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Jewellery

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Harvey Nichols owner Dickson Concepts in profit, despite tough H1

Harvey Nichols owner Dickson Concepts in profit, despite tough H1

​The six months to the end of September may have been a devastating time for retailers, but Dickson Concepts managed to turn a profit in the first half of its financial year, despite lower sales.
Luxury
Net-A-Porter MD Brandolese exits after streamlining

Net-A-Porter MD Brandolese exits after streamlining

​Net-A-Porter’s managing director Nicola Brandolese has left his role at the Richemont-owned luxury e-tailer after little over a year at the helm.
Luxury
Liberty using store staff to energise digital offer

Liberty using store staff to energise digital offer

​With its flagship department closed for now, Liberty London is aiming to make the best of the festive shopping season by putting its store staff in front of online shoppers.
Fashion
YNAP publishes major new sustainability strategy

YNAP publishes major new sustainability strategy

​Yoox Net-A-Porter has unveiled a new sustainability strategy called Infinity that’s “designed to bring luxury and fashion back into balance with our planet”.
Fashion
Mulberry upbeat as losses narrow, Asia outperforms

Mulberry upbeat as losses narrow, Asia outperforms

Mulberry is in the news because of Frasers Group’s potential takeover bid at present, but on Thursday, it also hit the headlines with its half-year results… and they made for encouraging reading.
Luxury
Alexander McQueen introduces seamless omnichannel strategy

Alexander McQueen introduces seamless omnichannel strategy

​Alexander McQueen has embarked on a new omnichannel strategy having spent the last two years (and especially the last few months) preparing its stores for the new seamless physical-to-digital world.
Luxury
LVMH commits to campaign to stop violence against women

LVMH commits to campaign to stop violence against women

LVMH has announced plans to enhance its commitment to the campaign to prevent violence against women. The luxury group revealed it will donate funds to cover 1,000 hotel nights for the non-profit “Fondation des Femmes." 
Fashion
Gucci's evolution from aspirational label to inspirational brand

Gucci's evolution from aspirational label to inspirational brand

Faced with consumers who are increasingly demanding in terms of brand values, luxury labels are undergoing a sea change, extending their vision beyond products. Gucci more than others, through its unique initiatives. 
Luxury
Tiffany beats profit estimates on soaring China demand

Tiffany beats profit estimates on soaring China demand

Tiffany & Co beat Wall Street expectations for quarterly profit on Tuesday as the U.S. jeweler benefited from an over 70% rise in sales in China and a recovery in demand at home.
Luxury
German online retailer Mytheresa confidentially files for U.S. IPO

German online retailer Mytheresa confidentially files for U.S. IPO

German online luxury retailer Mytheresa Group GmbH’s parent company said on Monday it had confidentially filed for an initial public offering in the United States.
Luxury
Luxury giants increase their grip on sector, growth continues but landscape shifts

Luxury giants increase their grip on sector, growth continues but landscape shifts

​The luxury goods industry was expanding healthily before the pandemic hit, but while sales were strong, a select group of luxury giants dominated the sector overall. 
Luxury
Valentino, 'naked' dresses and bra tops are key for upbeat luxe shopper says Moda Operandi

Valentino, 'naked' dresses and bra tops are key for upbeat luxe shopper says Moda Operandi

​There may be a consensus that stuck-at-home consumers will be buying sweatpants and other comfort clothing for the foreseeable future, but a new Moda Operandi trend report suggests the future for fashion is brighter.
Fashion
De Beers diamond sales rise as demand recovers from Covid-19 hit

De Beers diamond sales rise as demand recovers from Covid-19 hit

Sales of rough diamonds at De Beers rose more than 12% in the latest sales cycle, as demand improves on the back of easing Covid-19 restrictions and ahead of the December festive season.
Luxury
Global luxury goods sales set for largest ever fall in Bain forecast

Global luxury goods sales set for largest ever fall in Bain forecast

Sales of luxury goods worldwide are set to fall by 23% to 217 billion euros this year, their largest ever drop and first since 2009, due to the fallout from the coronavirus pandemic, consultancy Bain said on Wednesday.
Luxury
Burberry gets sustainability index boost

Burberry gets sustainability index boost

​Hot on the heels of Moncler revealing its strong showing in the new Dow Jones Sustainability Index (DJSI), Burberry said it has been included in the ranking for the sixth consecutive year with its highest ever score. 
Luxury
Gucci unspools new collection in online fashion TV series, Ouverture of Something That Never Ended

Gucci unspools new collection in online fashion TV series, Ouverture of Something That Never Ended

Gucci debuted its fashion TV series on Monday evening, featuring its latest collection, an online innovation entitled Ouverture of Something That Never Ended, jointly directed by Alessandro Michele and Gus Van Sant.
Luxury