All Luxury articles – Page 17
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NewsBurberry partners with Twitch to livestream fashion show
Burberry has partnered with streaming service Twitch to livestream its spring/summer 2021 fashion show.
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NewsTiffany sues LVMH after it pulls out of $16bn takeover
The world’s largest luxury group LVMH is being sued by Tiffany after it said it was pulling out of its agreed $16.6bn takeover of the jeweller.
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GalleryStore gallery: Burberry and Tencent unveil social media-powered concept store
Burberry and Chinese technology giant Tencent have collaborated on a new concept store in China, which has been dubbed a ‘social retail’ experience.
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NewsYoox Net-a-Porter and Armani launch new partnership
Luxury fashion etailer Yoox Net-a-Porter has tied up with Armani on a new initiative to innovate the designer’s distribution network.
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AnalysisDispatch: How Saudi Arabia’s VAT rise sparked a retail sales boom
As coronavirus takes its toll on economies and businesses across the globe, Retail Week brings you regular dispatches from international retailers and experts, who provide their insights into how they are coping with the pandemic.
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NewsBurberry to cut hundreds of jobs due to pandemic’s ‘severe impact’ on sales
Luxury goods retailer Burberry has announced plans to cut hundreds of jobs as it attempts to recover from the effects of the coronavirus on its sales.
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GalleryIn pictures: Harrods’ new concept Outlet store at Westfield London
To help clear excess stock that could not be sold due to the coronavirus pandemic, Harrods has launched its first outlet store in Westfield London.
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NewsMulberry to axe quarter of workforce amid coronavirus crisis
Mulberry plans to axe a quarter of its workforce across the globe as the coronavirus pandemic takes its toll on the business.
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NewsSpanish giant snaps up Charlotte Tilbury makeup empire
Barcelona-based fashion and fragrance company Puig has snapped up Charlotte Tilbury in a deal that could have valued the company at up to £1bn.
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AnalysisAnalysis: How fashion retailers can offload £15bn of old stock without huge Sales
With non-essential retail stores just weeks away from reopening their doors, many retailers now have to contend with the excess out-of-season stock that has piled up in both stores and warehouses.
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NewsHarrods to launch outlet store at Westfield London
Harrods is to open an outlet store at Westfield London to help it shift excess seasonal stock that has gone unsold during the coronavirus crisis.
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NewsWatches of Switzerland sales rise despite ‘significant’ coronavirus impact
Watches of Switzerland has posted an increase in full-year sales despite its top line being “significantly impacted” by the coronavirus crisis.
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NewsCard Factory, Moss Bros and N Brown warn of coronavirus impact
A clutch of retailers including Card Factory, Moss Bros, Watches of Switzerland and N Brown has warned of the impact of coronavirus on sales and profits.
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NewsBurberry store sales decimated by coronavirus
Burberry has suffered an eye-watering slump in sales after admitting the negative impact on demand sparked by coronavirus has “intensified” over the past month.
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NewsHalf of shoppers to avoid goods shipped from China as coronavirus fears rise
Nearly half (48%) of shoppers have said they would avoid goods from sellers shipped directly from China if coronavirus continues to spread.
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GalleryStore gallery: The rise of fashion rental at Liberty and Selfridges
Luxury fashion rental platforms Hurr and My Wardrobe HQ both unveiled pop-ups in two of the most famous department stores in London.
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NewsBurberry warns coronavirus has had a ‘material’ impact on sales
Burberry has scrapped previous guidance for its full-year results as it warns that coronavirus has had a ‘material negative effect’ on sales in China.
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NewsBrown Thomas to open new ‘physical and digital’ store in Dublin
Irish luxury retailer Brown Thomas is set to open a flagship store in Dundrum Town Centre, Dublin, which the retailer said will mix “physical and digital” space.
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AnalysisAnalysis: What impact will coronavirus have on global fashion retail?
What began in early January as a pneumonia outbreak in the central Chinese city of Wuhan has since been declared a worldwide health emergency. Retail Week looks at what effect the outbreak will have on retail supply chains in the region and tourism.
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NewsWatches of Switzerland appoints new UK director as veteran COO steps down
Watches of Switzerland’s chief operating officer has retired after more than 40 years at the luxury watch retailer and a new executive director has been appointed.