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Prisma Media to launch French edition of Harper's Bazaar in March

Prisma Media to launch French edition of Harper's Bazaar in March

Prisma Media, France’s leading magazine publishing group, will launch the French edition of U.S women's fashion magazine Harper's Bazaar next March, as the group announced in a press release on Tuesday.
Fashion
Retailers push for VAT-free shopping return to be fast-tracked

Retailers push for VAT-free shopping return to be fast-tracked

​The UK retail euphoria around news that VAT-free shopping for tourists is returning and will include EU visitors has been tempered by suggestions it won’t happen until 2024. But retail is pushing for an earlier date.
Fashion
UK to launch VAT-free shopping for all overseas tourists as mini-budget is unveiled

UK to launch VAT-free shopping for all overseas tourists as mini-budget is unveiled

​In what has been called a ‘mini budget’, the UK government on Friday not only said that it would bring back VAT-free shopping for tourists to Britain but that it would be a better system than the one abolished in 2021.
Fashion
Dior links with Harrods for Christmas celebration

Dior links with Harrods for Christmas celebration

​With the key festive selling season looming, Dior has announced that it’s paying “tribute to the unbreakable ties it has woven with Harrods over nearly 70 years, and to Christian Dior’s love of Christmas celebrations”. 
Luxury
Never Fully Dressed dips its toes in Los Angeles

Never Fully Dressed dips its toes in Los Angeles

The brand created by British designer Lucy Aylen, and popularized thanks to Instagram, opened its first pop-up store at Platform shopping location in Los Angeles.
Fashion
Shopify offers workers greater say in compensation structure to attract talent

Shopify offers workers greater say in compensation structure to attract talent

Shopify Inc said on Friday it has introduced a new compensation system that allows staff more flexibility in restructuring their awards between cash and equity, as it seeks to attract and retain workers.
Fashion
Alarm sounds over Quintessentially's future as auditor raises second "going concern" warning - report

Alarm sounds over Quintessentially's future as auditor raises second "going concern" warning - report

Concerns over the future of Quintessentially grow as auditors for the luxury members-only concierge service fear takeover talks are getting nowhere with BDO issuing a second "going concern" warning.
Luxury
Central Group reveals global luxe department store strategy after Selfridges buy

Central Group reveals global luxe department store strategy after Selfridges buy

​New Selfridges joint owner Central Group has been revealing details of its strategy as it works to boost its European operations and expand its relationship with luxury brands. 
Luxury
Giant Battersea Power Station mall to open on 14 October

Giant Battersea Power Station mall to open on 14 October

​It's finally happening. Nearly 40 years after Battersea Power Station closed as a working power generator, the listed historic site will reopen on 14 October as a major South London shopping and leisure destination.
Fashion
Trailblazing Selfridges to dive even deeper into sustainability

Trailblazing Selfridges to dive even deeper into sustainability

The retailer is going ramping up its circularity drive in response to demand and wants 45% of its interactions with customers to be based on resale, repair, rental and refill by the start of the next decade.
Luxury
Department stores face growing CSR challenges

Department stores face growing CSR challenges

IADS, the international association of department stores, has provided an assessment of the increasingly complex social and environmental responsibility policies adopted by its corporate members.
Fashion
VIA Outlets names Thierry Seang as Investment Director

VIA Outlets names Thierry Seang as Investment Director

The operator of 11 premium outlets has made the appointment as part of a “bold growth strategy in which Seang will be defining VIA Outlets’ inorganic growth strategy and executing real estate transactions”.
Fashion
Oxford Street footfall benefits from international travellers

Oxford Street footfall benefits from international travellers

London’s Oxford Street is slowly returning to its tourist-attraction best. Regarded as the UK busiest shopping destination before the pandemic struck, overseas visitor numbers in July were up 24% from the previous month.
Fashion
Selfridges sale completes, giant European group created, Stefano Della Valle is CEO

Selfridges sale completes, giant European group created, Stefano Della Valle is CEO

Thailand’s Central Group and Austria-based Signa Holding have completed the acquisition of luxury retailer Selfridges Group from the Weston Family and it’s now being integrated into their wider operations.
Luxury
Eurozone retail sales drop more than expected in June as prices rise

Eurozone retail sales drop more than expected in June as prices rise

Euro zone retail sales plunged more than expected in June as prices at factory gates continued to rise, data showed Wednesday, signalling a weakness in consumer demand that could herald a recession in H2.
Fashion
Sales and profit boom at Hermès in H1, China bounces back at end of period

Sales and profit boom at Hermès in H1, China bounces back at end of period

​Hermès saw a sales boom in Q2 as — like its luxury peers — it enjoyed strong growth in Europe and the US with China also recovering during June towards the end of the quarter.
Luxury