The Swiss watchmaker Swatch has abruptly withdrawn a global advertising campaign after sparking fierce criticism in China. The campaign featured an Asian model pulling at the corners of his eyes—a
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Spending by British shoppers in the European Union has soared to record levels, with figures showing a more than fivefold increase in VAT free purchases over four years. Data from
New figures are revealing the resurgence of the so-called lipstick effect, as Britons embrace modest luxuries in the face of continued financial pressure. The latest data from market analysts Circana
Luxury retailer Fortnum & Mason has unveiled ambitious plans to establish its first UK stores beyond London’s boundaries, responding to growing consumer demand for their premium offerings. Chief Executive Tom
Harvey Nichols, the historic British luxury retailer, has announced plans to discontinue its food and hamper divisions as part of an ambitious strategy to return to profitability. The decision is
Fairfax & Favour, the quintessentially British equestrian-inspired footwear brand, is making significant strides in the American market following royal endorsement from Zara Tindall. The Norfolk-based company has reported impressive organic
The £1 trillion-a-year luxury goods industry is facing unprecedented challenges as sales slump across major markets. Recent figures from industry giant LVMH reveal a concerning pattern, with fashion and leather
The luxury fashion landscape witnessed a seismic shift as Prada Group announced its acquisition of Versace for €1.25 billion, marking a significant consolidation in Italian haute couture. The move has
Luxury fragrance retailer Jo Malone London has unveiled ambitious expansion plans to open a dozen new stores across the UK, demonstrating strong confidence in brick-and-mortar retail despite widespread high street
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