Monday, September 25, 2017
Hill & Friends

Hill & Friends to open first physical store amid skyrocketing sales

Luxury handbag retailer Hill & Friends is set to open its first standalone store on London’s South Molton Street amid swift expansion.
Kering LVMH

Luxury fashion giants Kering & LVMH ban use of size zero models

The parent companies of luxury retailers like Gucci, Louis Vuitton, Stella McCartney and Dior have announced they are banning the use of size zero models under a new "well-being charter" across all their brands.
Knightsbridge

Burberry to open new 4-storey flagship

Burberry is set to open a new four-storey flagship store in London’s Knightsbridge, vacating its current store in the area.
Tag Heuer

Tag Heuer opens biggest UK store in Sheffield

Luxury watch maker and retailer Tag Heuer has just opened up its biggest store in the UK within Meadowhall shopping centre in Sheffield. The 1820sq...
Jimmy Choo

Jimmy Choo first-half profit surges, surpassing previous year’s profit

Jimmy Choo enjoyed a sharp rise in profits and sales in its first half, with pre-tax profits alone almost tripling year-on-year and surpassing the full-year profit recorded in 2016.
Avenue 32

Avenue 32 ceases trading

Online luxury fashion retailer Avenue 32 has announced its closure following a failed sales process.
Coach shares

Coach shares plummet after trading update

Luxury accessories retailer Coach has seen its shares plummet as it announced that sales may come below expectations for the year.
Marco Gobbetti

New Burberry CEO to judge all 498 stores in cost cutting tour

Burberry’s new chief executive Marco Gobbetti is reportedly embarking on a secretive world tour to establish which sites may need axing as part of a turnaround effort.
Matchesfashion.com

MatchesFashion.com prepared to receive £600m bids in coming weeks

Luxury fashion retailer MatchesFashion.com is reportedly in talks with various high-profile investment funds as it prepares for takeover bids estimated to top £600 million.
Michael Kors update

Michael Kors quarterly revenue & profit drops amid Jimmy Choo acquisition

The roll out of a strategic plan as well as the acquisition of iconic British brand Jimmy Choo has led Michael Kors to record falls in profit and sales during its first fiscal quarter.

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Rise of the Robots: Machine Learning & the Future of Commerce

BREAKTHROUGH THE HYPE: UNCOVER THE REALITY OF AI Gartner research estimates that artificial intelligence (AI) bots will power 85% of customer service interactions by 2020....