Global Fashion Industry to be Contracted to 30%, Lady Gaga Covers ‘InStyle’ | Instant News


In addition, the Styles team “The New York Times” released a new podcast.

Business Mode and McKinsey & amp; Company has released a new report that examines in detail the impact of the coronavirus pandemic on the global fashion industry. The results show that the industry is in a serious crisis, with millions of jobs and thousands of companies at stake. The report found that & nbsp; The global fashion industry is expected to contract by 27-30%, and the private luxury goods industry will contract by 35-39% by 2020. When life has returned to normality there will still be problems: Imran Amed, Founder and CEO of PT Business Mode, reported, “After the dust subsides in an immediate crisis, fashion will face a recessionary market and the industrial landscape is still undergoing a dramatic transformation. This will require unprecedented collaboration in the industry – even between competing organizations. No company will go through a pandemic alone ., and fashion players need to share data, strategies and insights on how to navigate the storm. “{Business Mode}
“data-reactid =” 21 “>The global fashion industry is contracting by up to 30%, according to a new report
Business Mode and McKinsey & Company has released a new report that examines in detail the impact of the coronavirus pandemic on the global fashion industry. The results show that the industry is in a serious crisis, with millions of jobs and thousands of companies at stake. The report found that the global fashion industry is expected to contract by 27-30%, and the private luxury goods industry will contract by 35-39% by 2020. When life has returned to normal there will still be relative problems: Imran Amed, Founder and CEO of PT Business Mode, reported, “After the dust subsides in an immediate crisis, fashion will face a recessionary market and the industrial landscape is still undergoing a dramatic transformation. This will require unprecedented collaboration in the industry – even between competing organizations. No company will go through a pandemic alone ., and fashion players need to share data, strategies and insights on how to navigate the storm. “{Business Mode}

Lady Gaga grace InStyle& Nbsp; Can publish and open about love-hate relationships with social media, mental health and politics (“We have the power to decide how we face each other socially. And we don’t need to put too much power in anyone’s hands. That said, I watch what happened I think we all know who I will be no be voting for. “) {InStyle}
“data-reactid =” 22 “>Lady Gaga includes InStyle
Lady Gaga grace InStyleThe May issue and is open about his hateful love relationship with his social media, mental health and politics (“We have the power to decide how we interact socially. And we don’t need to put too much power in anyone’s hands. That said, I watch what happened I think we all know who I will be no be voting for. “) {InStyle}

The New York Times The Styles Team & nbsp; launch a new podcast & nbsp; guided by Priya Parker, a conflict facilitator whose expertise in how humans get together. Called Together Separately, it is a guide, a reminder of the human spirit to stay together creatively and meaningfully, even though we must be physically separated. Podcasts are available on Apple podcasts here. {Fashionista Inbox} “data-reactid =” 23 “>The New York Times The Styles team released a new podcast
The New York Times The Styles team launches a new podcast, hosted by Priya Parker, a conflict facilitator whose expertise in how humans get together. Called Together Separately, it is a guide, a reminder of the human spirit to stay together creatively and meaningfully, even though we must be physically separated. Podcasts are available on Apple podcasts here. {Fashionista Inbox}

Far is & nbsp; support the boutique owner community through this difficult time by launching the initiative & nbsp; please, #supportboutiques. Farfetch is & nbsp; increase the visibility of boutique owner shares at Farfetch, and help them with logistics, marketing and operations through their platform. Farfetch partners offer customers a 25% discount to encourage support, and in turn, Farfetch bills retailers 25% less to use the platform. {Fashionista Inbox} “data-reactid =” 24 “>Farfetch launches #supportboutiques
Online luxury fashion retail platform Far support the boutique owner community through this difficult time by launching its initiative, #supportboutiques. Farfetch enhances the visibility of boutique owner shares in Farfetch, and helps them with logistics, marketing and operations through its platform. Farfetch partners offer customers a 25% discount to encourage support, and in turn, Farfetch bills retailers 25% less to use the platform. {Fashionista Inbox}

Time} “data-reactid =” 25 “>Why wear makeup when it’s a pandemic
With people all over the world quarantined at home, it is only natural that personal care habits such as wearing make-up or dressing (in something other than sweat) will come out the window. However, there may be a positive side to trying to put on makeup and wearing clothes that make you feel good. Stewart Shankman, head of psychology at Northwestern Memorial Hospital, said Time, “This COVID-19 pandemic is an unprecedented time of uncertainty and uncontrolled. So people who wear make-up will give them a sense of control remembering what happened outside is out of control.” {Time}

Never miss the latest fashion industry news. Register for the Fashionista daily bulletin. & Nbsp;“data-reactid =” 26 “>Never miss the latest fashion industry news. Register for the Fashionista daily bulletin.



image source

to request modification Contact us at Here or [email protected]

LEAVE A REPLY

Please enter your comment!
Please enter your name here