Low-cost fashion chain H&M sees sales 16% drop due to virus

Swedish low-cost fashion brand Hennes & Mauritz AB says its third quarter sales fell 16% to 51 million kronor ($ 5.7 million), largely as a result of the COVID-19 pandemic

STOCKHOLM — Swedish low-cost fashion brand Hennes & Mauritz AB said Thursday its third quarter sales fell 16% to 51 million kronor ($ 5.7 million), largely as a result of the COVID-19 pandemic.

At the beginning of the quarter, approximately 900 of the group’s more than 5,000 stores were temporarily closed. At the end of the quarter just over 200 stores were temporarily closed.

The Stockholm-based retailing group said its profit after tax for the period June 1– Aug. 31 amounted to 1.8 billion kronor ($200 million). A year earlier, it had reported a profit of 3.9 billion kronor.

“Through much-appreciated collections and rapid, decisive actions, we returned to profit already

Read More Read more

‘Model minority’ myth in the time of ‘China virus’

People who look like me are praised for making innovative electronic devices, and we are also blamed for the “China virus.” We are celebrated for achieving the American dream, and we are regularly told to go back to where we came from. In the eyes of some of our fellow Americans, we are a living contradiction. This is the essence of the model minority myth, and for a long time, I believed it.

Growing up, there was a huge municipal park within walking distance of our apartment in Huntington Beach. Most nights after dinner, my father, sister, and I walked the winding concrete path around the park, stopping at the blue, rusty garbage barrels to look for aluminum cans. My father would fetch and hand them to us. We would flip them over, dumping out the last drops of cola or beer before giving them back to our father, who

Read More Read more

Defiant Maine pastor’s family planning wedding events across state line amid virus outbreaks

SOMERSWORTH, N.H. — The family of the defiant Baptist pastor linked to Maine’s largest COVID-19 outbreak after officiating a wedding near Millinocket in August will gather next month for another wedding and reception, just a few miles from virus hotspots in York County.

It is unclear whether Todd Bell, head of Sanford’s Calvary Baptist Church and a religious school, will conduct the ceremony between his son and a New Hampshire woman at an indoor service on Oct. 17 at South Church, a Unitarian Universalist church in Portsmouth, New Hampshire. But a “family minister” will officiate the ceremony, said Jennifer Leyden, a spokesperson for the church.

About 50 are expected to attend the 20-minute wedding in a sanctuary designed to hold 525 people, Leyden said. It will be “an in-and-out service” that won’t include a choir. Attendees are expected to wear masks, provide names and phone numbers for contact tracing and

Read More Read more

Paris fashion week goes ‘physigital’ to beat the virus

Paris women’s fashion week opened Monday just as the city limited public gatherings in a bid to slow rocketing virus infections in France.

Like Milan — which finished Sunday — the vast majority of Paris shows over the next nine days will be virtual, with frustrated fashionistas watching on their phones and computers through TikTok, Instagram, YouTube and the labels’ own sites.

Hollywood star Sharon Stone declared the week open in a video message, urging designers to rise to the challenge of better serving “emancipated, free and bold women.

“Fashion has to be more fair, diverse and equal,” she said.

Only a handful the biggest brands, led by Dior, Hermes, Louis Vuitton and Chanel, are staging real live shows.

With the vast bulk of international buyers and style journalists who usually flood the French capital staying away because of travel restrictions, Saint Laurent, Hedi Slimane’s Celine and Virgil Abloh’s luxury

Read More Read more