All Luxury articles – Page 15
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AnalysisTourism to localism – how retailers in prime cities are shifting strategies
Following the lifting of Covid-19 restrictions, “freedom” may have arrived in the UK – but tourists have not. Indeed, it could take years for the volume of visitors, particularly those from Asia, to return to pre-pandemic levels. So how can prime cities like London adapt and innovate to win more spend from domestic consumers?
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AnalysisMichael Murray: The man Mike Ashley is entrusting with the future of Frasers
Who is the man Sports Direct founder Mike Ashley has appointed as his successor and can he turn around the retailer’s fortunes?
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NewsBurberry posts ‘strong’ first quarter sales uplift against pre-pandemic levels
Burberry has reported an “excellent start” to its new financial year as full-price sales growth accelerated against its pre-pandemic performance.
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NewsWatches of Switzerland unveils five-year plan as ‘strong momentum’ continues
Watches of Switzerland has created a new strategic plan to keep momentum going as its profits and sales soared during the pandemic.
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AnalysisAnalysis: Is Burberry’s golden era over with Marco Gobbetti’s exit?
As Burberry boss Marco Gobbetti exits, Retail Week takes a look at the tenure of the man brought in to save Britain’s iconic luxury brand.
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NewsSelfridges bid approach brings price tag in excess of £4bn
Selfridges, one of the world’s most famous department stores, may be sold for £4bn or more.
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AnalysisAnalysis: Lush and Watches of Switzerland on nailing international expansion
‘Non-essential’ UK retailers have had a bruising year and many of those that have proved most resilient have relied on international markets to bolster growth in 2020. Should more businesses look to do the same in 2021 and beyond?
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NewsWatches of Switzerland eyes new store openings after ‘strong finish’ to year
Watches of Switzerland has recorded strong sales across both the UK and the US, with momentum continuing into the new financial year.
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NewsFarfetch revenues soar after ‘tremendous start to 2021’
Farfetch reported strong growth in both revenues and gross merchandise values in what the luxury specialist’s boss called a “tremendous start to 2021”.
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NewsBurberry hails ‘strong’ full-year results despite sales and profits fall
Burberry has recorded a decline in its full-year sales and profits, but boss Marco Gobbetti hailed the luxury retailer’s resilience as full-price sales drove momentum.
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GalleryStore gallery: Harrods opens Chocolate Hall as Knightsbridge revamp continues
Harrods has opened a new Chocolate Hall as it concludes the restoration of its iconic food halls.
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AnalysisAnalysis: Five ways that W Galen Weston changed retail
Retail Week looks at how the entrepreneur and philanthropist built a transatlantic empire and changed the face of the industry.
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NewsMatchesfashion chief executive Ajay Kavan exits
Matchesfashion boss and former Amazon executive Ajay Kavan has exited the business with immediate effect after a year in the role.
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NewsFarfetch records first profit after 12 years
Farfetch has achieved its first-ever positive EBITDA despite a tough year for fashion retailers.
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NewsBurberry becomes first non-essential retailer to return business rates relief
Luxury fashion giant Burberry is to voluntarily hand back savings made through business rates relief during the Covid-19 pandemic.
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InterviewInterview: Beauty Pie founder Marcia Kilgore – the retail rebel
Serial entrepreneur Marcia Kilgore tells Retail Week about the conversation that triggered her retail rebellion, driving growth in a pandemic and the Weston family advice that inspired her to start Beauty Pie.
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NewsLuxury conglomerate LVMH records year of two halves
LVMH reported an overall decline in revenues for 2020 but the final quarter showed signs of promise for the coming year.
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NewsBurberry hails ‘good progress’ as online sales surge over Christmas
Burberry has posted a spike in online sales during the golden quarter as it hailed “good progress” on its transformation strategy.
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NewsOnline fashion retailer Mytheresa reveals IPO plans
Fashion etailer Mytheresa has unveiled plans for a Wall Street IPO.
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GalleryIn pictures: The best Christmas window displays around the world
From Thailand to France to Venezuela, Retail Week takes a look at the festive windows of department stores from around the globe.