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 Sectorโs business journalists keep you in the picture.
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Apr- 2018 -25 April
Kering revenue boosted by Gucci’s ‘spectacular growth’
Luxury goods group Kering has announced 36.5% revenue growth for the first quarter of 2018, driven by a 49% rise…
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23 April
Alibaba and Valentino create 3D virtual store
Alibaba has partnered with Valentino to create an virtual 3D store that can be browsed by visitors to Alibabaโs Tmall…
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16 April
Dr Gerry Murphy joins Burberry board as chairman designate
Dr Gerry Murphy is set to take over as chairman designate at Burberry after Sir John Peace stepped down after…
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10 April
Counterfeiting hits nearly half of brands
Almost half (47%) of brands lose sales revenue to counterfeit or pirated goods, new research from brand protection firm MarkMonitor…
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Mar- 2018 -26 March
Gucci owner Kering faces tax investigations
Swiss prosecutors have opened an investigation into luxury fashion giant Kerring over alleged tax evasion after a request for assistance…
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12 March
Farfetch poised to make ยฃ4bn IPO after hiring US banks
Online luxury retailer Farfetch has hired bankers from JP Morgan and Goldman Sachs as it readies itself to make an…
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1 March
Burberry appoints Riccardo Tisci as chief creative officer
Burberry has announced that Riccardo Tisci has been appointed chief creative officer, replacing longtime creative chief Christopher Bailey effective 12…
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Feb- 2018 -15 February
Burberry announces partnership with Farfetch
Fashion brand Burberry has announced a partnership with online retailer Farfetch which will see its entire global inventory made available…
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13 February
Breitling removes โsexistโ ads after backlash
Watchmaker Breitling has removed ads featuring women wearing โskimpy outfitsโ after receiving complaints from customers. Some of the adverts portrayed…
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Jan- 2018 -26 January
London and New York named key locations for luxury watch brand expansion
London and New York could provide key opportunities for luxury watch brands seeking expansion in 2018. Real estate advisor Savills…
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