Luxury Goods
Luxury Goods explores the strategies, performance, and market trends defining the UK’s premium and high-end retail sector. This section covers brand innovation, consumer behaviour, store design, digital engagement, and sustainability within the luxury market. Retail Sector’s Luxury Goods coverage delivers insight for executives, brand managers, and suppliers seeking to understand how evolving tastes, global influences, and economic conditions shape growth and competitiveness across the luxury retail landscape.
-
Nov- 2025 -13 November
Burberry posts first quarterly sales growth in two years
Burberry has revealed that its sales grew 2% in the three months ended 27 September 2025, its first quarterly sales growth in two years. The company stated that this growth came off the back of a turnaround in China, with sales growing 3% in the quarter, following a 5% decrease…
Read More » -
6 November
Watches of Switzerland HY revenues up 10% to £845m
Watches of Switzerland has revealed that its revenues rose 10% to £845m for the half year ended 26 October 2025. The retailer said that demand for luxury watches remained robust and continued to exceed supply, with consistent additions to and conversions of the client Registration of Interest lists. As a…
Read More » -
5 November
Capri Holdings Q2 losses widen ahead of Versace sale
Capri Holdings has reported that revenues from continuing operations fell 2.5% to $856m (£675m) for the second quarter ended 27 September, as the company prepares to complete the sale of its Versace brand to Prada. On a constant currency basis, sales were down 4.2% at the New York-listed luxury group…
Read More » -
4 November
Mulberry boss calls on govt to scrap tourist tax
Mulberry CEO Andrea Baldo has called on the government to consider scrapping the tourist tax as it looks to increase growth in the economy. Baldo told The Telegraph that reintroducing tax-free shopping for tourists would “be beneficial for the economy”. He also believes that it would help luxury manufacturers such…
Read More » -
Oct- 2025 -15 October
LVMH Q3 revenues reach €18.28bn as luxury demand stabilises
LVMH Moët Hennessy Louis Vuitton reported revenue of €18.28bn (£15.9bn) for the third quarter of 2025, marking 1% organic growth as improving demand in Asia and the United States offset softer sales in Europe. The world’s largest luxury goods group said currency effects reduced quarterly revenue by about 5%, while…
Read More » -
10 October
Frasers Group acquires majority stake in The Webster
Frasers Group has announced that it has acquired a majority stake in US-based luxury retailer The Webster, marking its first expansion into the North American market. The Webster, founded in 2008 by chief executive Laure Hériard Dubreuil, operates 13 boutiques across North America and represents more than 100 international brands.…
Read More » -
8 October
Mulberry to open autumn pop-up at Gunwharf Quays
British luxury brand Mulberry will open a temporary store at Gunwharf Quays later this month as part of landlord Landsec’s strategy to grow the outlet’s premium retail offer. The pop-up will launch on 16 October, occupying 1,466 square feet of space at the waterfront shopping destination in Portsmouth. It will…
Read More » -
6 October
Harrods falls to FY loss as it sets aside £60m for abuse victims
Harrods has fallen to a pre-tax loss of £34.3m in its latest full-year results, as it set aside more than £60m as part of plans to compensate abuse victims of former chairman and owner Mohamed Al Fayed. Michael Ward, managing director of Harrods, said its pre-tax loss was in part…
Read More » -
2 October
Reeves set to scale back business rates plans for large retailers
Chancellor Rachel Reeves is reportedly planning to scale back plans to raise business rates on big retailers after warnings it could push up food prices, according to the Financial Times. The news comes after the Treasury had planned to put properties worth more than £500,000 into the highest tax band…
Read More » -
Sep- 2025 -29 September
Mytheresa FY sales jump 8.9% to €916m
LuxExperience has reported that its Mytheresa unit saw net sales rise 11.5% year-on-year to €248.9m (£217m) in the fourth quarter to 30 June, while full-year sales rose 8.9% to €916.1m (£799m). The group’s EBITDA also increased 73% over the year to €44.6m (£38.9m). The company said profitability improved as gross…
Read More »
