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Rolex is top 'superbrand' for UK, Nike makes top 10

Rolex is top 'superbrand' for UK, Nike makes top 10

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.
Luxury
High court dismisses attempt to salvage tax-free shopping

High court dismisses attempt to salvage tax-free shopping

​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.
Luxury
Debenhams to close as JD Sports walks away

Debenhams to close as JD Sports walks away

It looks to be all over for Debenhams as it was confirmed on Tuesday that the UK's oldest and largest department store business is to be liquidated following the end of last-ditch rescue talks.
Fashion
Net-A-Porter's von der Goltz joins Matchesfashion, Cranfield heads in opposite direction

Net-A-Porter's von der Goltz joins Matchesfashion, Cranfield heads in opposite direction

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.
Luxury
Marchetti steps down as YNAP CEO, remains Chairman, Lefebvre takes helm

Marchetti steps down as YNAP CEO, remains Chairman, Lefebvre takes helm

​Yoox Net-A-Porter has named a new CEO with Geoffroy Lefebvre, currently Group Digital Distribution Director at parent company Richemont, taking the helm on January 4.
Luxury
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
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
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
Harvey Nichols confirms plan to reopen Dundrum Dublin store

Harvey Nichols confirms plan to reopen Dundrum Dublin store

Luxury retailer Harvey Nichols has confirmed its commitment to its Dundrum Town Centre store in Dublin saying that the location will definitely reopen once the current Irish lockdown ends.
Luxury
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
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
Tom Ford launches watch made from 100% ocean plastic, partners with 52HZ for The Tom Ford Plastic Innovation Prize

Tom Ford launches watch made from 100% ocean plastic, partners with 52HZ for The Tom Ford Plastic Innovation Prize

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.
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