All Luxury articles – Page 13
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NewsBurberry strengthens leadership with new executives
Giorgio Belloli and Delphine Sonder have been appointed to Burberry’s newly created roles of chief digital, customer and innovation officer and chief merchandising officer, respectively, with immediate effect.
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NewsHarrods’ H Beauty launches ‘first-of-its-kind’ cosmetics recycling scheme
H Beauty is set to launch a pilot cosmetic recycling scheme for products deemed “unrecyclable”.
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NewsFashion sector pays tribute to icon Vivienne Westwood
Tributes have poured in overnight from across the fashion sector following the death of the “undisputed queen of British fashion” Vivienne Westwood.
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GalleryStore gallery: Inside Flannels’ debut Dublin store
High-end fashion retailer Flannels has opened the doors to its first-ever store in Ireland.
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NewsWatches of Switzerland clocks up rise in profits as store expansion drives sales
Watches of Switzerland has registered a spike in profits as its investments in new showrooms and store refurbishments bore fruit.
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AnalysisAnalysis: How are retailers mitigating the downfall of the pound?
What does a weakened pound mean for UK retailers? Who is feeling the pinch most? And what can they do to mitigate the problem?
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NewsFenwick sells Bond Street store to fund return to profitable growth
Department store group Fenwick is to leave central London after selling its Bond Street branch to provide the fresh capital investment needed to restore profitable growth.
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AnalysisStrategy spotlight: Five ways Burberry has refined its strategy to unlock long-term growth
“Modern British luxury” was the headline of new Burberry CEO Jonathan Akeroyd’s strategy, which was revealed during the fashion brand’s interim results in November 2022. Targeting medium revenue growth to £4bn, our Retail Week Prospect analyst team examines Burberry’s plan to unlock this next phase of growth
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NewsMulberry swings to loss in face of increased costs
Global handbag and accessories retailer Mulberry has swung to a loss as it grapples with factors such as the end of government Covid-19 support and the cost-of-living crisis.
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Opinion‘The retail sector isn’t doomed, but 2023 will be a tough year’
While UK retail is facing historic pressures, the current environment is also throwing up opportunities for business. David Maddison from HSBC gives a banker’s view on the health of the sector
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Innovation of the WeekInnovation of the Week: eBay's luxury pop-up store in New York City
Welcome to the Retail Week Innovation of the Week, a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts
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NewsBurberry unveils new British brand focus as profits and sales grow
Burberry has said it will refocus its branding on its British heritage under chief creative officer Daniel Lee, as sales and adjusted profits grew in the first half of the year.
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GalleryIn pictures: Harrods, Fenwick, Selfridges and more unveil Christmas windows
Retailers have spared no expense in creating a line-up of some of the most opulent and light-laden festive window displays to ever grace UK high streets.
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InterviewInterview: Biscuiteers founder Harriet Hastings on Christmas, mail strikes and cheap imitations
Biscuiteers founder Harriet Hastings has baked herself a multi-million-pound high-end biscuit empire. She reflects on how she built her business and how it plans to deal with historic lows in consumer confidence and rampant inflation
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NewsHarrods swings back to black despite decline in Chinese tourists
Harrods has swung back into the black as the retailer’s top line closes in on pre-pandemic levels.
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NewsYoox Net-A-Porter turns to an interim CEO as Lefebvre departs
Luxury fashion retailer Yoox Net-A-Porter has named Alison Loehnis as its interim chief executive, after the departure of long-standing boss Geoffroy Lefebvre.
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Opinion‘Even wealthy consumers may reach a tipping point where prices are too high’
Careful management is needed or luxury retail – often insulated from the effects of downturns – may not emerge unscathed from the impending recession, warns Alvarez & Marsal’s Erin Brookes
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AnalysisBargains, brands and brunches: How outlet centres are fending off cost-of-living crunch
As consumers tighten their belts amid the cost-of-living crunch, Retail Week explores whether outlet centres can buck the trend and retain a large share of their wallets
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NewsFarfetch to buy stake in Yoox-Net-a-Porter from Richemont
Farfetch has snapped up a large stake in Yoox Net-a-Porter as owner Richemont right-sizes its assets
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NewsWatches of Switzerland sales surge as luxury demand ‘remains robust’
Watches of Switzerland has posted a spike in sales and unveiled plans for a new London flagship as demand for its luxury products “remains robust”.