All Luxury articles – Page 7
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NewsFarfetch sales dip as brand platform faces challenges
Farfetch has reported declining sales and profit, “primarily driven by a 42.2% decrease in brand platform revenue”.
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NewsHarrods sales and profits climb in post-pandemic bounceback
Luxury department store Harrods has reported strong sales and profit growth after its landmark Knightsbridge store returned to normal trading after the pandemic lockdowns.
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GalleryDior and Harrods reunite for Paris-inspired pop-up
Dior has opened the doors of its new summer pop-up at Harrods, London, in a continued partnership between the fashion house and the department store.
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NewsWatches of Switzerland sales dip
Watches of Switzerland has reported a fall in total sales but said performance remains “in line with our guidance and expectations” in the first quarter ending July 2023.
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NewsMatchesfashion unveils partnership with Sellier
Matchesfashion has partnered with luxury resale platform Sellier in a bid to boost its luxury pre-loved offering of “the most coveted accessories on the market”.
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NewsExclusive: Frasers boss says Amazon can’t do what Frasers can
As Frasers reported strong growth in profits and revenue driven by a “particularly strong year for sports retail”, chief executive Michael Murray said even Amazon cannot do what Frasers can.
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NewsMoncler hails business ‘milestone’ as sales boom
Luxury fashion retailer Moncler Group has called its first-half performance a “significant milestone” as revenues across the business boomed and exceeded €1bn (£857.7m) for the first time.
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NewsLVMH revenue rises as brands continue to thrive
Luxury goods conglomerate LVMH posted an “excellent first half” as it saw strong revenue growth across its fashion and beauty divisions.
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NewsExclusive: Frasers to become UK's top fashion retailer by 2026
Frasers is set to acquire its way to the top and become the biggest fashion retailer in the UK within the next five years, according to exclusive research by Retail Week and Bloomreach.
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DataFashion Forward: The top 30 fashion retailers by 2026
Fashion retail has experienced a turbulent time, but retailers investing in elevation, partnerships, acquisitions and focused transformation are set to win. Our Retail Week analysts reveal which retailers will lead the sector in 2026.
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GalleryNaked Wolfe unveils ‘luxurious shoe haven’ on New Bond Street
Footwear retailer Naked Wolfe has opened the doors to its new “luxurious shoe haven” in the form of its London flagship store on New Bond Street, marking its territory as the “go-to designer footwear destination”.
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NewsHarrods unveils plans for first private members’ club in Shanghai
Luxury department store Harrods has unveiled plans to open its first-ever private members’ club in Shanghai, China, by the end of the year.
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NewsBurberry sales jump as core categories perform strongly
Luxury brand Burberry has reported a jump in sales, as core categories for the brand such as outerwear and leather goods performed well.
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NewsWatches of Switzerland sales and profits soar in record year
Watches of Switzerland has posted a “record” year of revenue and profitability, entering 2024 “significantly ahead” of what it previously forecast as strong momentum across the US, UK and Europe continues.
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GalleryStore gallery: Burberry reopens London flagship on New Bond Street
British luxury fashion house Burberry has reopened the doors to its London flagship store on New Bond Street, claiming it “reinforces Burberry’s position as the modern British luxury brand”
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NewsMulberry rebuffs Sports Direct Ashley’s boardroom bid
Luxury fashion brand Mulberry has rejected a bid from Mike Ashley to join its board of directors, as the former Frasers chief executive continues to hoover up stakes in various retailers.
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NewsMulberry sales and revenue rise as it ‘delivers strategic objectives’
Mulberry has recorded a rise in international sales and revenue as it builds on delivering “strategic objectives” despite “macroeconomic uncertainty”.
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GalleryStore gallery: Harrods unveils luxury loungewear and lingerie ‘universe’
Harrods has welcomed shoppers to its new “luxurious lingerie and lounge universe” on its first floor in Knightsbridge, featuring two rooms for customers to “explore every aspect of the ultimate lounge to lingerie wardrobe”.
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NewsKurt Geiger secures new funding to drive global growth
Luxury footwear and accessories retailer Kurt Geiger has secured fresh funding in a bid to “refinance its existing debt” and support its international growth plans.
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NewsHugo Boss ups sales target and confirms global expansion plans
Luxury fashion group Hugo Boss has increased its 2025 sales target to €5bn (£4.2bn) and confirmed plans to “expand its global footprint” in its latest strategy update.