All Luxury articles – Page 16
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NewsFarfetch 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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NewsBurberry 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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InterviewInterview: 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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NewsLuxury 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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NewsBurberry 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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NewsOnline fashion retailer Mytheresa reveals IPO plans
Fashion etailer Mytheresa has unveiled plans for a Wall Street IPO.
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GalleryIn 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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NewsWatches 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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NewsYoox 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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NewsFarfetch losses spiral despite sales gains
Farfetch has suffered widening losses during its third quarter despite a spike in sales.
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NewsBurberry ‘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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OpinionMove 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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NewsFortnum & 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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NewsAlibaba set to invest in Farfetch
Chinese goliath Alibaba is in talks to invest $300m (£231m) in luxury fashion platform Farfetch.
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NewsLVMH 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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AnalysisAnalysis: 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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NewsWatches 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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NewsScrapping 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.
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VideoFarfetch rebrands with new global campaign
Luxury fashion marketplace and tech platform Farfetch has launched a rebrand that sees it highlight the global reach of its boutique brands.
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NewsMatchesfashion bolsters top team with new appointments
Matchesfashion has made two new additions to its leadership team in a bid to boost its online expertise.