Global fashion industry facing a ‘nightmare’

Global fashion industry facing a ‘nightmare’

Image copyright BFC / Getty Images Image caption Chinese buyers have been missing at London Fashion Week 2020

Luxury goods makers are anticipating significant losses due to the coronavirus outbreak, while High Street retailers could see new collections delayed by months.

The global fashion industry is worth £2tn ($1.5tn) and it brings the UK more than £30bn a year in revenues.

According to…

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