All Luxury articles – Page 38
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NewsBurberry finance director Stacey Cartwright quits after nine years
Burberry finance director Stacey Cartwright is to leave the luxury fashion retailer after nine years and takes a £4m share pay out with her.
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News
Revenue increase for LVMH’s Selective Retailing division
Revenue at LVMH’s Selective Retailing division, which includes beauty specialist Sephora, rose 22%, or 14% on a comparable basis, to e7.9bn (£6.8bn) in 2012. Profit from recurring operations increased 19% to e854m (£735.9m).The group said it continued to achieve “an excellent level of performance” and made market share gains across ...
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NewsCompany profile - Etailer, Net-a-Porter
Having led the way in online innovation, Net-a-Porter continues its global expansion. Founded by Natalie Massenet 13 years ago, it helped revolutionise the way women shopped.
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AnalysisAnalysis: Challenges faced by UK retailers in the Chinese market
China remains high on retailers’ expansion agendas but few have cracked the country. Caroline Parry finds out
what strategies are likely to lead to Chinese success. -
AnalysisAnalysis: What can the City expect from the updates this week?
After the numerous, and sometimes headline-grabbing Christmas updates last week, this week looks set to be just as busy, with retailers including Argos, Dixons and Primark revealing their performances over the golden quarter.
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GalleryStore of the week: ST Dupont, Seoul, South Korea
ST Dupont is a Parisian luxury accessories retailer and you could be forgiven for not having heard of it, as it has managed to maintain a resolutely low profile this side of the Channel.
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News
Redcats begins sale negotiations for children and family division
Luxury retailer PPR’s Redcats division is thought to have begun exclusive negotiations with investment fund Alpha about the sale of its children and family division, which includes the Vertbaudet and Cyrillus brands.The division was put up for sale in October. In 2011, Vertbaudet generated sales of E252m (£204.9m), while Cyrillus ...
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AnalysisGap's acquisition of luxury retailer Intermix: What do retailers need to know?
As Gap snaps up designer US chain Intermix, Retail Week looks at why it has moved into the luxury sector.
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NewsChinese visa changes set to add £1.2bn to UK economy
The UK China Visa Alliance (UKCVA), which is spearheaded by firms including New West End Company, London First and Walpole British Luxury, believes the move to streamline Chinese Visa policy could provide a £1.2bn boost to the UK economy.
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NewsAnalysis: Store revamps and transactional website help Fenwick regain momentum
Family owned retailer Fenwick may be one of the most low-profile department store groups in the UK, but it is one of the most profitable.
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NewsMulberry sales gather pace despite profit fall
Mulberry has recorded a strong start to the second half of the year with like-for-likes up 11% despite a fall in first half profit.
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NewsSarah Brown takes non-executive role at Harrods
Sarah Brown, the wife of former Prime Minister Gordon Brown, has been appointed as a non-executive director of Harrods, it has emerged.
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NewsAl Fayed owned Cocosa eyes overseas growth as it relaunches site
Cocosa, the discount designer etailer owned by Mohamed Al Fayed, is eyeing international growth as it relaunches its website to give it a more luxurious feel.
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NewsBurberry adjusted profits up 6%
Burberry adjusted profits jumped 6% to £173m in the six months to September against a 8% sales advance to £883m.
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NewsSelfridges sales in Britain break through £1bn barrier
Upmarket department store Selfridges broke through the £1bn sales barrier in Britain for the first time last year.
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NewsHarvey Nichols unveils racy ad campaign
Upscale department store group Harvey Nichols has unveiled a racy ad campaign to support the opening of its first standalone Beauty Bazaar store at Liverpool One.
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NewsMulberry issues profit warning as wholesale revenues slip
Mulberry has issued a profit warning after a slowdown in wholesale revenues.
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AnalysisAnalysis: Retailers spread the word with in-store magazines
Despite the proliferation of online content, the in-store magazine has grown in stature and sophistication, providing customer reach and engagement.
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NewsHarrods unveils new distribution centre as it prepares for growth
Harrods has unveiled its new distribution centre as part of its growth strategy.
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NewsBurberry group sales up despite slowdown in UK
Luxury fashion retailer Burberry experienced a total underlying sales rise of 8% to £883m in its first half to September 30 despite a slowdown in the UK and China.