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- 2023 -4 August
Mulberry revenues up 4% in FY23 despite UK sales drop
The luxury handbag brand, Mulberry, has revealed that revenues increased 4% to £159.1m for the year ended 1 April, an…
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Jul- 2023 -26 July
LVMH revenues up 15% for H1 2023
LVMH, the owner of Moët Hennessy Louis Vuitton, has posted revenues of €42.2bn (£36.2bn) for the first half of 2023,…
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13 July
Watches of Switzerland profits jump 23% to £155m
Watches of Switzerland has posted a 23% increase in profits to £126m, up to £155m, for the year ended 30…
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6 July
Dune London partners with Reskinned on take-back scheme
Dune London has announced a partnership with clothing repair and resale company Reskinned on the launch of a take-back programme. …
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3 July
The Vampire’s Wife served winding up petition by HMRC
The Vampire’s Wife has been issued with a winding up petition from HMRC on Friday (30 June), according to filings…
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3 July
Mulberry turns down Mike Ashley’s attempt to join board
Mulberry has reportedly rejected Mike Ashley’s efforts to join its board, according to The Times. It is understood that in…
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May- 2023 -24 May
Barbour names UK&I managing director
Barbour has announced the promotion of Paul Wilkinson, the brand’s global marketing, commercial and managing director in the US, as…
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22 May
LK Bennett profits hit £30m amid spike in eventwear sales
LK Bennett has reported a 40% rise in its gross profit for the year ended January 2023 to over £30m,…
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19 May
Farfetch falls to £140m loss in Q1
Luxury fashion platform Farfetch revealed a loss after tax of $174m (£140m) for the first quarter ended 31 March 2023,…
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17 May
Watches of Switzerland revenues hit £1.5bn in FY23
Watches of Switzerland has revealed that the group’s revenues reached £1.5bn for the year ending 30 April, as its UK…
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