;
Image: Gucci
Share

1. Balenciaga, Saint Laurent to Produce Masks in French Workshops: Luxury fashion conglomerate Kering SA, which owns Gucci, Balenciaga, Saint Laurent, and Bottega Veneta, among other luxury brands, said it would switch to producing surgical masks at the French workshops of its Balenciaga and Saint Laurent brands as the country ramps up its efforts to contain the coronavirus. – Read More on Bloomberg

2. “The Fashion Business Has Been Hit Hard”—Retail Industry Sends Letter to the White House Calling for Support Amidst Coronavirus Crisis: “Fashion is a $400 billion driving force of the US economy employing 4 million people, not including retail jobs. The retail industry is the nation’s largest private-sector employer, contributing $4 trillion to annual GDP and supporting one in four U.S. jobs—53 million working Americans.” – Read More on Vogue

3. How Meghan could become the world’s most powerful fashion influencer: Experts predict the Duchess of Sussex’s earning power as a brand ambassador could be up to $100 million. – Read More on the Telegraph 

4. Sales of luxury goods increase amid virus spread: The new coronavirus situation in Korea is not getting any better with more cases recorded over the weekend; but this has not stopped certain people from shopping for luxury goods. – Read More on Korea Times

5. Influencers Are Milking the Coronavirus for Clout—and Money: Wellness influencers and micro-influencers have also been doling out dubious advice. – Read More on Daily Beast