All Luxury articles – Page 50
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NewsLuxury department stores fend off recession with sales gains
Department store operators Harrods, Harvey Nichols and Fenwick have reported resilient trading over the past year, despite the bleak retail landscape.
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OpinionWhat is Harrods’ secret?
Harrods has delivered a strong set of results in a difficult climate. What is its secret?
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NewsHarrods has record year
Iconic department store Harrods has reported a record year after a strong performance from its international brands and womenswear.
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OpinionTaking Liberty
London department store Liberty announced this week that it has appointed advisers to review its options, which could include a push overseas and expansion in the UK, but is this taking Liberty too far?
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NewsLiberty considers international push
Iconic London department store Liberty has confirmed it has begun a strategic review of the business to explore ways of developing the brand internationally.
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NewsHarrods boss lambasts ‘idiocy’ of VAT rise during January Sales
Harrods managing director Michael Ward has said only a “congenital idiot” would put up VAT on December 31 following Chancellor Alistair Darling’s refusal to back down and delay the planned increase.
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NewsSelfridges opts for pantomime-themed festive collection
The iconic department store chain is going slapstick this Christmas with a pantomime-themed festive collection, including a £16,000 “dame dress” from designer Alexander McQueen.
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NewsNet-a-Porter launches iPhone application
Luxury e-tailer Net-a-Porter has become the latest to take advantage of new mobile phone technology, with an application for Apple’s iPhone and iPod Touch that enables users to shop on the go from their mobile devices.
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GalleryStore of the week: Hermès, Sloane Street
Hermès is a brand and a very expensive one. It also happens to be French. Just three reasons why it probably wouldn’t feature as a store of the week in the normal run of things.
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NewsRetailers’ Sale discipline returning, says Burberry
Burberry has said fewer retailers on the high street have started their Sales early this year, pointing to the emergence of better price discipline.
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OpinionBurberry keeps recession in check
Harry Potter star Emma Watson – the current face of Burberry – has lent some magic to the luxury fashion brand.
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NewsBurberry has a strong start to the year
Burberry made a solid start to the year with retail revenues ahead 12 per cent in the three months to June 30.
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News
Escada to consider state aid request to secure growth
Luxury fashion house Escada will consider requesting state aid to secure its long-term growth if it is successful in securing refinancing to avoid insolvency.The beleaguered group, a favourite of celebrities such as Demi Moore and Katie Holmes, is asking investors to forego more than half of their investments in a ...
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NewsLuxury positioning protects sales and profits at Mulberry
Mulberry’s profits beat market expectations as its luxury positioning provided some cushioning against the economic downturn.
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NewsLiberty of London to exit Sloane Street store
Liberty of London will leave its Sloane Street store after receiving an unsolicited offer from a European fashion brand.
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NewsHarvey Nichols to bolster stores appeal by adding fashion online
Luxury department store retailer Harvey Nichols is to sell a selection of its fashion offer online for winter.
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News
Neiman Marcus considers selling lower-priced goods
US Luxury department store chain Neiman Marcus will consider selling some lower-priced goods after sales plunged 24 per cent year on year in its third quarter.Although Neiman Marcus will not abandon higher-priced products, it said it would merchandise goods with a greater range of price points.Chief executive Burt Tansky told ...
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OpinionLuxury retailers are in danger of falling out of fashion
Bullish comments made by luxury retailers should be treated with caution.