All Luxury articles – Page 48
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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.
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NewsMulberry’s figures ‘exceeded expectations’
Luxury retailer Mulberry has said sales were stronger than expected in the 10 weeks to October 2, with like-for-like sales in its full price stores up 79%.
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NewsEBay’s fine in LVMH court case reduced
EBay has had its fine over LVMH fakes sold on its site slashed by a French court of appeal.
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NewsH&M confirms Lanvin collaboration
H&M has confirmed its latest designer collaboration with French luxury fashion house Lanvin.
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NewsH&M reported to be collaborating with French luxury designer Lanvin
H&M is understood to be launching its latest designer collaboration with luxury French fashion house Lanvin.
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NewsChanel pays record fee for Bond Street store
Luxury brand Chanel has paid a record sum to secure Bond Street premises for a UK flagship store.
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NewsBurberry buys out Chinese franchisee
Luxury retailer and brand Burberry has agreed to buy 50 stores in China from its franchisee in a deal worth £70m.
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NewsLuxury goods retailer Smythson returns to profit
Upmarket stationer and luxury goods specialist Smythson returned to profit last year.
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NewsAll resolutions passed at Burberry AGM
Burberry shareholders voted in favour of all resolutions proposed at the luxury retailer and brand’s annual general meeting today, including directors’ remuneration.
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NewsSurge in Indian shoppers buying luxury goods
The amount spent on luxury goods by Indian shoppers visiting the UK has grown 89% year-on-year.
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NewsBurberry sales up 24% in first quarter
Burberry reported a 24% hike in sales to £291m for the three months to June 30 with a strong performance across both retail and wholesale.
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LVMH to acquire 70% of Brazil’s Sack’s
France-based luxury and specialty retail group LVMH is to acquire a 70% stake in Sack’s, a leading online retailer of fragrances, cosmetics and toiletries in Brazil.The operation will form part of the group’s beauty store operation, Sephora, and the acquisition will mark Sephora’s entry into the Brazilian market.Sephora is expected ...
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NewsLuxury retailers join forces to promote London overseas
Luxury retailers including Burberry and Louis Vuitton will join forces tonight to launch a campaign to attract wealthy overseas shoppers to London.