Hermès had a good first quarter as all of its business lines returned to growth and the company said it saw "a remarkable increase" in ready-to-wear and accessories, as well as watches and other categories.
The house of Karl Lagerfeld, a designer who loved a five-star hotel as much as any creator, has inked a deal to supply its hair care and skin care to luxury hotels internationally.
Numbers for the reopening of non-essential retail in England continue to look good. The latest come from the London Designer Outlet (LDO) where sales jumped 148% compared to June 2020’s reopening.
As retailers and their landlords pull out all the stops in order to attract as many shoppers as possible back into their stores, landlord Shaftesbury has relaunched an initiative in the Seven Dials area.
John Lewis Partnership may be closing some of its department stores, but it's also investing in its flagship properties and it's about to start renovating the facade of its Peter Jones store in London’s Chelsea.
Marks & Spencer is upping its online game. The UK retail giant has begun work on extending its Bradford DC distribution centre to become a second online warehouse for M&S.com.
With the retail lights back on in England, UK property giant Hammerson said Tuesday initial footfall since the 12 April reopening has been “encouraging” and “competitive with pre-pandemic levels”.
Primark was a big problem for its owner Associated British Foods in the first half as the enforced closure of many stores drove down revenues and profits.
The much-talked-about project by Westminster City Council, the Marble Arch Hill climbable instillation at the end of London’s Oxford Street, will open in June.
The company called it a milestone and said it helps drive a “paradigm shift toward eco-responsible production and eco-conscious consumption of fashion and home textile items".
Reopening week seems to have been a good one for retailers in England and Wales, and especially for the hard hit West End of London, even though international tourists are still absent.
Hammerson is to slash rents for its retail tenants by around 30% as UK stores reopen post-Lockdown 3. UK & Ireland MD Mark Bourgeois said that “typically, we're resetting our rents to more affordable levels”.
Studio Retail is no longer for sale. The company has received plenty of interest in the business, but said its recent strong trading suggests that it can create greater value for shareholders as a pureplay retailer.
With European populations slowly but surely being vaccinated, designers on the Continent are suddenly expressing a new optimism. Few more so than Demna Gvasalia of Balenciaga in Balenciaga's winter 2021 pre-collection.
On Thursday, the world’s number one luxury group detailed its commitments to eco-design and product traceability, presenting the new environmental road map underlying LVMH’s LIFE 360 programme.
