All Luxury articles – Page 2
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NewsSelfridges narrows losses despite sales dip
Selfridges has more than halved its losses, despite posting a small dip in revenues as it focused on higher margin sales.
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NewsCotswolds Designer Outlet sales ‘exceed expectations’ following summer launch
Cotswolds Designer Outlet, which has been open for 10 weeks, has seen sales exceed expectations since its launch, Retail Week can reveal.
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InterviewMessina Hembry CEO Zac Hembry: ‘There’s a lot broken behind the scenes of the fashion industry’
One-half of the entrepreneurial Hembry brothers Zac talks to Retail Week about how he built a vintage resale university side hustle into a £10m business, and what more needs to be done to fix fashion’s sustainability crisis
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NewsWatches of Switzerland defies Trump tariffs with strong US trading
Watches of Switzerland has reported strong trading in the United States, despite the Trump administration’s levelling of increased tariffs on Swiss imports.
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InterviewMeet the accountant and the former fast-fashion buyer who founded a luxury womenswear brand
A year ago, Victora Price was leading Alvarez & Marsal’s private capital team, while Ashley McPherson had just taken a new product lead job at The Couture Club. Now the two are about to embark on the ambitious launch of a new luxury womenswear retailer, Emello.
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NewsCastore agrees deal for luxury menswear retailer Belstaff
Sportswear giant Castore has acquired premium British menswear brand Belstaff from Jim Ratcliffe-owned parent company Ineos in a cash-free, debt-free deal, Retail Week can reveal.
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AnalysisIs leisure and hospitality the new frontier for retail?
From Frasers’ stake in We Do Play, to Lush eyeing the launch of a hotel, the church and state divisions of retail, leisure and hospitality are becoming increasingly blurred. Retail Week analyses which retailers are making moves in this space, and what the opportunities and potential pitfalls are
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NewsFrasers Group mulls bid for Manchester Arndale centre
Frasers Group is weighing up a bid to take a 50% stake in Manchester’s iconic Arndale centre shopping centre, Retail Week understands.
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InterviewQ&A: Sunspel chief executive on bucking the downwards trend in luxury
From dressing the Rolling Stones to James Bond and Brad Pitt, British luxury brand Sunspel has been the outfitter of choice for the rich, cool and famous for over 160 years. Chief executive Raul Verdicchi speaks to Retail Week about outperforming the market, opening new stores and dealing with Trump’s tariffs.
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NewsChanel and Pandora latest retailers to be hit by cyber attacks
Luxury brand Chanel and jewellery retailer Pandora are the latest businesses to report that customer data has been stolen in cyberattacks.
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NewsGucci sales drop as luxury retail slump continues
Gucci sales dropped by 25% year on year in the second quarter as a challenging period for the world’s high-end retailers continues.
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Opinion‘Fashion sales are in structural decline and that has big implications for retailers’
Fashion volumes have been on a downward trend for some years, observes Alvarez & Marsal’s Erin Brookes, who offers suggestions on how retailers should respond
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GalleryFirst look: The Perfume Shop’s debut luxury boutique store
The Perfume Shop has opened its first boutique concept store, focusing on a premium perfume experience
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NewsBurberry sees ‘uptick in brand desirability’ but says turnaround is still in early stages
Burberry has seen sales improve and reports more people are coveting the brand, but says it’s still in the early stages of its transformation.
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NewsFrasers CFO: Business rates hike could scupper future store opening plans
Frasers are still “working hard to mitigate the £50m-plus” of extra costs from last year’s Budget, but its CFO is expecting more pain to come in the autumn.
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NewsLouis Vuitton becomes latest retailer hit by cyber attack
Luxury retailer Louis Vuitton has revealed it has been targeted by a cyber attack.
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NewsMulberry raises £20m from major shareholders as sales and profits fall
Luxury fashion brand Mulberry has raised £20m from its largest shareholders amid ongoing transformation strategy after full-year sales and profits tumbled.
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InterviewInterview: Rituals managing director on carving out a unique space in the industry
As Rituals celebrates 25 years as a business, managing director for the UK and Ireland Annemarie Forsyth sits down with Retail Week in her first interview to discuss how the retailer has become a force to be reckoned with in the premium beauty space.
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Retail VoiceWhy cruise retail is redefining customer experience culture
While high street retail fights for fleeting moments of consumer attention, one high-growth, high profit channel that bucks this reality can still be conspicuously absent from strategy conversations: cruise retail. Harding+’s Katie Floyd takes a deeper dive
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NewsWatches of Switzerland surpasses $1bn in US sales
Its fast-growing US business has helped drive record revenues at the British hard luxury retailer.