All Luxury articles – Page 17
-
NewsMulberry to axe quarter of workforce amid coronavirus crisis
Mulberry plans to axe a quarter of its workforce across the globe as the coronavirus pandemic takes its toll on the business.
-
NewsSpanish giant snaps up Charlotte Tilbury makeup empire
Barcelona-based fashion and fragrance company Puig has snapped up Charlotte Tilbury in a deal that could have valued the company at up to £1bn.
-
AnalysisAnalysis: How fashion retailers can offload £15bn of old stock without huge Sales
With non-essential retail stores just weeks away from reopening their doors, many retailers now have to contend with the excess out-of-season stock that has piled up in both stores and warehouses.
-
NewsHarrods to launch outlet store at Westfield London
Harrods is to open an outlet store at Westfield London to help it shift excess seasonal stock that has gone unsold during the coronavirus crisis.
-
NewsWatches of Switzerland sales rise despite ‘significant’ coronavirus impact
Watches of Switzerland has posted an increase in full-year sales despite its top line being “significantly impacted” by the coronavirus crisis.
-
NewsCard Factory, Moss Bros and N Brown warn of coronavirus impact
A clutch of retailers including Card Factory, Moss Bros, Watches of Switzerland and N Brown has warned of the impact of coronavirus on sales and profits.
-
NewsBurberry store sales decimated by coronavirus
Burberry has suffered an eye-watering slump in sales after admitting the negative impact on demand sparked by coronavirus has “intensified” over the past month.
-
NewsHalf of shoppers to avoid goods shipped from China as coronavirus fears rise
Nearly half (48%) of shoppers have said they would avoid goods from sellers shipped directly from China if coronavirus continues to spread.
-
GalleryStore gallery: The rise of fashion rental at Liberty and Selfridges
Luxury fashion rental platforms Hurr and My Wardrobe HQ both unveiled pop-ups in two of the most famous department stores in London.
-
NewsBurberry warns coronavirus has had a ‘material’ impact on sales
Burberry has scrapped previous guidance for its full-year results as it warns that coronavirus has had a ‘material negative effect’ on sales in China.
-
NewsBrown Thomas to open new ‘physical and digital’ store in Dublin
Irish luxury retailer Brown Thomas is set to open a flagship store in Dundrum Town Centre, Dublin, which the retailer said will mix “physical and digital” space.
-
AnalysisAnalysis: What impact will coronavirus have on global fashion retail?
What began in early January as a pneumonia outbreak in the central Chinese city of Wuhan has since been declared a worldwide health emergency. Retail Week looks at what effect the outbreak will have on retail supply chains in the region and tourism.
-
NewsWatches of Switzerland appoints new UK director as veteran COO steps down
Watches of Switzerland’s chief operating officer has retired after more than 40 years at the luxury watch retailer and a new executive director has been appointed.
-
NewsAnalysis: How Watches of Switzerland is moving with the times
Following a stellar set of maiden interim results since floating in May this year, Watches of Switzerland boss tells Retail Week how the luxury brand continues to stand the test of time.
-
GalleryIn pictures: Watches of Switzerland expands London flagship
Watches of Switzerland has expanded its Regent Street store and opened a new Rolex boutique and redesigned showroom
-
NewsRent the Runway ties up with W Hotels in bid to banish the suitcase
Rent the Runway has partnered with W Hotels to allow shoppers to pay a flat fee to rent a selection of outfits upon arrival rather than bringing luggage.
-
NewsEdinburgh Woollen Mill’s profits rise in ‘turnaround’ period
The Edinburgh Woollen Mill group has posted an increase in profits as the fashion retailer continued to expand its luxury division.
-
NewsEx-Topshop exec Shepherdson named chair of fashion rental business
Jane Shepherdson has been named as the chair of fashion rental start-up My Wardrobe HQ, the newest in a growing group of UK-based fashion rental businesses.
-
NewsLouis Vuitton owner completes deal for jeweller Tiffany & Co
The world’s biggest luxury goods company LVMH is set to buy US-based jeweller Tiffany & Co in a deal worth in excess of $16bn (£12.5bn).
-
NewsMulberry opens immersive store at Victoria Leeds
Mulberry is opening a new immersive store in the Victoria shopping centre in Leeds.