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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Jan- 2022 -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…
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19 January
Burberry sees recovery with profits rising to £723m
Burberry Group plc has increased its operating profit expectations to grow by 35%, following a 5% increase in revenue to…
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Dec- 2021 -7 December
Harrods launches new partnership with Klarna
Luxury retailer Harrods has announced a new partnership with Klarna, a global retail bank, in a bid to offer customers…
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Nov- 2021 -11 November
Burberry recovers as revenues return to pre-covid levels
Burberry has reported operating profits of £196m, an increase of nearly four times the figure of the same time last…
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8 November
Burberry builds on climate commitment with new biodiversity strategy
Burberry has announced its biodiversity strategy to support global conservation efforts, adding it will “take action to protect, restore and…
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Oct- 2021 -20 October
Burberry appoints new CEO
Burberry has announced the appointment of Jonathan Akeroyd as its newest CEO and executive director, effective 1 April 2022. He…
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19 October
Welsh brand Au Vodka tops list of UK’s fastest growing online companies
A world-leading Retail Operating System has curated a list of the 50 fastest growing e-commerce brands of the ‘pandemic era’,…
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19 October
Au Vodka reveals gold standard for success after being crowned Winner in Brightpearl’s Lightning 50
Key facts Lightning 50 Overall Winner, plus Regional Winner in Wales and Winner in the Luxury Sector 10,000% YoY growth…
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13 October
LVMH sees revenues up 46% to €44bn
Luxury fashion house LVMH has reported a 46% increase in group revenues for the first nine months of the year…
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Sep- 2021 -27 September
Burberry appoints new chief digital and analytics officer
Burberry has announced the appointment of CP Duggal as its newest chief digital and analytics officer, effective 30 September 2021.…
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