All Luxury articles
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NewsOne-off lease disposal and surging sales behind jump in Mulberry profits
Mulberry has reported a jump in profits off the back of a one-off lease disposal and surging sales in the UK and Asia Pacific markets.
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News
Harrods delays summer Sale due to supply chain disruption
Harrods has delayed its famous summer Sale as its new season stock has yet to arrive.
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Gallery
Store gallery: Hugo Boss unveils digital-led London flagship
Hugo Boss has opened a new flagship store on London’s Oxford Street.
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Interview
Interview: Why Sach Kukadia’s jewellery venture is worth its weight in gold
In the depths of the first year of the pandemic, Secret Sales co-founder Sach Kukadia struck gold with a new business idea. He explains how 7879’s customers are encouraged to gamify the system, its sustainability focus and plans for future expansion.
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News
Burberry posts profit uplift but cautions on China recovery
Burberry has posted a rise in full-year profit but cautioned that its outlook for future trading is dependent on the rate of the recovery in its key Chinese market.
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Analysis
Analysis: What the Farfetch and Neiman Marcus partnership reveals about the future of luxury
Farfetch is to invest up to $200m (£153m) in Neiman Marcus as part of a wide-ranging partnership. What are the implications of this tie-up for the luxury sector as a whole?
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News
Farfetch invests up to $200m in Neiman Marcus in ‘pivotal point’ for US luxury market
Farfetch will snap up a minority stake in US department store chain Neiman Marcus as part of a strategic partnership between the two luxury retail firms.
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News
Farfetch records full-year sales surge and profit growth
Farfetch chief executive José Neves hailed the luxury fashion etailer’s “strong momentum” as the business delivered strong fourth-quarter and full-year sales growth.
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Opinion
‘Booming demand has spurred creation of more resale businesses’
The rising cost of living will power the growth of second-hand products and resale, maintains eBay UK general manager Murray Lambell.
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Analysis
From Crocs and KFC to Yeezy and Gap – seven of retail’s most surprising collaborations
This week, Primark and Greggs revealed they were teaming up for a limited-edition collaboration. Retail Week takes a look at some of the more memorable retail partnerships from around the world.
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News
Watches of Switzerland boss slams UK VAT rules and favours EU expansion
Watches of Switzerland chief executive Brian Duffy has called on the government to reverse the “mistake” of ending duty-free shopping benefits in the UK.
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Gallery
In pictures: The best store experiences in New York City
As the industry came together at NRF Retail’s Big Show in New York in January, Retail Week explores some of the best stores opened in the city from 2020 to 2021.
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Analysis
Analysis: NFTs, virtual fitting and the metaverse – the tech trends that will define retail in 2022
Which burgeoning technology will take centre stage in 2022 and what opportunities will it present for retailers? We put the question to a panel of tech experts.
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News
New Selfridges owners plan to add hotel and apartments to Oxford Street flagship
Selfridges’ new Thai and Austrian joint owners are planning a revamp of its Oxford Street flagship that would include an upmarket hotel and food hall.
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Analysis
What’s new for 2022? Tesco, Primark and Kingfisher bosses predict the year ahead
After almost two years of upheaval sparked by the coronavirus crisis, what comes next for retail? From climate change to customer service, purpose to personalisation, bosses of some of Britain’s biggest retailers predict the trends and themes that will dominate 2022.
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News
Selfridges sold to Thai-Austrian joint venture in £4bn deal
Luxury department store chain Selfridges has been sold by the Canadian Weston family to a joint venture between a Thai retailer and an Austrian property company for an estimated £4bn.
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Analysis
Who will be the retail winners and losers of 2022?
Which retailers will fly and flop in the year to come? We asked retail experts to share their tips for 2022.
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News
Watches of Switzerland ‘bullish’ about Christmas success after year of disappointment
Watches of Switzerland have recorded soaring sales across all markets in which it operates and is gearing up for a blockbuster Christmas.
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News
Harrods swings to a loss as pandemic and Brexit take heavy sales toll
Harrods has swung to a loss after store closures during the pandemic and the impact of Brexit slashed sales in half.
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Opinion
Move of the Week: What will luxury veteran Jonathan Akeroyd bring to Burberry?
Jonathan Akeroyd’s appointment as new Burberry chief executive should serve to ease some of the concerns surrounding the future of the fashion giant.
