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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Apr- 2018 -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 £4bn 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 ‘sexist’ ads after backlash
Watchmaker Breitling has removed ads featuring women wearing ‘skimpy outfits’ 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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22 January
Richemont in £2.4bn bid for Yoox Net-A-Porter
Swiss luxury retailer Richemont has made a bid to acquire online retailer Yoox Net-A-Porter Group (YNAP) for £2.4bn. The company,…
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17 January
Hugo Boss reports a strong final quarter for 2017
Hugo Boss has “achieved its goals for 2017” following strong sales in its final quarter, it has reported in its…
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