All Luxury articles – Page 45
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NewsMulberry’s UK retail arm helps drive performance
Mulberry unveiled a recession-defying performance as pre-tax profits soared 16% to £1.5m in the six months to September 30.
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NewsProfits drop as Jaeger momentum slows
Profits at womenswear chain Jaeger halved in to £1m the year to February 28.
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OpinionEBay: fashion friend or foe?
EBay’s fixed price business has overtaken the auction part of the business on which it built its foundations. But talk to the luxury sector and eBay is still a dirty word.
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NewsStrong UK retail sales lift Mulberry
Mulberry posted a 16% hike in sales in the first half of the year, boosted by a strong UK retail performance.
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OpinionFlannels CVA signals continued woes for the luxury market
The economic crisis has well and truly taken the shine off the luxury market with excessive spending off the agenda for many.
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NewseBay hit outs at French court fine over LVMH sales
Online auction site eBay has accused the French courts of “hurting consumers” and has dubbed a €1.7m fine “disproportionate” after losing a case against luxury goods group LVMH.
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NewsBlack Friday shoppers hunt for bargains
Sales on one of America’s busiest shopping days, Black Friday, were marginally ahead of 2008, but shoppers steered clear of higher priced items to hunt out bargains.
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NewsPPR looks to sell some retail businesses
French luxury and retail group PPR is reported to be considering the sale of part of its retail portfolio to raise cash to buy new brands.
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Burberry confident for Christmas as sales lift
Luxury retailer and brand Burberry is confident ahead of the crucial Christmas period.
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NewsRetail sales cheer Burberry ahead of Christmas
Luxury group Burberry is confident ahead of the crucial Christmas period as sales of outerwear and leather goods continued to boost retail sales.
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NewsNordstrom woos UK shoppers with web access
US luxury department store operator Nordstrom has opened up its website to UK shoppers.
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NewsLiberty sales ‘stronger than last year’
London department store Liberty has reported “strong” sales in July, driven by sales from womenswear and its own-label brand, Liberty of London.
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NewsNet-a-Porter moves head office to Westfield London
Luxury fashion etailer Net-a-Porter is to move its head offices to shopping centre Westfield London.
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NewsHarvey Nichols boss warns of slow luxury recovery
Harvey Nichols chief executive Joseph Wan believes a “substantial shift” has occurred in the luxury retail landscape since the banking meltdown from which it will not recover for at least five years.
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NewsLuxe chocolate shop Cocomaya to expand with bakery
London luxury chocolate shop Cocomaya is expanding at the end of the month to open an adjoining bakery.
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NewsWestfield London signs luxury retailers to The Village
Westfield London has secured a raft of retailers for its luxury area as it nears its one-year anniversary.
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Gianni Versace plans Japan exit
Designer fashion brand Gianni Versace plans to exit the Japanese market due to a slowdown in consumer spending.Its three stores in Tokyo, Osaka and Chiba will be shut and liquidation measures are expected to be complete by the end of the year. “The Versace boutiques in Japan no longer represented ...
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PPR to float CFAO
Luxury and retail group PPR has announced plans to float its CFAO distribution unit.The African division will be floated on the Euronext stock exchange in Paris by the end of the year, subject to favourable market conditions. The high-growth CFAO unit generated sales of e2.86bn (£2.45bn) last year.
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NewsLuxury retailers lambast EU plans to reduce brands’ control
Retailers could gain the right to sell any brand in stores or online, after the European Commission launched a review of selective distribution laws.