It is expected that the luxury retail would lose billions of dollars due to lock-down and social isolation. Even then during these tough times various Fashion Brands came forward to support human race fight the deadly Coronavirus -COVID-19.
Like every other industry, fashion industry is facing a
big hit because of COVID-19. Most people are afraid that they might catch the
virus while going out for shopping where as many other think it is wastage of
resources and money to be spend on luxury fashion items when there would be no opportunity
for them to show those off to the other people due to social isolation and
lockdown. In the current situation people are only interested in investing
their money in items such as multi-layer masks, medicated wipes, hand sanitizers
and other disinfectant products.
Understanding their responsibility many fashion brands
came forward for the sake of helping people and saving humanity from destruction.
The luxury goods conglomerate LMVH -the parent company of Louis Vuitton,
Christian Dior, Givenchy and Guerlain- took the lead and announced that they
would use their three perfume and cosmetic production facilities of the brands
named above for producing hand sanitizers. They would give hydroalcoholic gel (hand
sanitizer) to the French authorities so that these could be distributed in the French
hospitals fighting the Coronavirus outbreak. During this time, they would not
produce any cosmetics for these brands. Their plan was to deliver these
sanitizers free of cost in 39 public hospitals in Paris.
Moreover, Donatella Versace -the Italian Fashion
Designer and chief creative officer of Versace- pledged that she and Allegra -Donatella’s
daughter- would donate 200,000 euros to the intensive care department of
San Raffaele hospital in Milan. In her statement she said “Our hearts go out to
all those who have been affected by this disease and to all the doctors
and medical staff who have been working
heroically non-stop in the past weeks in the effort to take care of our loved
ones. This is when we, as a society, need to stand together and care for one
another.”
John Donahoe -President and CEO of Nike, Inc.- along
with his wife, Penny and Phil Knight -cofounder and chairman emeritus of Nike- and
Kathy And Mark Parker – executive chairman Nike- committed to donate $10
million to Oregon-based organizations to support them to fight against COVID-19.
Nike Inc. and Nike Foundation as organizations committed to gave away $5million
for local and international relief efforts to support the communities. Furthermore,
John Donahoe pledged “All employee donations to COVID-19 response efforts will
be matched two-to-one.”
Parada donated six ICUs to different
hospitals in Milan. Giorgio Armani donated 1.25 million euros to the hospitals
in Milan and National Civil Protection Agency. $1 million were donated by Kering
– the conglomerate which owns Gucci, Balenciaga, and Saint Laurent- to the Red
Cross Society of China. Moncler gave away 10 million euros for the construction
of 400 ICUs in Milan. Dolce & Gabbana is supporting the research for fighting
COVID-19 at Humanitas University.
A huge number of brands such as Nike, Reebok, Under
Armour, Urban Outfitters, Patagonia, Supreme, Louis Vuitton, Everlane, Adidas, Abercrombie
and Fitch, Levi’s, Nordstrom, and many others have closed their stores temporarily
till the situation gets under-control. Gucci and Giorgio Armani have stopped
their production in Italy. Rolex also closed its factories in Switzerland. High
profile fashion events are postponed indefinitely or cancelled.
Anna Wintour -editor in chief of Vogue- and the Costume Institute at the
Metropolitan Museum of Art announced that Met Gala which is the fashion’s biggest
and most awaited event of the year would be postponed indefinitely.
In this uncertain situation everyone is taking part in
making things better for the communities they live and work in. May things get
better soon.
Fashion Industry’s Response To Social Isolation Due To Coronavirus Outbreak Worldwide
Reviewed by Ushna Khan
on
March 21, 2020
Rating:
Very impressive
ReplyDeleteThank you
DeleteIn these uncertain times the situation is only going to get worse for the fashion industry before it gets any better. Such is the case for all other industries affected because of COVID-19. Reprecussions will be felt well into 2021. Well informed Article.
ReplyDeleteyeah situation will get worst before getting any better
ReplyDeleteVery informative ✌🏻
ReplyDeleteThanks!Great help
ReplyDelete