Burberry cancels dividend after sales plunge 27%
Luxury brand axes payment to shareholders worth about £120m amid Covid-19 crisis
virus
Back on Track: An App for the containment of Covid-19 and blood tests will help the return to working life, says Ferrari
How to facilitate the safest and most worry-free possible return to working life? Here is Ferrari’s possible solution. Made in partnership with a pool of virologists and experts, Ferrari‘s Back on Track project aims to provide a safe working environment from the resumption of the company’s productive activities, also with regard to … Read more
Marc Jacobs, Sephora, Moët Hennessy USA, and Fresh have joined the collective effort against the pandemic
The priority is to provide supplies for health authorities and aid both hospital staff and vulnerable populations fight the disease. How LVMH Maisons in the U.S. fight the Covid-19 epidemic. As the United States battles the new coronavirus, the luxury brands under the LVMH luxury group umbrella have joined the collective effort against … Read more
Versace, Michael Kors, and Jimmy Choo make significant donation in support of COVID-19 relief efforts
Capri Holdings and Founders Announce Donations of More Than $3 Million in Support of COVID-19 Relief Efforts. Capri Holdings, the global fashion luxury group owning brands covering the full spectrum of fashion luxury categories, announced that its collective brands and their founders are donating more than $3 million in support of … Read more
Estée Lauder reopening manufacturing facility to produce hand sanitizer
The Estée Lauder Companies Global COVID-19 Relief Support. As the world is faced with the unprecedented impact of the COVID-19 pandemic, The Estée Lauder Companies (ELC), the American multinational manufacturer and marketer of prestige skincare, makeup, fragrance and hair care products, stands with the global community to help limit the spread of … Read more