All Luxury articles – Page 3
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News
Selfridges has partnered with Snapchat for new AR sport experience
Selfridges has partnered with Snapchat to create an augmented reality (AR) locker room in its iconic Oxford Street store to celebrate the summer of sport.
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News
Watches of Switzerland says UK market ‘stabilising’
Luxury specialist Watches of Switzerland is “cautiously optimistic” about trading in the year ahead.
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News
Russell & Bromley names its first ever creative director
Russell & Bromley has named its first creative director as part of a new chapter for the business.
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News
Exclusive: Matches accused of ‘scamming’ shoppers
Matches has received a flurry of poor feedback and been accused of “scamming” shoppers since it was put into administration by Frasers Group earlier this year, according to data shared with Retail Week by TrustPilot.
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Data
Ranking: The top 10 celebrity fashion brands globally
With celebrity fashion brands on the rise, Retail Week looks at the top 10 businesses fronted by famous faces, according to the latest research
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Interview
Q&A: Selfridges’ Sharlene John on driving diversity in luxury retail
Selfridges’ head of recruitment and onboarding Sharlene John speaks to Retail Week about how the iconic department store is driving employee diversity from the shopfloor up.
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News
‘Dirty’ trainer brand plots biggest IPO of the year
An Italian luxury retailer famous for its ‘dirty’ trainers is plotting a float on the country’s stock market, which would be its biggest listing in at least a year.
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Gallery
Selfridges reopens beauty hall after year-long makeover
Selfridges’ beauty hall in London is ready to welcome back customers after a 12-month renovation.
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Innovation of the Week
eBay promotes circular fashion with new ‘resell on eBay’ feature
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our team.
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Analysis
How winners are standing out from losers in troubled luxury market
As luxury fashion retailers experience a slowdown in demand, Retail Week looks at some of the struggles facing the market and asks whether brands are right to remain optimistic
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News
Watches of Switzerland sales hit by ‘minimal return’ of tourist shopping
Watches of Switzerland has reported flat sales for the full year of 2024 driven by a challenging trading environment and the “minimal return of tourist spending” in the UK.
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News
Burberry underperforms and warns of headwinds in luxury slowdown
Burberry has underperformed financially as it struggled with tepid demand for luxury clothing and accessories, and warns of more pressure to come.
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News
Selfridges to cut jobs as loss of tax-free shopping takes its toll
Selfridges is making another round of redundancies as the loss of tax-free shopping for visitors to the UK is blamed for a dip in luxury spending.
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News
Watches of Switzerland builds US business with $130m jewellery deal
Watches of Switzerland has bought US jeweller Roberto Coin for $130m (£104m) as it targets growth in the luxury branded jewellery category.
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Analysis
Matches: Is there a future for the bust luxury retailer?
Following Frasers’ acquisition of certain intellectual property assets of Matches, Retail Week takes a look at what’s next for the luxury specialist and if there’s any light at the end of the tunnel
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News
Mulberry sales slow as demand for luxury wanes
Luxury fashion and accessories retailer Mulberry has posted a decline in sales during the full financial year as declining consumer spend on luxury goods took its toll.
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News
Vinted posts first profit after ‘strong’ year of growth
Online marketplace Vinted has posted a “strong” year of growth after it reached profitability for the first time and reported a surge in revenue.
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News
London Designer Outlet posts record-breaking sales
London Designer Outlet (LDO), located at Wembley Park, has recorded its strongest first quarter ever as sales surpassed £20m for the first time.
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Analysis
AI, customer experience and dream teams – the key talking points from Paris
As more than 800 retail leaders from around the world gathered to inspire and be inspired at WRC 2024, Retail Week highlights some of the key takeaways from the congress in Paris
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News
Luxury retail group Kering warns on profits as sales slide
Gucci owner Kering has warned on profits during the first half of the year as sales slipped at the luxury fashion house during its first quarter.