The latest news
Joe Browns opens first new store in four years
Lifestyle fashion and home retailer Joe Browns continues its physical store rollout opening a store in Bowness-on-Windemere “putting the affluent lakes area firmly on the fashion map”.
Giorgio Armani Mare starts resort and city pop-up tour
As consumers globally get the travel bug again, Giorgio Armani Mare is backing its SS23 offer via a series of pop-ups in “the most important cities and destinations in Europe and Asia”.
Chanel to double London HQ space
News last week that Chanel’s sales rose in double digits in 2022 was followed by the company saying it would double the size of its global HQ in London’s Mayfair and will move in during 2025.
New official figures show UK tourist visits still well behind 2019
The Office for National Statistics International Passenger Survey has shown that tourist visitors to the UK are well below 2019 levels with the New West End Co directly blaming the abolition of tax-free tourist shopping.
Louis Vuitton unveils luxury lounge at Doha's Hamad International Airport
Louis Vuitton has announced the opening of the Louis Vuitton Lounge by Yannick Alléno, a new culinary concept in partnership with Qatar Duty Free at Hamad International Airport, Doha.
New data shows end of UK VAT-free shopping again boosts Europe
The UK government has been asking for evidence that the end of the VAT-three shopping perk for tourists is hurting British retail and payment software specialist Planet came up with some of that again on Friday.
Liverpool One gets record Eurovision boost
The result might not have been a good one for the UK’s entrant at last weekend’s Eurovision Song Contest, but Liverpool, which staged the event, enjoy record 2023 footfall and sales at its key shopping mall.
Burberry upbeat as growth continues, Q4 shines and China recovers
Burberry’s preliminary results for the year to 1 April saw more growth with its CEO calling it “a strong performance, supported by good progress in core leather goods and outerwear". And revenue accelerated in Q4.
Harrods boss says government burying heads in sand over VAT perk for tourists
Harrods MD Michael Ward has said it's time for the government "to wake up and smell the coffee” after a minister said retail needs to provide evidence for its claims about the benefits of VAT-free tourist shopping.
Affluent and younger shoppers are most eco-focused says ESW
It may not come as a surprise, but research seems to have confirmed that the highest value e-shoppers are the most sustainability-focused in a world of consumers who are generally prioritising eco-awareness more often.
'Revenge spending' by Chinese shoppers to boost UK says bank boss
Expect a wave of pent-up consumer spending to significantly boost the British economy this year. It’s heading to the UK from China and it’s called ‘Revenge Spending’ with shoppers backed by £760 billion in savings.
Antler in brand relaunch, reimagines label for new era of luxury travel
Antler, the upscale British luggage brand, is relaunching itself following a turbulent few years and a bounce-back that sees it aiming to “re-establish itself as ‘THE British Travel Brand’.
Dufry sales beat forecasts on Autogrill integration, travel rebound
Dufry on Wednesday beat market expectations for first-quarter sales, aided by its acquisition of Italian motorway caterer Autogrill and growing global travel demand, but made no changes to its full-year forecast.
Chinese company earnings reveal lopsided economic recovery
People in China splashed out on dining, travel and luxury goods after emerging from three years of pandemic restrictions but are still not spending freely on routine consumer items.
Westminster chief calls for more help in fight against 'American candy' stores
The blight of London Oxford Street’s ‘candy store’ infestation is coming under closer scrutiny by Westminster City Council with its leader urging for faster central government intervention to tackle the issue.
Estée Lauder sinks after dour 2023 view on slow Asia travel retail
Estée Lauder Cos on Wednesday forecasted a bigger drop in full-year sales and profit, disappointing Wall Street; that was expecting better results on rebounding travel retail after Covid-19 restrictions eased globally.