Rolex has been named the top brand in the UK in this year’s Superbrands list. It moved up four places from 2019 to take the top spot, beating a raft of finance, technology, toy, travel and food brands.
The end of tax-free shopping for tourists in its current form is a step closer. The High Court has dismissed a claim that the government didn't consider the “devastating impact” of the rule change on retail and travel.
Matchesfashion and Net-A-Porter are playing a game of senior musical chairs with one of the leading lights of the latter joining Matches, while its commercial chief heads for a role at Richemont-owned Net-A-Porter.
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."
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.
The timepiece, made from 100% ocean plastic, launches alongside The Tom Ford Plastic Innovation Prize, a prize that aims to fight against ocean plastic pollution, offering an award total of $1 million.
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.