All Luxury articles – Page 42
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News
Galeries Lafayette to revamp flagship store
Department store business Galeries Lafayette plans a E85m (£71.8m) investment at its flagship store on Boulevard Haussmann in Paris.The retailer intends to expand the space dedicated to luxury goods, leather products, jewellery and footwear. As part of the renovation, Louis Vuitton, Cartier and Chanel outlets will be located on two ...
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NewsBurberry half year sales surge
British luxury brand Burberry’s like-for-like retail sales jumped 12% over the last six months with the UK market helping drive growth.
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NewsFortnum boss Aspinall stands down
Fortnum & Mason boss Beverley Aspinall has stood down after seven years in the role.
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NewsOrlebar Brown to expand in central London
Luxury swimwear retailer Orlebar Brown will open a flagship store on Vigo Street in central London as part of plans to expand this year.
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News
PPR group trials new Fnac store concept
Luxury and retail group PPR is trialling a new Fnac store concept. While typical Fnac stores offer entertainment, electronics and media products – including audio-visual consumer electronics, CDs, DVDs, books and newspapers – the new concept is also stocking household appliances such as coffee makers and toasters as well as ...
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NewsCocosa hit by director departure
Cocosa, the fashion etailer backed by former Harrods owner Mohamed Al Fayed, has suffered another high-profile departure as its marketing director exits the business.
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News
Neiman Marcus to expand into China
US-based luxury department store operator Neiman Marcus will expand into China by the end of 2012. It will invest $28m (£17.6m) in local ecommerce company Glamour Sales Holding, supporting its existing flash sales sites and building a new online business. Glamour Sales Holding was founded in 2009 and operates Glamour-sales.com.cn ...
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NewsCocosa drafts in Harrods director as Milligan exits
Cocosa, the luxury etailer owned by Mohamed Al Fayed, has shaken up its management team.
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OpinionWill the Olympics inspire keepsakes worth keeping?
These days it’s possible to get hold of virtually anything from anywhere via the internet. However, there’s something special about visiting a place or enjoying a unique event and wanting to take home a reminder.
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GalleryIn pictures: Harrods unveils new look technology floor, developed with Dixons
Harrods has unveiled its new technology room on the Knightsbridge flagship’s third floor.
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AnalysisBurberry: A great British success
Stellar financial performances, outstanding product and international acclaim – winner of the Oracle Retailer of the Year, there is seemingly no stopping Burberry’s exceptional performance. Rebecca Thomson charts its phenomenal success.
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AnalysisMultichannel directors: Driving a retail revolution
The rise of multichannel signals a seismic shift in retailing, and the directors leading the change are ever more prominent.
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NewsHarvey Nichols launches luxury box at Man City
Harvey Nichols has launched a box at Manchester City’s football stadium selling products from the luxury department store.
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NewsHeathrow reports record retail sales
Heathrow Airport has reported a record retail sales of £1.7bn.
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OpinionThe best retailers are thriving in tough times
George MacDonald has written for Retail Week for more than 10 years, covering various sectors. He is a frequent TV and radio commentator on retail trends and issues.
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NewsSelfridges hires new marketing boss
High end department store Selfridges has hired Richard Taylor as marketing director.
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AnalysisA safe passage to India
India is one of retail’s most attractive developing markets, but it’s also one of the most difficult to enter. Liz Morrell reports on how the doors are beginning to open.
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NewsHarvey Nichols to post record profits
Luxury department store Harvey Nichols expects record profits this year of more than £18m.
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AnalysisLondon 2012: will retailers benefit?
You don’t need a ticket to gain extra sales from this year’s Olympic Games but, as Mark Faithfull reports, not all retailers stand to benefit from the events taking place in the UK this summer.
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News
PPR reports net sales increase
PPR’s net sales rose 11% to e12.2bn (£10.6bn) in 2011 while net income soared 40% to e999m (£866m), driven by its luxury brands brands including Gucci, Yves Saint Laurent, Bottega Veneta and Puma.PPR said it is now ready to divest non-core operations Redcats and Fnac and has 10 investment banks ...