How can U.S. President Trump’s fight with Covid-19 affect the election? Why does the death of Japanese designer Kenzo Takada come at a bad time for the global fashion industry? Catch up on the latest concise views on the pandemic’s fallout:
Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.U.S. President Donald Trump, who is personally battling the coronavirus, is now trailing Democratic nominee Joe Biden by a full 10 percentage points, according to a Rreleased on Sunday. Adding insult to injury, almost two-thirds of Americans polled think he could have avoided contracting Covid-19 if he’d taken it more seriously.
This highlights arguably the president’s weakest point just a month before the vote: his handling of the pandemic. The fact that his own physician created confusion about the severity and timeline of Trump’s fight with the illness over the weekend won’t help. These numbers might be good news for investors if they suggest reduced chances for a contested election. If Biden has a significant lead over the president on election night, before all the mail-in ballots are counted, Trump will struggle to mount a legal challenge to the results. A chaotic week in October might presage a less raucous one in early November. Kenzo Takada has succumbed to Covid-19, aged 81.
Kenzo’s brand survives him but, like rivals, it faces a tricky future. The pandemic has disrupted international travel, a key source of revenue. Despite signs of resurgent demand in mainland China, fashion houses are also grappling with a second wave of virus cases in Europe. , which posted an annual loss on Monday, reported “alarmingly low levels of footfall” at its stores. If new restrictions kick in, brands will face a very tough winter. James Bond will not save the cinema industry. Cineworld on Monday lost more than half of its market value after it
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