![Ralph Lauren store at 888 Madison Avenue in New York is among retail stores closed during the coronavirus pandemic. Image credit: Ralph Lauren](https://cache.luxurydaily.com/wp-content/uploads/2020/04/rl_888madison_v2.jpg)
Retailers, manufacturers and brands across luxury sectors have had to lay off or furlough employees in response to the loss of income from the COVID-19 healthcare crisis and resultant government-imposed lockdowns.
Retailers, manufacturers and brands across luxury sectors have had to lay off or furlough employees in response to the loss of income from the COVID-19 healthcare crisis and resultant government-imposed lockdowns.