LVMH Says Revenues Have Dropped 10% to 20% Due to Coronavirus
Fashion

LVMH Says Revenues Have Dropped 10% to 20% Due to Coronavirus

Kering SA and Burberry Group Plc. have also reported similar drops.

GameStop to Close At Least Another 320 Stores Over the Next 12 Months
Gaming

GameStop to Close At Least Another 320 Stores Over the Next 12 Months

After already closing 321 stores in the previous financial year.

New Balance Gets "All Hands On Deck" to Make Face Masks for Hospitals
Footwear

New Balance Gets "All Hands On Deck" to Make Face Masks for Hospitals

“Made shoes yesterday. Making masks today.”

Nike Beats Sales Expectations During Coronavirus Pandemic Due to Rise in Online Shoppers
Footwear

Nike Beats Sales Expectations During Coronavirus Pandemic Due to Rise in Online Shoppers

Digital sales grew by 36% in the third quarter.

Neiman Marcus Reportedly Eyeing Bankruptcy Filing
Fashion

Neiman Marcus Reportedly Eyeing Bankruptcy Filing

The 112-year-old retailer has a $4.3 billion USD debt load.

LVMH Will Not Buy Tiffany & Co. Shares on Open Stock Market
Fashion

LVMH Will Not Buy Tiffany & Co. Shares on Open Stock Market

The $16.2bn USD deal still stands.


Adobe Photoshop and InDesign Now Free for Students
Tech & Gadgets

Adobe Photoshop and InDesign Now Free for Students

Extending help to students who have to class at home.

'Playboy' to End Print Publication After 66 Years
Entertainment

'Playboy' to End Print Publication After 66 Years

“Over the past 66 years, we’ve become far more than a magazine.”

Nike Pledges Over $15 Million USD To Fight Coronavirus
Footwear

Nike Pledges Over $15 Million USD To Fight Coronavirus

Donations will be split between food banks, medical research organizations and more.

Experts Say Nike Could Lose $3.5 Billion USD in Q4 2020 Revenue Due to COVID-19
Fashion

Experts Say Nike Could Lose $3.5 Billion USD in Q4 2020 Revenue Due to COVID-19

Coronavirus has lead to all its U.S. stores shutting.

Adidas Predicts $1 Billion USD Chinese Sales Decline Due to Coronavirus
Footwear

Adidas Predicts $1 Billion USD Chinese Sales Decline Due to Coronavirus

Competitors PUMA and Nike have already faced tanking share prices.

Toki Sen-I Co. Drops $624K USD Lawsuit Against Kanye West's YEEZY Label
Fashion

Toki Sen-I Co. Drops $624K USD Lawsuit Against Kanye West's YEEZY Label

‘Ye was previously accused of not paying for 53,500 yards of textiles.

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