COVID Alert: Know All About It's Hit On The Fashion & Beauty Industry
The COVID-19 pandemic has severely impacted the fashion industry worth $2.5 trillion, which has further led people to a standstill along with millions of jobs put at stake. The deadly impact of COVID has decimated the fashion world , leaving the fashion market vulnerable or rudderless across the board. The planning and strategies for 2020 collections have gone in vain, an entire spring-summer collection is dead. The fashion leaders tried best to control the fall-out from what is being described in some quarters as "the ultimate Black Swan event." There is no single sector of fashion or beauty that has not been impacted by this outbreak, from the fashion media to factory workers everyone is at an equally miserable position right now. The pandemic has caused 2,05,686 deaths and 29,66,488 positive cases, although in terms of the market the ultimate severity of the pandemic remains unknown, it's quite clear that the fashion world is just at the beginning of its struggle