Pyer Moss, Kering, Nike, Estée Lauder and L'Oréal USA have all announced new and updated commitments to providing support, as the state of New York experiences its hardest day of the Covid-19 outbreak.
Hundreds of thousands of cash-starved Indian small businesses have either deferred or cut their workers' wages this month, say industrialists and union leaders, amid a lockdown to stem the spread of coronavirus.
The foundation will allocate $750,000 to the Covid-19 Solidarity Response Fund for the World Health Organization (WHO), and $250,000 to The New York Community Trust’s NYC Covid-19 Response & Impact Fund.
Hundreds of U.S. lenders are struggling with the technology to distribute $349 billion of government aid, while the pot of money is insufficient and will soon be expended, a top banking group warned over the weekend.
French far-left union CGT on Monday called on workers in the retail, security services and logistics sectors to go on strike from Wednesday demanding safer working conditions during the coronavirus pandemic.
GfK only issued its regular monthly consumer confidence report last week, but on Monday it added that confidence has dived with a new reading of -34 by the end of last month. In March 2019, it was -13.
The campaign, ‘CaRe 20 – Caring for Retail during Covid-19’, will provide financial, emotional, physical and vocational support to shop workers facing financial distress as a result of the coronavirus shutdown.
Market research firm Kantar has carried out a survey of the expectations of 25,000 interviewees in 30 countries, to help consumer goods companies adjust their communication strategies in a coronavirus-hit world.
The U.S. House of Representatives on Friday approved a $2.2 trillion aid package - the largest in American history - to help people and businesses cope with the economic downturn inflicted by the coronavirus pandemic.