Agencies are having to make further cuts as clients continue to cancel work and pull out of deals.
As measures to combat the coronavirus drag on, so do the effects on all corners of the fashion business with it.
Given the general falloff of business among fashion and red-carpet clients, Bodenham is closing his Spring office in L.A., opened less than two years ago, and has laid off the roughly six staffers in it. He is also reducing his staff of 20 in London, an office opened 11 years ago, but will continue to operate there on a smaller scale. Spring clients include brands like A.F. Vandevorst, Camilla, Alice + Olivia, Hussein Chalayan and Mark Fast, among about two dozen others.
He expects this will have an outsized effect on agencies and that many more in the coming weeks and months will reduce staff and even close offices altogether. To his mind, the increasingly likely scenario for business is that “it’s not actually going to get better until the whole of the West is vaccinated.”
A company spokeswoman denied outright rumors of the L.A. office closure, saying the team there is currently working from home as it’s looking to move offices. She said the L.A. team had “outgrown” the now former space in West Hollywood, which is being rented out.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Coronavirus slows Edelman's goal to become $1 billion PR agency - Business InsiderThe firm lost a key Samsung account but said it continues to invest in creative, research, experiential, and digital.
Read more »
Susanna Reid models her own scarf mask as she encourages others amid coronavirusSusanna Reid has fashioned her own mask from her scarf as she shared her experience with fans amid the coronavirus outbreak
Read more »
The Delivery Foods Americans Are Ordering More During LockdownGrubhub shared which takeout and delivery food items have become more popular amid the coronavirus pandemic.
Read more »
Football Players on How They're Feeling Ahead of the NFL's First-Ever Virtual DraftThe NFL is preparing to host its first-ever virtual draft amid the coronavirus pandemic
Read more »