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The focus on Black-owned businesses, particularly in industries where there are historically underrepresented, was big. We sold out pretty much all of our remaining stock and gained a few hundred new followers on Instagram, says Jide Onwuazor, who founded Velviere, a menswear luxury fashion apparel. He isn t alone in wanting to transform an industry within which Black people have been historically underrepresented and which has been shaken by coronavirus. Onwuazor s company was beginning to produce its spring and summer range when lockdown hit. The pandemic s impact on luxury fashion was huge. Kering, the French luxury goods company responsible for brands such as Gucci, Bottega Veneta, and Balenciaga, suffered a 15.4% drop in profits in the first three months of 2020. ....
Second Black Pound Day set to take place on Saturday The monthly initiative which encourages shoppers to support Black-owned businesses in the UK will happen again on Saturday 1 August by Scarlett Cook Updated: Jan 29, 2021 Published: Jul 30, 2020 The second Black Pound Day is organised for Saturday 1 August. On this day, people are encouraged to show their support through buying their regular purchases from local and online Black-owned businesses in the UK. What is Black Pound Day? The first Black Pound Day occurred on 27 June. It was created by Swiss, a member of So Solid Crew, as a response to George Floyd’s death and the Black Lives Matter protests. ....