For the fashion industry, the fallout from the coronavirus may be just beginning

“We’re all seeing what happens when you place all your eggs in one basket.” It was an eery sight: On Monday, Giorgio Armani held its Milan Fashion Week show in a vacant theater, and at the end, Mr. Armani himself took a bow in front of rows of empty seats. The night before the show, it had become clear that coronavirus had hit Italy hard, with hundreds of new cases confirmed. As a result, the fashion house thought it would be safer to proceed without an audience, but to livestream the show instead. The models strutted around the cavernous room dressed in festive pink and teal Armani Privé gowns, even though the mood was anything but celebratory. Read Full Story
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