All Luxury articles – Page 13
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News
Farfetch revenues soar after ‘tremendous start to 2021’
Farfetch reported strong growth in both revenues and gross merchandise values in what the luxury specialist’s boss called a “tremendous start to 2021”.
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News
Burberry hails ‘strong’ full-year results despite sales and profits fall
Burberry has recorded a decline in its full-year sales and profits, but boss Marco Gobbetti hailed the luxury retailer’s resilience as full-price sales drove momentum.
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Gallery
Store gallery: Harrods opens Chocolate Hall as Knightsbridge revamp continues
Harrods has opened a new Chocolate Hall as it concludes the restoration of its iconic food halls.
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Analysis
Analysis: Five ways that W Galen Weston changed retail
Retail Week looks at how the entrepreneur and philanthropist built a transatlantic empire and changed the face of the industry.
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News
Matchesfashion chief executive Ajay Kavan exits
Matchesfashion boss and former Amazon executive Ajay Kavan has exited the business with immediate effect after a year in the role.
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News
Farfetch records first profit after 12 years
Farfetch has achieved its first-ever positive EBITDA despite a tough year for fashion retailers.
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News
Burberry becomes first non-essential retailer to return business rates relief
Luxury fashion giant Burberry is to voluntarily hand back savings made through business rates relief during the Covid-19 pandemic.
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Interview
Interview: Beauty Pie founder Marcia Kilgore – the retail rebel
Serial entrepreneur Marcia Kilgore tells Retail Week about the conversation that triggered her retail rebellion, driving growth in a pandemic and the Weston family advice that inspired her to start Beauty Pie.
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News
Luxury conglomerate LVMH records year of two halves
LVMH reported an overall decline in revenues for 2020 but the final quarter showed signs of promise for the coming year.
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News
Burberry hails ‘good progress’ as online sales surge over Christmas
Burberry has posted a spike in online sales during the golden quarter as it hailed “good progress” on its transformation strategy.
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News
Online fashion retailer Mytheresa reveals IPO plans
Fashion etailer Mytheresa has unveiled plans for a Wall Street IPO.
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Gallery
In pictures: The best Christmas window displays around the world
From Thailand to France to Venezuela, Retail Week takes a look at the festive windows of department stores from around the globe.
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News
Watches of Switzerland profits rise as online sales surge
Watches of Switzerland has clocked up an increase in half-year profits following a surge in online sales during the coronavirus pandemic.
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News
Yoox Net-a-Porter names new chief executive
Luxury fashion etailer Yoox Net-a-Porter has said Geoffroy Lefebvre will take over in January as its new chief executive.
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News
Farfetch losses spiral despite sales gains
Farfetch has suffered widening losses during its third quarter despite a spike in sales.
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News
Burberry ‘encouraged’ by recovery despite sales slide
Burberry has recorded a sharp drop in profits and sales amid the pandemic, but has seen shoots of recovery in certain regions.
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Opinion
Move of the Week: Tom Athron is a great match for Fortnum & Mason
It’s no great surprise to see Tom Athron assume his first chief executive position at Fortnum & Mason. If anything, the surprise is that it hasn’t happened sooner.
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News
Fortnum & Mason poaches new chief executive from Matchesfashion
Fortnum & Mason has appointed Matchesfashion’s executive Tom Athron as its new chief executive, replacing Ewan Venters.
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News
Alibaba set to invest in Farfetch
Chinese goliath Alibaba is in talks to invest $300m (£231m) in luxury fashion platform Farfetch.
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News
LVMH agrees to Tiffany takeover after lengthy feud
LVMH has penned a deal to buy Tiffany & Co for a lower price after a long dispute between the two luxury firms.