
Coronavirus forces Chinese brands and buyers to miss Fashion Weeks Chinese fashion houses' shows are canceled and FW focus on streaming and social media
The number of victims is rising and the quarantine measures are becoming more and more strict all over the world beginning to have an impact in the fashion industry too. With major airlines canceling flights to and from China due to the Coronavirus, the country's fashion community risks to be completely excluded from the next fashion weeks. Just a few hours ago Masha Ma, Shiatzy Chen, Uma Wang, Jarel Zhang, Calvin Luo and Maison Mai canceled their fashion shows during Paris Fashion Week. According to a press release by La Fédération de la Haute Couture et de la Mode, the event, which will take place from February 24 to March 3, will have run without these six brands:
The Fédération de la Haute Couture et de la Mode will make available all its communications platforms to allow these brands to share the work they had planned to present both in France and overseas.
Never before as in this moment of quarantine, technology and social media become the essential tools to try to limit financial consequences that, according to the estimates of the Camera della moda, would result in "a contraction in turnover in the fashion industry between -1.5% and 2.5% compared to the first half of 2019 caused by a contraction in exports between -0.5% and -1%". As regards the European and American markets at least. Asia, on the other hand, seems more and more isolated, with luxury brands closing their stores and the Shanghai fashion week scheduled from March 26th to April 2nd and the Chinese fashion week in Beijing scheduled from the 25th to the 31st of the same month, postponed to future dates.