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The impact of the COVID-19 pandemic on the fashion industry was primarily caused by the sudden and global store closures worldwide which strongly impacted the fashion industry. The complete absence of revenue from physical stores caused a deep drop of revenue for fashion retailers, a complete reconfiguration of the stocks for fashion brands ...
The COVID-19 pandemic has taken a sharp economic toll on the retail industry worldwide as many retailers and shopping centers were forced to shut down for months due to mandated stay-at-home orders. As a result of these closures, online retailers received a major boost in sales as customers looked for alternative ways to shop and the effects of ...
Fashion labels around the world are reopening their factories to make millions of face masks to fight the coronavirus-related shortage. Major brands like Louis Vuitton, Christian Siriano, and Zara ...
On 28 March, Fitch Ratings downgraded the UK's government debt rating from AA to AA−, because of coronavirus borrowing, economic decline, and lingering uncertainty over Brexit. The ratings agency believed the UK's government deficit for 2020 might equal 9% of gross domestic product (GDP), compared to 2% the previous year. [ 87 ]
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The World Health Organization voiced alarm at the spread in Africa on 20 July 2020, stating that South Africa's surging numbers could be a precursor for further outbreaks across the continent. [35] The number exceeded a million by 6 August, with five countries making up over 75% of the total confirmed cases: South Africa, Egypt, Morocco ...
As of 5 June 2020 the death rate across the UK from COVID-19 was 592 per million population. [11] The death rate varied greatly by age and healthiness. More than 90% of deaths were among the most vulnerable: those with underlying illnesses and the over-60s.
This article contains the number of cases of coronavirus disease 2019 reported by each country and territory to the World Health Organization in January 2020 and published in the latter's daily 'situation reports'. [1] For other months see COVID-19 pandemic cases. There is also a column there listing the date of the first case for each country.