Prada SpA reported 2019 net profits of 256 million euros. 🔐
Retail store closures continue at a rapid rate as the coronavirus makes its way around the globe. Most of the stores are being closed for at least two weeks. While many brands said they would pay their staff their salaries and benefits during the closures, others did not specify whether they would do so. WWD has rounded up which stores have closed, which ones have new, shorter hours and what else to expect at the link in bio.
working with the government to create drive-through COVID-19 testing centers and LVMH Moët Hennessy Louis Vuitton flexing its high-end beauty manufacturing muscle and putting it toward making free hand sanitizer. There are also a host of other important issues, including pay for hourly workers sent home, price gouging and more. Already companies are looking at their options.
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