Burberry has demonstrated a robust performance, with sales in China doubling over the Christmas period. This surge can be attributed to a marketing strategy that resonates particularly with Generation Z
Luxury retail
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The luxury leather goods manufacturer Smythson, which holds a royal warrant, has significantly reduced its financial losses following a comprehensive restructuring that included the closure of its flagship New Bond
After securing planning permission, a unique offering is set to debut in central London with the development of Britain’s first luxury self storage facility underneath the five star Biltmore Mayfair
Giorgio Armani, one of fashion’s most enduring legends, has left the industry in shock by permitting the sell off of his iconic €23 billion business in his will. The renowned
Watches of Switzerland, the prominent luxury timepiece retailer featuring brands such as Rolex and Patek Philippe, has moved to reassure investors that the recent 39 per cent tariffs imposed by
Heathrow Airport’s retail chief Fraser Brown surveys the bustling Terminal 5, where a row of designer shops and high street favourites cater to millions of travellers every year. Terminal 5
Luxury jeweller Fabergé, renowned for its opulent imperial Russian Easter eggs, has changed hands in a deal valued at $50m. The sale sees Gemfields, the gemstone mining company, agreeing to
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
Diageo the British drinks conglomerate behind Johnnie Walker is pivoting towards the rarefied heights of ultra premium Scotch as traditional sales falter and younger generations turn away from alcohol. Despite
LVMH, the world’s largest luxury group, has reported a steep downturn in its core fashion and leather goods division, providing a fresh signal that even affluent consumers are scaling back
Luxury timepiece retailer Watches of Switzerland has posted record revenues of £1.65 billion, yet shares tumbled 8 per cent following warnings about US tariff impacts on profit margins. The company’s
The 138-year-old British luxury leather goods manufacturer and royal warrant holder Smythson has been acquired by private equity firm Oakley Capital for an undisclosed sum, marking a significant shift in
Selfridges, the iconic Oxford Street department store, is poised to transform its fourth-floor office space into an exclusive members’ club, intensifying the competition for high-net-worth shoppers in London’s luxury retail
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
Burberry is gearing up to report its latest financial updates, with investors holding cautious optimism after a better-than-expected performance over Christmas. The British luxury brand, known for its iconic trench
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