The letter from Matthew Shay, president/CEO of the country’s largest retail trade association, seeks to clarifications from the Trump administration as state and local governments enact ad-hoc, patchwork and piecemeal regulations to protect against the spread of the COVID-19 coronavirus.
As damage from the coronavirus continues to make waves across the economy, layoffs have begun in travel and will likely hit many sectors of the luxury business.
Armageddon is what it looks like to observers of the world economy. The COVID-19 coronavirus may have scarred China and its neighbors, but it has the potential to totally disembowel the economies of Europe and North America.
I connected with Sophia Jin last Sunday, March 15 afternoon. Because of the coronavirus, most of China is home quarantined, which makes it hard to distinguish a weekday from the weekend.
In line with other luxury marketers in the United States and Canada, Italian luxury label Gucci is closing all its stores in the region as a buffer against the COVID-19 coronavirus.
In line with other luxury marketers in the United States and Canada, Italian luxury label Gucci is closing all its stores in the region as a buffer against the COVID-19 coronavirus.
Saks Fifth Avenue’s New York flagship has given over six windows and visual installations throughout its store to Italian fashion brand Bottega Veneta.
Does the luxury business follow a business cycle, or is it immune to the twists and turns of the global economy?
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Italian jeweler Pomellato has kicked off its third annual Pomellato For Women campaign with a message of female leadership and equality expressed through an effort starring icons.
