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Luxury goods
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5 Minutes With Mark Reardon, Founder, Made In Global

Monday 20 March 2017 - Posted by Elias Jahshan

After a career of 25 years working at some of the world’s leading branding and advertising agencies, Mark Reardon is now on a quest to democratise luxury goods with the recent launch of his new online fashion retailer Made In Global. Four years in the making, Reardon hopes to ...

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Aspinal of London secures new CEO amid expansion ambitions

Tuesday 14 March 2017 - Posted by Ben Stevens

Luxury handbag retailer Aspinal of London is to replace its chief executive Sarah Rotheram amid international expansion aspirations. Rotheram is understood to be returning to the beauty sector and will be replaced by Lisa Montague of Spanish leather goods company Loewe in Sept...

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Jimmy Choo posts drop in profits

Thursday 02 March 2017 - Posted by Ben Stevens

Jimmy Choo has reported a drop in profits, but a boost in sales helped by its growing menswear brand. The retailer's preliminary results show pre-tax profit dropped from £22.1 million in 2015 to £17.7 in the 12 months to December 31 last year. Despite this, revenues grew by 14...

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Jimmy Choo posts drop in profits

Thursday 02 March 2017 - Posted by Ben Stevens

Jimmy Choo has reported a drop in profits, but a boost in sales helped by its growing menswear brand. The retailer's preliminary results show pre-tax profit dropped from £22.1 million in 2015 to £17.7 in the 12 months to December 31 last year. Despite this, revenues grew by 14...

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More luxury retailers opened stores in London than any other city in 2016

Monday 20 February 2017 - Posted by Elias Jahshan

London’s status as the world capital for luxury retail has been reinforced with new data showing it had more luxury store openings than any other city in 2016. According to Global Luxury Retail report, the city saw a total of 41 new luxury openings last year – of which 15 were...

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Brilliant Inc relocates and upgrades London flagship

Thursday 16 February 2017 - Posted by Elias Jahshan

British jewellery retailer Brilliant Inc has relocated its London flagship store to a bigger location in Chelsea to meet increasing demand. Officially launched on February 10, the new store is located on 320 King’s Road, Chelsea and has a space of 953sq ft. Founded in 2005 by ...

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Prada's UK market bucks trend of struggling global sales

Tuesday 14 February 2017 - Posted by Elias Jahshan

Luxury goods retailer Prada experienced a dip in sales across all of its regions last year, with fewer tourists visiting its global flagship stores dragging growth. However, the Italian brand – which trades in the UK with a few flagship stores and concessions – said sales had ...

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Michael Kors records "disappointing" quarter

Tuesday 07 February 2017 - Posted by Elias Jahshan

Michael Kors recorded a drop in sales in its latest trading quarter and confirmed plans to cut back promotions in North America to boost average retail prices. The luxury accessories and fashion retailer said average selling prices in its third quarter ending December 31 – whi...

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Pandora's sales skyrocket over Christmas period

Tuesday 07 February 2017 - Posted by Ben Stevens

Danish jewellery retailer Pandora has reported a welcome spike in sales, boosted by a strong performance in the UK. Group sales in the last three months of the year shot up by 21 per cent, bringing its full year sales up to £2.4 billion. The retailer reveled in an 80 per cent ...

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Tiffany & Co CEO steps down amid struggling financial results

Monday 06 February 2017 - Posted by Elias Jahshan

The chief executive of Tiffany & Co has stepped down amid continued financial struggles and disappointing trading results for the upmarket jewellery retailer. The famed luxury retailer – which has five standalone stores in London, two at Heathrow airport and concessions with S...