LVMH, the world's leading maker of luxury goods, said Monday that sales and profits had bounced back strongly in the first six months of 2021 as demand soared after the pandemic-induced slump last year.
At a time when the French luxury industry’s craft trades need to hire over 8,000 new artisans each year, the luxury giant has involved its 75 labels in a drive to promote craftsmanship skills and attract talent.
Harrods opened its new Hair & Beauty Salon on Monday after a makeover for the location. The 16,985 sq ft space has new “game-changing” features and “must-have” products from “the world’s most innovative beauty brands”.
Another major UK retailer is upping its supply chain credentials. JD Sport Fashion will open a 514,000 sq ft warehouse complex on the outskirts of Derby towards the end of the year, employing up to 500 people.
Marks & Spencer is ramping up its fashion focus. And no, there are no new collections to report. Rather the UK retail giant is to introduce a groundbreaking same-day delivery service for clothing, faster than its rivals.
Bally has gone for big and bold with its new London flagship store. Situated on Regent Street, the latest Bally Haus concept store comes with a high degree of historical and contemporary artistic content.
LK Bennett is launching the fashion rental service that was flagged earlier in the year. LK Borrowed, its first monthly subscription rental service, lets shoppers “rent some of our most popular pieces”, it said.