All Luxury articles – Page 44
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NewsBurberry boss receives £3.16m pay-out
Burberry paid its chief executive Angela Ahrendts £3.16m, which included her maximum bonus allowance, following a strong performance for the luxury group.
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NewsKarstadt rescued by Nicholas Berggruen and BCBG Max Azria
Insolvent German department store group Karstadt is set to be rescued by a consortium involving German billionaire investor Nicholas Berggruen and luxury fashion house BCBG Max Azria.
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NewsMulberry signs new London flagship and office sites
Luxury British brand and retailer Mulberry has signed leases for a flagship store at 50 New Bond Street and for a new London head office space.
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NewsSamantha Cameron cuts back Smythson role
Samantha Cameron, the Prime Minister’s wife, is to reduce her role at Smythson, the upmarket Bond Street retailer she is credited with having helped turn around.
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PPR Q1 sales up
Sales in the first quarter of 2010 at luxury goods and retail company PPR were up 1.3% compared with the first quarter of 2009, rising to €4.13bn (£3.6bn). Sales at Fnac, the international entertainment retail chain of which PPR is the majority shareholder, were up 1.6%. In France, Fnac sales ...
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NewsWestfield London targeted by gang of robbers
Westfield London has been targeted by a gang of robbers who stole hundreds of thousands of pounds worth of jewellery.
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NewsPositive sales for PPR in first quarter
French retail group PPR reported a positive first quarter with sales up 1.3% on a like-for-like basis to €4.1bn (£3.56bn) in the first quarter of the year.
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NewsLuxury industry backs ruling on online sales
Luxury giants LVMH and PPR have spoken out in support of a European Commission ruling that allows brand owners to continue to control how online retailers distribute their brands.
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NewsBurberry expects record profits as UK outperforms
Burberry said its full-year profits will be “at record levels” following a stronger than anticipated end to the year.
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NewsHarrods not for sale, says Mohammed Al Fayed
Harrods owner Mohammed Al Fayed told employees today that the iconic Knightsbridge department store is not for sale.
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NewsLiberty records positive EBITDA for first time in a decade
London department store Liberty has reported that EBITDA was in positive territory for the first time in a decade in the year to December 31.
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NewsLouis Vuitton loses Google battle
Google has won its long-running legal battle with Louis Vuitton over the use of the online giants Adwords service.
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OpinionCould Richemont net a winner?
No wonder Richemont is targeting a larger slice of Net-a-Porter — it has been one of the best etail growth stories in a market where its founder Natalie Massenet once faced naysayers who believed luxury fashion would never work online.
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NewsRichemont makes bid for Net-a-Porter
Luxury etailer Net-a-Porter is reported to have received a bid from Swiss luxury group Richemont.
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NewsAirport retail sales soar on weak pound
Duty-free shopping and the weakened pound drove sales at London’s airports to their highest levels for a decade last year.
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NewsBurberry to restructure Spanish arm
Luxury heritage brand Burberry is to restructure its Spanish arm in a bid to bring the division in line with the global business.
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NewsMulberry raises outlook after strong trading
Luxury leather goods and clothing brand Mulberry has raised its full year outlook following a strong Christmas trading period.
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Sales rise at LVMH’s Selective Distribution
LVMH has reported a 4% year-on-year rise in sales at its Selective Distribution business, which includes Sephora and DFS, its luxury duty free arm, to €4.38bn (£3.9bn).Profit from recurring operations was flat at €388m (£349m). LVMH said: “Sephora had a good year with further growth in revenue and profit from ...
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NewsChurch’s opens at Westfield London
Luxury footwear brand Church’s has opened a shop in Westfield London, its 12th store in the UK.
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GalleryStore of the Week: Loewe, Valencia
Luxury accessories and ready-to-wear brand Loewe refurbished its shop in Valencia just before Christmas, creating a concept store.