All Luxury articles – Page 8
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NewsFarfetch invests up to $200m in Neiman Marcus in ‘pivotal point’ for US luxury market
Farfetch will snap up a minority stake in US department store chain Neiman Marcus as part of a strategic partnership between the two luxury retail firms.
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NewsFarfetch records full-year sales surge and profit growth
Farfetch chief executive José Neves hailed the luxury fashion etailer’s “strong momentum” as the business delivered strong fourth-quarter and full-year sales growth.
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Opinion‘Booming demand has spurred creation of more resale businesses’
The rising cost of living will power the growth of second-hand products and resale, maintains eBay UK general manager Murray Lambell.
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AnalysisFrom Crocs and KFC to Yeezy and Gap – seven of retail’s most surprising collaborations
This week, Primark and Greggs revealed they were teaming up for a limited-edition collaboration. Retail Week takes a look at some of the more memorable retail partnerships from around the world.
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NewsWatches of Switzerland boss slams UK VAT rules and favours EU expansion
Watches of Switzerland chief executive Brian Duffy has called on the government to reverse the “mistake” of ending duty-free shopping benefits in the UK.
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GalleryIn pictures: The best store experiences in New York City
As the industry came together at NRF Retail’s Big Show in New York in January, Retail Week explores some of the best stores opened in the city from 2020 to 2021.
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AnalysisAnalysis: NFTs, virtual fitting and the metaverse – the tech trends that will define retail in 2022
Which burgeoning technology will take centre stage in 2022 and what opportunities will it present for retailers? We put the question to a panel of tech experts.
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NewsNew Selfridges owners plan to add hotel and apartments to Oxford Street flagship
Selfridges’ new Thai and Austrian joint owners are planning a revamp of its Oxford Street flagship that would include an upmarket hotel and food hall.
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AnalysisWhat’s new for 2022? Tesco, Primark and Kingfisher bosses predict the year ahead
After almost two years of upheaval sparked by the coronavirus crisis, what comes next for retail? From climate change to customer service, purpose to personalisation, bosses of some of Britain’s biggest retailers predict the trends and themes that will dominate 2022.
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NewsSelfridges sold to Thai-Austrian joint venture in £4bn deal
Luxury department store chain Selfridges has been sold by the Canadian Weston family to a joint venture between a Thai retailer and an Austrian property company for an estimated £4bn.
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AnalysisWho will be the retail winners and losers of 2022?
Which retailers will fly and flop in the year to come? We asked retail experts to share their tips for 2022.
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NewsWatches of Switzerland ‘bullish’ about Christmas success after year of disappointment
Watches of Switzerland have recorded soaring sales across all markets in which it operates and is gearing up for a blockbuster Christmas.
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NewsHarrods swings to a loss as pandemic and Brexit take heavy sales toll
Harrods has swung to a loss after store closures during the pandemic and the impact of Brexit slashed sales in half.
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OpinionMove of the Week: What will luxury veteran Jonathan Akeroyd bring to Burberry?
Jonathan Akeroyd’s appointment as new Burberry chief executive should serve to ease some of the concerns surrounding the future of the fashion giant.
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NewsBurberry poaches new chief executive from Versace
Burberry has named Versace boss Jonathan Akeroyd as its new chief executive to replace the outgoing Marco Gobbetti.
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NewsMatchesfashion appoints French department store boss as new CEO
Matchesfashion has named Paolo de Cesare as its new chief executive.
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AnalysisTourism to localism – how retailers in prime cities are shifting strategies
Following the lifting of Covid-19 restrictions, “freedom” may have arrived in the UK – but tourists have not. Indeed, it could take years for the volume of visitors, particularly those from Asia, to return to pre-pandemic levels. So how can prime cities like London adapt and innovate to win more spend from domestic consumers?
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AnalysisMichael Murray: The man Mike Ashley is entrusting with the future of Frasers
Who is the man Sports Direct founder Mike Ashley has appointed as his successor and can he turn around the retailer’s fortunes?
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NewsBurberry posts ‘strong’ first quarter sales uplift against pre-pandemic levels
Burberry has reported an “excellent start” to its new financial year as full-price sales growth accelerated against its pre-pandemic performance.
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NewsWatches of Switzerland unveils five-year plan as ‘strong momentum’ continues
Watches of Switzerland has created a new strategic plan to keep momentum going as its profits and sales soared during the pandemic.