All Luxury articles – Page 46
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NewsNo downturn for Burberry as sales soar in final quarter
Luxury British retailer and brand Burberry expects earnings to come in at the top end of expectations after a strong final quarter.
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NewsBurberry expects profits at top end of expectations after strong Q4
Burberry expects its adjusted pre-tax profit to be at the top end of market expectations as the retailer reported a 33% surge in sales for the fourth quarter to March 31.
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NewsBurberry plots expansion in Saudi Arabia
Luxury British heritage brand Burberry is to enter Saudi Arabia as part of a joint venture with retail group Fawaz Abdulaziz Alhokair.
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NewsLuxury retailers' stocks tumble as quake takes toll
Luxury retailers’ stocks have tumbled in the wake of the Japanese earthquake and tsunami with brands including Burberry hit hard.
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NewsMulberry profits to "exceed expectations"
Upmarket handbag brand Mulberry has announced that sales and profits for the year to 31 March are going to “exceed market expectations”
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AnalysisMulberry’s 40-year journey to the top
Mulberry’s luxury goods are in big demand and its shares are worth six times what they were a year ago. Rebecca Thomson finds out why
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NewsJimmy Choo kick-starts sale process
Luxury label Jimmy Choo has issued an information memoranda this morning to more that 10 bidders for a potential £500 million sale of the business.
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NewsMulberry warns business tax is putting off UK retail investment
Luxury retailer Mulberry has warned that it is being put off building another factory in the UK because of the UK’s prohibitive tax structure.
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Opinion
Content with luxury
Two examples from the past couple of weeks show how luxury retailers are maximising their use of content across multiple channels.
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NewsHarrods rolls out UnionPay to pull in Chinese shoppers
Harrods, the iconic department store, is from today accepting domestic Chinese debit and credit card UnionPay in a signal of the growing importance of Chinese shoppers’ spending power to the luxury retail sector.
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NewsMulberry celebrates rocketing festive sales
Sales at luxury brand and retailer Mulberry soared over the festive period, showing consumer appetite for ‘It Bags’ is yet to be sated.
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NewsMulberry Christmas like-for-likes surge 70%
Luxury goods specialist Mulberry will beat profit expectations after a storming Christmas.
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NewsBurberry third quarter sales up 27%
Burberry reported a 27% hike in revenue to £470m in the three months to December 31 with double digit growth across both their wholesale and retail sectors.
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NewsAsprey appoints new managing director
Luxury goods retailer Asprey has appointed former Smythson chief executive Paddy Byng as managing director.
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NewsHarvey Nichols reports record Sale
Harvey Nichols, the luxury department store business, said that its post-Christmas Sale had broken records despite tube strikes in the capital, reduced trading hours on Boxing Day and problems with transportation due to the snow.
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NewsFull-price purchases help Mulberry profits rocket
Luxury retailer Mulberry’s profits soared in its first half, when a higher proportion of sales were made at full retail price during the spring season and there was less reduced stock in the Sale.
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NewsPPR scotches Burberry takeover talk
French luxury goods group PPR, the business behind brands including Gucci, Stella McCartney and Alexander McQueen, has quashed speculation that it intends to acquire British luxury retailer and brand Burberry.
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NewsMulberry interim profits soar
Luxury brand and retailer Mulberry has posted a 207% surge in first-half pre-tax profits to £4.7m on sales up 38% and full year earnings are expected to beat market expectations.
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NewsNet-a-Porter snaps up Koodos.com
Luxury etailer Net-a-Porter has acquired the assets of discount fashion etailer Koodos.com which has been put in to administration.