Luxury Goods
The latest news, updates and analysis on the luxury goods segment of the the UK retail industry. Sign up to the Daily Briefing and let Retail Sector’s business journalists keep you in the picture.
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Apr- 2023 -20 April
Mulberry revenues in line with expectations for FY23
Mulberry has revealed that for the financial year ended 1 April trading was in line with the group’s expectations, with…
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19 April
Brunello Cucinelli revenues jump 34.7% in Q1
Brunello Cucinelli has revealed that for the first quarter of 2023, net revenues jumped by 34.7% to €265.3m (£233.5m) compared…
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6 April
Cerruti 1881 and Kent and Curwen acquired for £83m
Biem.L.Fdlkk Garment, a Chinese golf clothing brand, has acquired French fashion label Cerruti 1881 and British menswear brand Kent and…
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Mar- 2023 -10 March
Prada reports profits rise 21% to €4.2bn for FY22
Prada Group has reported that its 2022 revenues increased to €4.2bn (£3.7bn), marking a 21.3% rise over 2021, according to…
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Jan- 2023 -25 January
Michael Kors appoints new CEO
Michael Kors owner Capri Holdings has announced the appointment of Cedric Wilmotte as the CEO of Michael Kors effective 3…
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Dec- 2022 -14 December
Watches of Switzerland sees H1 results surge 31% to £765m
Watches of Switzerland has revealed its revenues increased 31% to £765m during the first half of the year ended 30…
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8 December
Prada eyes new CEO amid leadership reshuffle
Italian luxury fashion house Prada is reportedly looking to recommend Andrea Guerra, the former CEO of Luxottica, as the new…
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Nov- 2022 -30 November
Mulberry reports £3.8m loss in H1
British sustainable luxury brand Mulberry reported a pre-tax loss of £3.8m in the first half of this year, down from…
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22 November
Watches of Switzerland expands Canary Wharf showroom
Watches of Switzerland has unveiled its newly refurbished Canary Wharf showroom, having added the unit next door, more than doubling…
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16 November
Richemont sees sales surge but performance hampered by YNAP loss
Luxury jewellery retailer Richemont has reported strong sales and profit increase for the first half of the year but the…
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