Fashion Industry Clears Its Calendar, Looks to Other Changes

From Armani to Gucci, top fashion houses are slowing the rate at which they hold fashion shows and launch new lines of clothing.

The move comes as the coronavirus health crisis forces the fashion industry to re-think the way it operates.

High-end designers are reducing the number of collections they show at fashion weeks throughout the year in London, Paris, Milan, and New York City.

It has been more than two months since health officials around the world announced stay-at-home orders to limit the spread of the coronavirus. Since then, many stores have been closed, and fashion houses have suspended work at factories that manufacture their products. Bain & Company, a business advisory service, estimates the $310 billion luxury goods industry will report a drop in sales this year of up to 35 percent.

新闻来源：VOA

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