The Italian fashion industry association's president asked landlords to accept a rent payment suspension until stores will reopen, urging them to renegotiate lease terms until income flows will become regular again.
No city stages fashion presentations as succinctly as Milan, all the way through the past week, which ended with the city closing its doors dramatically on Sunday after the first deaths from the coronavirus in Italy.
Renzo Rosso’s fashion group has announced it will give all its subsidiaries, besides Staff International, the possibility of providing financial backing to their suppliers, a further potential pool of 400 companies.
Renzo Rosso’s fashion group, which owns among others Diesel and Marni, will develop, produce and distribute through its subsidiary Staff International the collections of the French label designed by Christelle Kocher.
Car maker BMW has inked a five-year licence deal with the eyewear group starting on January 1 2020, for the design, production and distribution of eyeglasses and sunglasses for the BMW, BMW M and BMW M Motorsport lines.