All Luxury articles – Page 48
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NewsRichemont makes bid for Net-a-Porter
Luxury etailer Net-a-Porter is reported to have received a bid from Swiss luxury group Richemont.
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NewsAirport retail sales soar on weak pound
Duty-free shopping and the weakened pound drove sales at London’s airports to their highest levels for a decade last year.
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NewsBurberry to restructure Spanish arm
Luxury heritage brand Burberry is to restructure its Spanish arm in a bid to bring the division in line with the global business.
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NewsMulberry raises outlook after strong trading
Luxury leather goods and clothing brand Mulberry has raised its full year outlook following a strong Christmas trading period.
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News
Sales rise at LVMH’s Selective Distribution
LVMH has reported a 4% year-on-year rise in sales at its Selective Distribution business, which includes Sephora and DFS, its luxury duty free arm, to €4.38bn (£3.9bn).Profit from recurring operations was flat at €388m (£349m). LVMH said: “Sephora had a good year with further growth in revenue and profit from ...
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NewsChurch’s opens at Westfield London
Luxury footwear brand Church’s has opened a shop in Westfield London, its 12th store in the UK.
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GalleryStore of the Week: Loewe, Valencia
Luxury accessories and ready-to-wear brand Loewe refurbished its shop in Valencia just before Christmas, creating a concept store.
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NewsMulberry’s UK retail arm helps drive performance
Mulberry unveiled a recession-defying performance as pre-tax profits soared 16% to £1.5m in the six months to September 30.
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NewsProfits drop as Jaeger momentum slows
Profits at womenswear chain Jaeger halved in to £1m the year to February 28.
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OpinionEBay: fashion friend or foe?
EBay’s fixed price business has overtaken the auction part of the business on which it built its foundations. But talk to the luxury sector and eBay is still a dirty word.
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NewsStrong UK retail sales lift Mulberry
Mulberry posted a 16% hike in sales in the first half of the year, boosted by a strong UK retail performance.
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OpinionFlannels CVA signals continued woes for the luxury market
The economic crisis has well and truly taken the shine off the luxury market with excessive spending off the agenda for many.
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NewseBay hit outs at French court fine over LVMH sales
Online auction site eBay has accused the French courts of “hurting consumers” and has dubbed a €1.7m fine “disproportionate” after losing a case against luxury goods group LVMH.
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NewsBlack Friday shoppers hunt for bargains
Sales on one of America’s busiest shopping days, Black Friday, were marginally ahead of 2008, but shoppers steered clear of higher priced items to hunt out bargains.
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NewsPPR looks to sell some retail businesses
French luxury and retail group PPR is reported to be considering the sale of part of its retail portfolio to raise cash to buy new brands.
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News
Burberry confident for Christmas as sales lift
Luxury retailer and brand Burberry is confident ahead of the crucial Christmas period.
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NewsRetail sales cheer Burberry ahead of Christmas
Luxury group Burberry is confident ahead of the crucial Christmas period as sales of outerwear and leather goods continued to boost retail sales.
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NewsNordstrom woos UK shoppers with web access
US luxury department store operator Nordstrom has opened up its website to UK shoppers.
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NewsLiberty sales ‘stronger than last year’
London department store Liberty has reported “strong” sales in July, driven by sales from womenswear and its own-label brand, Liberty of London.