All Luxury articles
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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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News
Farfetch 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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News
Burberry 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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Interview
Interview: 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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News
Luxury 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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News
Burberry 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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News
Online fashion retailer Mytheresa reveals IPO plans
Fashion etailer Mytheresa has unveiled plans for a Wall Street IPO.
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Gallery
In 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.
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News
Watches of Switzerland profits rise as online sales surge
Watches of Switzerland has clocked up an increase in half-year profits following a surge in online sales during the coronavirus pandemic.
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News
Yoox Net-a-Porter names new chief executive
Luxury fashion etailer Yoox Net-a-Porter has said Geoffroy Lefebvre will take over in January as its new chief executive.
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News
Farfetch losses spiral despite sales gains
Farfetch has suffered widening losses during its third quarter despite a spike in sales.
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Opinion
Move of the Week: Sainsbury’s leadership team to offer acceleration and focus
Sainsbury’s boss Simon Roberts has wasted little time stamping his mark on the business since he took over the reins from Mike Coupe in June.
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News
Burberry ‘encouraged’ by recovery despite sales slide
Burberry has recorded a sharp drop in profits and sales amid the pandemic, but has seen shoots of recovery in certain regions.
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Opinion
Move of the Week: Tom Athron is a great match for Fortnum & Mason
It’s no great surprise to see Tom Athron assume his first chief executive position at Fortnum Mason. If anything, the surprise is that it hasn’t happened sooner.
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News
Fortnum & Mason poaches new chief executive from Matchesfashion
Fortnum Mason has appointed Matchesfashion’s executive Tom Athron as its new chief executive, replacing Ewan Venters.
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News
Alibaba set to invest in Farfetch
Chinese goliath Alibaba is in talks to invest $300m (£231m) in luxury fashion platform Farfetch.
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News
LVMH agrees to Tiffany takeover after lengthy feud
LVMH has penned a deal to buy Tiffany Co for a lower price after a long dispute between the two luxury firms.
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Analysis
Analysis: What could the end of duty-free mean for retail?
Duty-free shopping will come to an end as part of the government’s Brexit plans, which has unwelcome implications for the retail industry.
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News
Watches of Switzerland increases profit guidance as sales surge
Watches of Switzerland has increased its full-year profit guidance following “stronger than expected” sales performance during its second quarter.
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News
Scrapping tax-free shopping for tourists will hit luxury sector
Chancellor Rishi Sunak has announced that the tax-free shopping scheme for non-EU tourists will come to and end on December 31.
