All Luxury articles – Page 6
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Interview
Q&A: Resale platform Sellier’s founder on bullet-proof authentication and snapping up competitors
Sellier’s founder and chief executive Hanushka Toni speaks to Retail Week about the current challenges within the resale market, expansion plans and the importance of authenticated luxury.
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Gallery
Store gallery: Inside Heaven by Marc Jacobs’ first store outside LA
Luxury fashion retailer Marc Jacobs has opened the doors to its first store in Europe for its Gen Z subsidiary line Heaven, located on London’s Brewer Street in Soho.
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Analysis
Virtual try-on and fewer returns: How retailers are using AR to elevate the customer experience
As footfall shows little signs of improving this year and ecommerce sales growth slows, retailers are turning to advanced technologies such as augmented reality (AR) to improve their offering to consumers
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News
Exclusive: 7879 boss eyes further partnerships after bumper first year’s trading
Specialist retailer 7879 has credited its successful first year of trading to shoppers “seeking a fresh approach to collecting jewellery”.
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News
Watches of Switzerland hails ‘omnichannel excellence’ for strong trading performance
Watches of Switzerland has reported a surge in revenue owing to a “dedication to omnichannel excellence and our exceptional client service”.
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News
Matchesfashion owner injects £60m to revive business under new leadership
Matchesfashion has announced that its owners, private equity firm Apax Partners, are set to invest £60m into the business.
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News
LVMH reports record year despite economic and geopolitical environment
LVMH achieved a record year in 2022 and remains confident for growth in 2023 despite economic and geopolitical challenges.
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News
Farfetch announces key leadership changes with new executives
Online luxury fashion retail platform Farfetch has made key changes to its leadership team with new executives joining the business.
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News
Burberry pins sales slowdown on Covid disruption in China
Burberry has reported a slow growth in sales over Christmas as a result of Covid-related disruption in China.
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News
Burberry strengthens leadership with new executives
Giorgio Belloli and Delphine Sonder have been appointed to Burberry’s newly created roles of chief digital, customer and innovation officer and chief merchandising officer, respectively, with immediate effect.
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News
Harrods’ H Beauty launches ‘first-of-its-kind’ cosmetics recycling scheme
H Beauty is set to launch a pilot cosmetic recycling scheme for products deemed “unrecyclable”.
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News
Fashion sector pays tribute to icon Vivienne Westwood
Tributes have poured in overnight from across the fashion sector following the death of the “undisputed queen of British fashion” Vivienne Westwood.
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Gallery
Store gallery: Inside Flannels’ debut Dublin store
High-end fashion retailer Flannels has opened the doors to its first-ever store in Ireland.
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News
Watches of Switzerland clocks up rise in profits as store expansion drives sales
Watches of Switzerland has registered a spike in profits as its investments in new showrooms and store refurbishments bore fruit.
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Analysis
Analysis: How are retailers mitigating the downfall of the pound?
What does a weakened pound mean for UK retailers? Who is feeling the pinch most? And what can they do to mitigate the problem?
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News
Fenwick sells Bond Street store to fund return to profitable growth
Department store group Fenwick is to leave central London after selling its Bond Street branch to provide the fresh capital investment needed to restore profitable growth.
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Analysis
Strategy spotlight: Five ways Burberry has refined its strategy to unlock long-term growth
“Modern British luxury” was the headline of new Burberry CEO Jonathan Akeroyd’s strategy, which was revealed during the fashion brand’s interim results in November 2022. Targeting medium revenue growth to £4bn, our Retail Week Prospect analyst team examines Burberry’s plan to unlock this next phase of growth
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News
Mulberry swings to loss in face of increased costs
Global handbag and accessories retailer Mulberry has swung to a loss as it grapples with factors such as the end of government Covid-19 support and the cost-of-living crisis.
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Opinion
‘The retail sector isn’t doomed, but 2023 will be a tough year’
While UK retail is facing historic pressures, the current environment is also throwing up opportunities for business. David Maddison from HSBC gives a banker’s view on the health of the sector
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Innovation of the Week
Innovation of the Week: eBay's luxury pop-up store in New York City
Welcome to the Retail Week Innovation of the Week, a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts