All Luxury articles – Page 5
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NewsNext makes moves in luxury fashion market with launch of new Seasons website
Fashion giant Next is making moves in the luxury market with the launch of its new premium fashion platform Seasons in a bid to serve “overlooked” customers.
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NewsAsos and Hirestreet have teamed up to launch a subscription rental service in UK first
Exclusive: Rental marketplace Hirestreet has joined forces with fashion giant Asos to launch the largest retailer-rental subscription service in the UK.
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NewsFrasers pulls plug on Mulberry takeover bid over governance concerns
Frasers has announced that it does not intend to make a revised offer for taking over Mulberry, citing increasing governance issues and the “apparent lack of a commercial plan against a backdrop of increasing market headwinds”.
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GalleryLuxury fashion brand Represent opens first-ever store in hometown
Luxury menswear brand Represent is opening its first flagship UK store in its home city of Manchester after a period of large growth.
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NewsFrasers Group has backed a takeover of N Brown as it continues chasing Mulberry
Mike Ashley’s Frasers Group has backed the £191m takeover proposal for fashion giant N Brown and told shareholders it is continuing its bid to acquire luxury brand Mulberry.
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InterviewQ&A: H&M global kidswear MD on new premium Adorables brand and its partnership with Selfridges
As H&M unveils its new premium childrenswear label, which is launching in partnership with luxury department store Selfridges, global managing director of kidswear Ida Lindahl speaks to Retail Week about the inspiration behind the brand and how it fits into the group’s broader strategy.
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NewsMulberry's owner has rejected an increased bid from Frasers Group
The owner of luxury fashion brand Mulberry has rejected a revised bid from Frasers Group and said it has “no interest” in selling its shares to the retailer.
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GalleryLouis Vuitton has opened its first store and cafe at a UK airport
Luxury fashion brand Louis Vuitton has opened a new store and cafe at London’s Heathrow Airport.
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AnalysisMytheresa: Who is Yoox Net-a-Porter’s new German luxury owner?
This morning’s announcement that luxury fashion retailer Mytheresa is acquiring Yoox Net-a-Porter brings parent company Richemont’s turbulent chapter spent trying to offload it to a close. Retail Week takes a look at the German luxury brand that has been thriving while other players flounder, as well as what the deal means for both businesses moving forward.
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NewsMulberry has rejected a takeover bid from Mike Ashley’s Frasers Group
Mulberry has rejected the £83m takeover bid proposed yesterday by Mike Ashley’s Frasers Group.
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NewsFrasers Group has made a bid for struggling Mulberry to avoid ‘another Debenhams situation’
Frasers Group has made a surprise takeover bid for luxury handbag and accessories brand Mulberry in what it called an attempt to avoid “another Debenhams situation”.
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Innovation of the WeekSelfridges is embarking on a retail media partnership with Criteo
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our team.
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NewsHarrods is investigating the role of current staff in allegations of abuse against Al Fayed
Harrods is undergoing an internal review to determine whether any of its current staff was “directly or indirectly” involved in any of the sexual abuse allegations against former owner Mohamed Al Fayed.
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NewsLondon Designer Outlet had its ‘best summer on record’ as sales surpassed £10m
London Designer Outlet has reported its “best summer performance on record” with its strongest-ever sales outside of December occurring in August.
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GalleryL’Oréal Luxe unveils its ‘beauty playground’ pop-up in Westfield White City
L’Oréal Luxe has opened the doors to its “beauty playground” in Westfield White City featuring activations from brands including Lancôme, Armani, Valentino and YSL Beauty.
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NewsLandlord Hammerson has sold its Bicester Village stake for £1.5bn
Hammerson has completed the £1.5bn sale of its joint venture in Bicester Village to a newly created private equity firm.
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NewsWatches of Switzerland is on track for the full year thanks to UK market ‘stabilisation’
Watches of Switzerland has reported trading in line with expectations for the start of the financial year as the demand for luxury watches and jewellery in both the UK and US steadied.
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NewsHarrods has seen its highest ever turnover as sales surge
Luxury department store Harrods has recorded its highest-ever turnover, driven by tourists coming back to London post-pandemic.
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NewsKurt Geiger has posted ‘record’ sales and a rise in profit
Kurt Geiger has posted “record” profits and handbag sales despite weaker demand in the wider luxury market.
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NewsLuxury retailers are flocking to London’s West End to set up shop
Luxury retailers are opting to set up shop in Oxford Street and Bond Street in London’s West End, according to new data.