IEEPA Tariff Refunds Begin to Hit Importers’ Accounts
Coronavirus
Viscose Dampens Lenzing Results as Specialty Fibers Rise
Despite a difficult demand environment for textile fibers, Lenzing characterized its 2019 results as "a solid…
Europe-U.S. Travel Shutdown Hits Markets
Fashion stocks were caught in a whirlwind as President Trump cut incoming travel from Europe.
Gucci Closes Italy Production Sites Until March 20
This temporary closure is a precautionary measure during the COVID-19 outbreak and will not affect the supply…
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Cosmoprof Worldwide Bologna Further Postpones Dates
Originally slated to run this week and rescheduled due to the coronavirus crisis, the beauty trade show will…
Pandemic Rules Retail, Shopping Slows, Stocks Fall
The coronavirus has brought a bear market and slower economic growth.
New York’s Top Fashion Design Schools Cancel Classes Over Coronavirus
Both the Fashion Institute of Technology and Parsons School of Design have canceled classes and will…
Cost of COVID-19? Adidas Could Swallow $1B in Lost China Revenue
Adidas declined to update its outlook for fiscal 2020 with coronavirus pandemic impacts as uncertainties are…
Italy Shuts Down All Nonessential Commercial Activities
In the country, only food stores and pharmacies are allowed to operate until March 25.
As Coronavirus Spreads, Paid Sick Leave Is a Question
An emergency paid sick leave measure is stalled in the Senate as the number of confirmed cases in the U.S…
ABC, NBC Ban Live Audiences at Morning Shows Amid Coronavirus Concerns
"Good Morning America" and "Live With Kelly and Ryan" were among the shows to have no live audience Wednesday.
Brunello Cucinelli Sees Coronavirus Crisis as Temporary, Thinks Long-term
The entrepreneur spoke of the coronavirus outbreak as his company reported gains in profits and revenues in…
China Comes to Cambodia’s Aid Amid Pandemic-Driven Raw Materials Delays
Roughly 200 Cambodian factories are reeling from supply-chain disruptions in the wake of the COVID-19…
Express Inc. Posts Q4 Beat, But There’s a Problem With Q1 Outlook
Express is just starting a new strategic plan, but its Q1 outlook forecasts a wider net loss per share than…
HanesBrands CEO Gerald W. Evans Set to Retire Next Year
The innerwear and activewear company has begun its search for his successor.
Kering Donates 2 Million Euros to Support COVID-19 Fight
The donation will benefit health-care organizations in Italy's Lombardy, Veneto, Tuscany and Lazio regions.