LVMH posts double digit sales growth
LVMH has hailed the strong performance in its fashion brands as sales grow by double digits throughout its third quarter.
Yoox reveals it is working on own-label launch
Luxury retailer Yoox has revealed that it will launch its first own-label range in the next few weeks.
Chief executive Federico Marchetti announced the news...
MySale boasts another year of record sales as CFO departs
MySale has reported a double-digit profit rise hailing “another set of record results” as it cashes in on improvements.
Harrods tops £2bn in sales for second year but warns of falling international spend
Harrods has topped £2 billion in sales for the second year running as it vows to ramp up investment into its boutiques.
Luxury handbag brand Anya Hindmarch losses grow to £28.2m
Luxury leather accessories brand Anya Hindmarch has revealed significant losses as it continued to renew “operational rigour”.
Second hand-luxury store Designer Exchange opens 5th UK store
The Designer Exchange is due to open its fifth UK store in the heart of Chelsea as demand for “pre-loved” luxury goods continues.
Michael Kors confirms purchase of Versace for £1.6bn
Michael Kors has confirmed that it is set to purchase Italian fashion icon Versace for an estimated $2.12 billion (£1.61 billion)
Versace on verge of being sold for $2bn
Versace is reportedly on the verge of being sold for as much as $2 billion (£1.53 billion).
London Fashion Week provides “brief relief” for West End retailers
The second London Fashion Week (LFW) event of the year is taking place this week from September 13 until September 18, and has been celebrated as an encouragement for shoppers during difficult times for retail.
Balenciaga accused of offensive display in London’s Selfridges store
Both Balenciaga and Selfridges have apologised following the backlash against the campaign which saw outraged shoppers take to Twitter to express their concerns.
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