luxury Daily's live news:

Implications for the fashion, apparel and beauty industries due to the coronavirus
The $400 billion U.S. fashion industry employs more than 4 million people, excluding retail positions. Retail positions continue to be the largest private sector employer, supplying as many as one in four jobs.

Blancpain’s China literary prize calls for entries to spot homegrown talent
Swiss watchmaker Blancpain and Chinese publisher The Imaginist are calling for submissions to their joint literary prize that aims to discover and encourage Chinese authors under the age of 45.

Bénédicte Epinay takes over as president/CEO of France’s Comité Colbert at critical time
Former journalist and content specialist Bénédicte Epinay has been named president/CEO of Comité Colbert, a 66-year-old association that represents the interests of French luxury brands.

British apparel brand Belstaff’s podcast series on risk-takers is template for others
British apparel brand Belstaff, seeking to mitigate the gloom around COVID-19 lockdowns, is continuing its podcast series with famous personalities who have gone off the beaten and become the people they have.

Coronavirus impact on marketing budgets
Reduced consumption leads to a decrease in the number of purchased advertisements.

Chanel legal decision shows strategy and limits to controlling reseller’s use of brand’s marks
In recent years, Chanel has brought a number of lawsuits against resellers as part of its efforts to control its brand image.