Will the fashion industry revive from the consequences of coronavirus pandemic?

The coronavirus pandemic is continuing to be a global threat as the total of confirmed cases rises to 3,222,466 and 228,270 deaths. However, to contain the virus from spreading further, many nations had to lockdown cities. The consequences of lockdown and travel ban severely hit the global market. The stock markets crumpled, and business

sectors such as real estate, tourism, MSME, retail industry, and many more are continuing to bare losses.

The entire world is currently battling the deadly virus and the lockdown has upset the fashion industry too. Big fashion brands, such as Burberry, Dior, Giorgio Armani, Gucci, Louis Vuitton, and many more, felt the impact of the coronavirus lockdown as malls, fashion streets, and stores were shut all over the globe. Many important fashion

events such as the Met Gala in New York, Paris Men’s Fashion Week, 2020 CFDA Fashion Awards and The India Fashion Week Autumn- Winter 2020 either had to be postponed or canceled due to the pandemic.

The Fashion Industry’s supply chain has come to a standstill as the supply from design to delivery has wholly diminished. The fashion the industry thrives on fabric from all around the world, which is impossible to deliver or receive amid lockdown. Big brands in the industry get their clothes stitched by workers from various other countries for cost-saving, e.g., Sri Lanka, Bangladesh, and Vietnam, to name a few, which has been poorly struck by the

Covid-19 health crisis.

Nobody knows how the world will look like after the pandemic but it will surely bring a significant change in consumer behavior. The The fashion Industry is majorly vulnerable since its market depends on discretion spending. The question arises, will trends change? Or will consumers avoid expenditures on luxury items or continue to purchase them? However, time will tell if there will be alterations or a massive scale shift in the fashion industry

Comments

Israeli settlers have once again attacked religious minorities in the region, this time targeting a church in East Jerusalem.

According to reports, the settlers assaulted clerics and worshippers at the Church of the Sepulchre of Saint Charbel, causing damage to the property and injuring several people. This kind of behavior is not only unacceptable but also undermines efforts to promote peace and stability in the region. Attacks on religious minorities are a direct attack on religious freedom and must be condemned by all. The Israeli authorities must take swift action to bring the perpetrators to justice and hold them accountable for their actions. It is also important to ensure the safety and protection of religious minorities and their places of worship, as guaranteed by international law. this incident is a sad reminder of the ongoing conflict in the region and the need for a comprehensive and just solution. It is up to all of us to work together to promote understanding, tolerance, and respect for different beliefs and cultures, and to build a brighter and more peaceful future for all.

Fights break out as Kurds protest the French government's denial of a terrorist attack

Following the murder of three Kurds in what is being considered to be a probable racist incident , there have been widespread protests in Paris. The fact that the authorities did not view the attack at a Kurdish centre as a terrorist act has enraged the Kurdish diaspora in Paris. A 69-year-old man opened fire on a crowd of individuals early on Friday morning at the Ahmet-Kaya centre on Rue d'Enghien in the 10th arrondissement. One of the three victims is badly injured. All of the dead were Kurdish community members who passed away both inside and outside the cultural centre. Agit Polat, a spokesman for the Kurdish centre, charged that French officials "yet again failed to safeguard us... This is a terrorist attack in our eyes, according to the AFP news agency. In the afternoon, a number of protestors, largely from the Kurdish diaspora, got into a fight with the police outside the centre and in the streets close by, throwing rocks and torching trash cans. Police use...

Verbal spat between Joe Biden and Benjamin Netanyahu over Israel judicial overhaul

The Prime Minister of Israel, Benjamin Netanyahu, turned down United States President Joe Biden’s suggestion that the Israeli government “walks away” from a plan to overhaul the country’s legal system. A verbal spat between the two close allies took place on Wednesday. The US President and Israeli Prime Minister exchanged a few words on judicial changes in Israel. On Tuesday, reporters asked Joe Biden about Israel’s judicial overhaul planned reforms. Biden reportedly said, “I hope he (Netanyahu) walks away from it.” He said that the Israeli government “cannot continue down this road” and urged compromise on this plan to overhaul the country’s legal system. Subsequently, the Israeli PM said that his country makes its own decisions. He reportedly said in a statement, “Israel is a sovereign country which makes its decisions by the will of its people and not based on pressures from abroad, including from the best of friends.” Netanyahu’s latest comments came a day after he de...

Newsaholic

Search This Blog