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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Aug- 2021 -4 August
Hugo Boss reaches near-pre-pandemic sales levels
Hugo Boss has reported a near-return to pre-pandemic sales of €629m (£536m) in Q2 FY21, falling 4% when compared to…
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4 August
DMR expands presence in Liverpool with Omega boutique
David M Robinson (DMR) has expanded its presence in Liverpool One shopping district with the opening of a mono-brand Omega…
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2 August
Hermes H1 net income reaches £1bn
Women’s bags and clutches retailer Hermes saw net income soar to €1.17bn (£999m) during the first half of FY21, up…
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Jul- 2021 -27 July
LVMH reports 56% H1 revenue spike
Moët Hennessy Louis Vuitton (LVMH) has reported a 56% year-on-year revenue rise to €27.7bn (£23.7bn) in H1 FY21. Organic revenues…
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16 July
Liberty London swings to £12.6m loss in FY21
Liberty London has swung to a management EBITDA loss of £12.6m for the 52 weeks ended 30 January 2021, following…
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8 July
Watches of Switzerland revenues hit £905m in FY21
Watches of Switzerland has seen its revenue rise by 13.3% to £905.1m in the year ended 2 May, 2021, with…
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Jun- 2021 -9 June
LVMH launches £26m global support fund for employees
LVMH has announced the launch of its Heart Fund, a global emergency and support fund for its 150,000 employees, with…
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3 June
Grosvenor takes minority stake in Roland Mouret
Property Group Grosvenor Britain and Ireland has revealed that it has taken a minority stake in Roland Mouret, the luxury…
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2 June
Moncler appoints new chief brand officer
Moncler has announced that Gino Fisanotti has been appointed to the newly created position of chief brand officer, with effect…
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May- 2021 -24 May
Capri announces boardroom changes
Capri Holdings, a global luxury fashion group, has announced that M William Benedetto is set to retire from his role…
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