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.
-
Apr- 2022 -21 April
Hugo Boss to launch premium resale platform
Hugo Boss is set to launch its premium resale platform in the third quarter of 2022 where customers can buy…
Read More » -
12 April
Watches of Switzerland unveils leadership shakeup
The Watches of Switzerland Group PLC has announced the appointment of Chabi Nouri to the board as an independent non-executive…
Read More » -
Mar- 2022 -22 March
Kering appoints CEO of Alexander McQueen
Kering has announced the appointment of Gianfilippo Testa as the new chief executive officer (CEO) of Alexander McQueen, effective May…
Read More » -
17 March
Prada FY21 revenues spike 41% to €3.36bn
Prada S.p.A has reported its revenues increased 41% year-on-year to €3.36bn (£2.82bn) in the full year ending 31 December 2021,…
Read More » -
14 March
Yoox Net-A-Porter unveils luxury menswear resale service
Yoox Net-A-Porter has announced the launch of its new dedicated luxury resale service for menswear, Mr Porter Resell, as part…
Read More » -
Feb- 2022 -18 February
Kering hails ‘record’ revenues of €17.64bn
Kering has reported “record” revenues of €17.64bn (£14.72bn) in FY21, up 35% year-on-year from €13.1bn (£10.93bn) and up 13% from…
Read More » -
10 February
Watches of Switzerland sales soar amid ‘thriving’ market demand
The Watches of Switzerland Group PLC has reported its revenues surged 27.9% year-on-year to £348.1m in the 13 weeks to…
Read More » -
2 February
Prada appoints two new independent non-executive directors
Prada has announced the appointment of Pamela Culpepper and Anna Maria Rugarli as independent non-executive directors, taking the board up…
Read More » -
Jan- 2022 -25 January
Kering offloads Girard-Perregaux and Ulysse Nardin
Kering has announced an agreement to sell its entire stake in Sowind Group SA, which owns the Swiss watch manufacturers…
Read More » -
21 January
Hugo Boss hails 51% rise in sales amid ‘record’ quarter
Hugo Boss has reported its revenues increased year-on-year by 51% to €906m (£757m) in the fourth-quarter (Q4) of 2021, with…
Read More »
