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Selfridges gets through 2020 in good shape, pre-pandemic sales rose

Selfridges gets through 2020 in good shape, pre-pandemic sales rose

​Selfridges weathered the 2020 storm, despite enduring the toughest retail year in decades. That’s according to company chief Anne Pitcher who admitted that it was the “most difficult” period in its 113 years.
Люкс
Richemont sales edge up, but fashion struggles while jewellery surges

Richemont sales edge up, but fashion struggles while jewellery surges

​Richemont’s third quarter — the all-important three months to the end of December — saw sales rising only 1%, although currency-neutral, they were up a healthier 5%, despite the “continuously volatile environment”.
Мода
Burberry sales fall again due to Covid but full-price and Asia are strong

Burberry sales fall again due to Covid but full-price and Asia are strong

​Burberry saw another round of retail sales falls in Q3, with Europe and the Americas still being hit hard. But it said China, Korea, leathergoods, outerwear and full-price sales all headed in the right direction.
Мода
Kering sponsors renovation of Florence’s Palazzo Vecchio courtyard

Kering sponsors renovation of Florence’s Palazzo Vecchio courtyard

Kering is sponsoring a key element of the renovation of the famed Michelozzo courtyard of Florence’s Palazzo Vecchio, the city hall of the Renaissance capital. 
Люкс
Harvey Nichols COO steps up to chief executive role

Harvey Nichols COO steps up to chief executive role

Harvey Nichols has promoted its COO to its top job with Manju Malhotra becoming CEO. She now runs the UK and international stores, plus the online business, at the toughest time for luxury retail in decades.
Люкс
Liberty performance improved pre-pandemic, but 2020 has been tough

Liberty performance improved pre-pandemic, but 2020 has been tough

Liberty's sales rose and its losses narrowed in the year to February, it said this week. But since then, lockdowns have put it under heavy pressure and while its owners are supportive, times are tough for the flagship.
Люкс
Heathrow could lose 2,000 jobs as tax-free shopping changes

Heathrow could lose 2,000 jobs as tax-free shopping changes

​The world’s (usually) busiest airport, Heathrow, could lose up to 2,000 jobs if the UK’s decision to change the rules around tax-free shopping for tourists goes ahead, the airport’s CEO claims.
Люкс
Via Outlets has strong year with 100+ lockdown leasing deals

Via Outlets has strong year with 100+ lockdown leasing deals

The outlets sector remains one of the most resilient retail channels at present and Europe-based Via Outlets has completed more than 117 new leasing deals since the start of the pandemic.
Мода
Locked down Scottish stores can reopen earlier Friday but travel restrictions remain

Locked down Scottish stores can reopen earlier Friday but travel restrictions remain

Retailers in areas of Scotland that have been under strict level 4 restrictions will welcome back shoppers on Friday morning with an added bonus: 12 hours more trading than expected.
Мода
High court dismisses attempt to salvage tax-free shopping

High court dismisses attempt to salvage tax-free shopping

​The end of tax-free shopping for tourists in its current form is a step closer. The High Court has dismissed a claim that the government didn't consider the “devastating impact” of the rule change on retail and travel.
Люкс
Harvey Nichols owner Dickson Concepts in profit, despite tough H1

Harvey Nichols owner Dickson Concepts in profit, despite tough H1

​The six months to the end of September may have been a devastating time for retailers, but Dickson Concepts managed to turn a profit in the first half of its financial year, despite lower sales.
Люкс
Alexander McQueen introduces seamless omnichannel strategy

Alexander McQueen introduces seamless omnichannel strategy

​Alexander McQueen has embarked on a new omnichannel strategy having spent the last two years (and especially the last few months) preparing its stores for the new seamless physical-to-digital world.
Люкс
Luxury giants increase their grip on sector, growth continues but landscape shifts

Luxury giants increase their grip on sector, growth continues but landscape shifts

​The luxury goods industry was expanding healthily before the pandemic hit, but while sales were strong, a select group of luxury giants dominated the sector overall. 
Люкс
Rimowa launching new line named Never Still

Rimowa launching new line named Never Still

Rimowa has decided to soften things up. The baggage brand known for its signature hard-wearing aluminium cases is launching a new collection of bags, targeted at a younger and more restless consumer.
Люкс
Selfridges names Lane Crawford's Andrew Keith as new MD

Selfridges names Lane Crawford's Andrew Keith as new MD

​During one of the most challenging periods in its history, luxury UK department stores retailer Selfridges & Co has named Andrew Keith as its new Managing Director.
Люкс
​Luxury brands weigh in to force rethink on end to VAT-free UK shopping

​Luxury brands weigh in to force rethink on end to VAT-free UK shopping

The outcry against plans to end tax-free shopping in the UK intensified this week with some of the world’s heavyweight luxury brands pressing the government to reverse its proposals.
Люкс