All Luxury articles
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News
Burberry unveils ‘urgent’ turnaround plan as profits and sales plummet
Burberry has said it is “acting with urgency” as it launches turnaround plan to “stabilise” the business following plummeting profits and sales at the luxury brand.
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Interview
Q&A: Born Outside Italy founder on gap in luxury trainer market and targeting Selfridges and Harrods in the UK
Retail Week sat down with the founder of new luxury trainer brand Born Outside Italy, to discuss opportunities in the UK market, the importance of physical retail and why there’s still an opportunity within the struggling luxury market.
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News
Burberry has named a former exec as its new product boss
Luxury fashion retailer Burberry has announced the appointment of a former executive as its new chief product merchandising and planning officer.
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News
Burberry share price rises amid Moncler takeover rumours
Burberry saw an increase in its share price after reports emerged that its Italian rival Moncler may be considering a takeover bid for the British luxury brand.
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News
Harvey Nichols has named a fashion editor as its new creative director
Luxury department store Harvey Nichols has named a new creative director, the first appointment under new chief executive Julia Goddard.
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News
Next makes moves in luxury fashion market with launch of new Seasons website
Fashion giant Next is making moves in the luxury market with the launch of its new premium fashion platform Seasons in a bid to serve “overlooked” customers.
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News
Asos and Hirestreet have teamed up to launch a subscription rental service in UK first
Exclusive: Rental marketplace Hirestreet has joined forces with fashion giant Asos to launch the largest retailer-rental subscription service in the UK.
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News
Frasers pulls plug on Mulberry takeover bid over governance concerns
Frasers has announced that it does not intend to make a revised offer for taking over Mulberry, citing increasing governance issues and the “apparent lack of a commercial plan against a backdrop of increasing market headwinds”.
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Gallery
Luxury fashion brand Represent opens first-ever store in hometown
Luxury menswear brand Represent is opening its first flagship UK store in its home city of Manchester after a period of large growth.
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News
Frasers Group has backed a takeover of N Brown as it continues chasing Mulberry
Mike Ashley’s Frasers Group has backed the £191m takeover proposal for fashion giant N Brown and told shareholders it is continuing its bid to acquire luxury brand Mulberry.
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Interview
Q&A: H&M global kidswear MD on new premium Adorables brand and its partnership with Selfridges
As H&M unveils its new premium childrenswear label, which is launching in partnership with luxury department store Selfridges, global managing director of kidswear Ida Lindahl speaks to Retail Week about the inspiration behind the brand and how it fits into the group’s broader strategy.
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News
Mulberry's owner has rejected an increased bid from Frasers Group
The owner of luxury fashion brand Mulberry has rejected a revised bid from Frasers Group and said it has “no interest” in selling its shares to the retailer.
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Gallery
Louis Vuitton has opened its first store and cafe at a UK airport
Luxury fashion brand Louis Vuitton has opened a new store and cafe at London’s Heathrow Airport.
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Analysis
Mytheresa: Who is Yoox Net-a-Porter’s new German luxury owner?
This morning’s announcement that luxury fashion retailer Mytheresa is acquiring Yoox Net-a-Porter brings parent company Richemont’s turbulent chapter spent trying to offload it to a close. Retail Week takes a look at the German luxury brand that has been thriving while other players flounder, as well as what the deal means for both businesses moving forward.
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News
Mulberry has rejected a takeover bid from Mike Ashley’s Frasers Group
Mulberry has rejected the £83m takeover bid proposed yesterday by Mike Ashley’s Frasers Group.
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News
Frasers Group has made a bid for struggling Mulberry to avoid ‘another Debenhams situation’
Frasers Group has made a surprise takeover bid for luxury handbag and accessories brand Mulberry in what it called an attempt to avoid “another Debenhams situation”.
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Innovation of the Week
Selfridges is embarking on a retail media partnership with Criteo
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our team.
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News
Harrods is investigating the role of current staff in allegations of abuse against Al Fayed
Harrods is undergoing an internal review to determine whether any of its current staff was “directly or indirectly” involved in any of the sexual abuse allegations against former owner Mohamed Al Fayed.
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News
London Designer Outlet had its ‘best summer on record’ as sales surpassed £10m
London Designer Outlet has reported its “best summer performance on record” with its strongest-ever sales outside of December occurring in August.
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Gallery
L’Oréal Luxe unveils its ‘beauty playground’ pop-up in Westfield White City
L’Oréal Luxe has opened the doors to its “beauty playground” in Westfield White City featuring activations from brands including Lancôme, Armani, Valentino and YSL Beauty.