A US company that has invented a device which can determine whether an item is counterfeit has raised $2.6 billion in funding, with aims to become the industry standard.
Luxury jeweller Tiffany has poached Diesel’s chief executive Alessandro Bogliolo, who will take the helm in an attempt to turnaround its financial fortunes.
Burberry has shelved plans for its new £50 million manufacturing site in Leeds, but promised it was still committed the area.
Luxury fashion retailer Burberry has revealed growth in its first quarter as its new CEO Marco Gobbetti settles into the role.
Burberry first quarter results are set to be released on Wednesday and are expected to show growth, just days after it welcomed its new chief executive.
British handbag retailer Mulberry has signed a joint venture agreement that will see it increase its presence in Japan.
Luxury accessories retailer Mulberry will open a new flagship store on London’s Regent Street in the former Austin Reed property, according to Property Week.
Liberty London has announced the relaunch of its menswear department, where 20 new luxury brands will be feature amid the refurbishment.
One in four retailers on London’s Bond Street are reportedly considering relocating, as rocketing business rates and business rates jeopardise the iconic streets future.
In the second of our three-part study, we examine whether the UK’s luxury sector can thrive in the midst of a looming recession, or whether it will be scrambling to simply survive.