Covid impact on fashion industry: YOOX's Federico Marchetti decodes #HTLS2020

Video Credit: HT Digital Content
Published on December 4, 2020 - Duration: 29:31s

Covid impact on fashion industry: YOOX's Federico Marchetti decodes #HTLS2020

One of the biggest casualties of the Covid-19 pandemic and the consequent lockdown has been the fashion industry.

The closure of physical stores is being seen as the new normal in the post-pandemic world.

However, Federico Marchetti, chairman and CEO of the YOOX Net-a-Porter Group, believes that the future will involve better integration of both online and offline stores to provide a better experience to customers.

He also spoke on the importance of sustainability in the luxury fashion industry.

Watch his full conversation with CNBC TV-18's Shereen Bhan at the 18th edition of the Hindustan Times Leadership Summit.


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