Fashion & Luxury market update - issue 430

Taylor Wessing is working with its long-term partner The British Fashion Council on the BFC Foundation Fashion Fund for the Covid Crisis, established to support creative fashion businesses and individuals to survive the coronavirus crisis (read more here). The BFC, through its charity the BFC Foundation, is making £1,000,000 of emergency funds available, with the majority supporting designer businesses and with a portion of funds also allocated to students, underpinning the future generation of creative talent. We are delighted to be taking part, offering support to up-and-coming designers and ensuring the future of creative talent.

This week’s top stories in the fashion and luxury sector:

Gucci to stage only two shows per year
(Fashion Network)

Clarks considers sale of minority stake
(Retail Gazette)

Topshop's design boss joins Ted Baker as Global Creative Director
(Retail Week)

MallZee's 'Lost Stock' app offers fashion boxes filled with cancelled orders
(Glamour Magazine)

Hanifa's ground-breaking show uses 3D virtual models
(Independent)

Deckers Brands reports triple-digit gains in online sales
(SGB Online)

Caval brand launches a new line of vegan trainers with apple leather
(The Jakarta Post)

Gen Z are expected to put a stop to fast fashion, in favour of a 'buy less, buy better' approach
(The Guardian)