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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Jun- 2018 -22 June
Chanel reveals profits for the first time
Fashion brand Chanel has released its profit figures for the first time in its 108-year history. Chanel saw an 18%…
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20 June
Hornby announces £10.1m loss
Hornby has announced a pre-tax loss of £10.1m and “lower than expected sales” leading to shares plummeting by 20% this…
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1 June
Lush ‘anti-police’ campaign heavily criticised
Cosmetics retailer Lush has been shrouded in controversy after releasing window displays described by many on social media as “anti-police”.…
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May- 2018 -17 May
House of Fraser landlord anger nullified by stock exchange rules
House of Fraser’s relations with a range of stakeholders worsened today after several landlords expressed anger at proposed rent reductions…
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4 May
1,000 jobs at risk after Calvetron enters administration
Over 1,000 jobs are on the line after fashion retailer Calvetron entered administration. The company behind Windsmoor and Jacques Vert…
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3 May
Hugo Boss reports ‘good start to 2018’ with Q1 sales growth
Hugo Boss has reported a “good start to 2018” in which it saw currency adjusted group sales up 5% to…
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2 May
Clothing retailers ban mohair following PETA investigation
Clothing retailers Arcadia Group, H&M and Inditex have banned the use of mohair in their products following a PETA investigation…
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Apr- 2018 -26 April
London cake shop launches ‘edible tampon’ macarons
A London cake shop, Ohlala, is selling tampon-shaped macarons in support of Bloody Good Period, a charity which supplies free…
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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 Alibaba’s Tmall…
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