×

Miscellaneous

The latest news

Harrods names new finance chief as pandemic recovery continues

Harrods names new finance chief as pandemic recovery continues

​Luxury department store Harrods has finally appointed its first chief financial officer in five years. Tim Parker will join the business after 10 years at Hong Kong-based, London-listed conglomerate Jardine Matheson.
Luxury
Delivery issues are deal-breakers for most marketplace e-shoppers - report

Delivery issues are deal-breakers for most marketplace e-shoppers - report

​Delivery systems that can be trusted have always been essential for online retailers in keeping consumers happy. But research shows delivery is now one of the biggest deal-breakers.
Luxury
Liberty London uses robotic process automation to get products onto webstore faster

Liberty London uses robotic process automation to get products onto webstore faster

​Part of department store Liberty London’s appeal may be its traditions and its ‘old world’ charm, but the business is continuing to embrace technology as it moves forward post-pandemic.
Luxury
Klarna announces job cuts, 10% of posts to go

Klarna announces job cuts, 10% of posts to go

​BNPL may be booming but a troubled global economy is still presenting challenges to operators in the segment and news has emerged that one of the biggest operators, Klarna, is cutting 10% of its workforce.
Fashion
West End landlord Shaftesbury hails footfall recovery, rising property values

West End landlord Shaftesbury hails footfall recovery, rising property values

​Shaftesbury, the West End property giant that's in talks about a merger with Capco, has reported what might be its last set of results before a merger is unveiled with footfall up and its portfolio value growing.
Fashion
Big luxury names still back physical retail, London, Paris, NYC are key

Big luxury names still back physical retail, London, Paris, NYC are key

Major global brands will “continue betting on physical retail to drive sales in resilient destination cities”, a Savills report says. And it named New York, Paris and London as “the most attractive cities for retailers”.
Fashion
Canada bans luxury goods trade with Russia, sanctions 14 other individuals

Canada bans luxury goods trade with Russia, sanctions 14 other individuals

Last Friday, Canada announced a ban on trade in luxury goods with Russia, and added 14 other individuals, including known oligarchs, to the list of sanctions imposed in connection with the Russian invasion of Ukraine.
Luxury
Luxe sector calls for return of UK VAT-free shopping as spending plummets

Luxe sector calls for return of UK VAT-free shopping as spending plummets

​Luxury businesses have renewed calls for the UK government to reverse its decision to end VAT-free shopping for tourists, saying Britain is losing out to other European countries as big-spenders go elsewhere.
Fashion
Grosvenor's strong recovery boosted by improving retail scene

Grosvenor's strong recovery boosted by improving retail scene

​Grosvenor has delivered a significant improvement in its financial performance in the latest year. The group owns vast tracts of land in key area like London’s Mayfair, as well as the Liverpool One mall.
Fashion
Balenciaga makes historic show on Wall Street in New York

Balenciaga makes historic show on Wall Street in New York

Designer Demna reimagined the excess and greed associated with the Big Apple in the eighties. 
Luxury
Louis Vuitton and Nike Air Force 1 present new exhibition

Louis Vuitton and Nike Air Force 1 present new exhibition

Louis Vuitton and streetwear brand Nike are presenting an exhibition in honor of Virgil Abloh’s take on the Nike Air Force 1 sneaker from May 20 to 31 in New York City. 
Luxury
Mercedes-Benz joins the Aura Blockchain Consortium

Mercedes-Benz joins the Aura Blockchain Consortium

The German group is the fifth founding member, and the only car manufacturer, to join the global blockchain platform dedicated to the luxury industry, formed by heavyweights LVMH, Prada, Cartier and the OTB Group.
Luxury
It's bad: UK consumer confidence falls to its lowest since 1974

It's bad: UK consumer confidence falls to its lowest since 1974

​UK consumer confidence tumbled again in May — this time to its lowest level in almost 50 years — after the cost-of-living crisis deepened and concerns over the economy and personal finances grew.
Fashion
Adidas x Gucci and the $1,600 umbrella that's being ridiculed in China

Adidas x Gucci and the $1,600 umbrella that's being ridiculed in China

After going viral in a matter of hours, the much anticipated collaboration between Adidas and Gucci is a hot topic right now in China, but not necessarily for the right reasons.
Luxury
Kim Jones and Eli Russell Linnetz: A perfect match for Dior Men's 2023 capsule

Kim Jones and Eli Russell Linnetz: A perfect match for Dior Men's 2023 capsule

Kim Jones, artistic director of the Dior house, chose Los Angeles and the Venice district to present his 2023 capsule collection, produced in collaboration with Californian designer Eli Russell Linnetz.
Luxury
ONS says UK retail sales moved up in April, fashion did well

ONS says UK retail sales moved up in April, fashion did well

​Official retail sales figures for the UK in April were released on Friday and they showed volumes ticking upwards again after they’d fallen during March.
Fashion