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 Sectorโs business journalists keep you in the picture.
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Apr- 2024 -26 April
Burberry faces takeover threat after share drop
Burberry is at risk of takeover after losing a fifth of its value since the start of the year, The…
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24 April
Kering revenues dip 11% to โฌ4.5bn in Q1
Keringโs revenues were down 11% to โฌ4.5bn (ยฃ3.8bn) for the first quarter of 2024 as Gucci, Yves Saint Laurent and…
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19 April
Mytheresa FY24 guidance โat lower endโ despite healthy Q3 sales
Mytheresa has confirmed that its guidance for FY24 to 30 June will be โat the lower endโ of its estimated…
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18 April
LVMH revenues up 3% in Q1 despite economic uncertainty
Luxury group LVMH has reported a revenue growth of 3% to โฌ20.7bn (ยฃ17.7bn) in the first quarter of 2024, marking…
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9 April
Swarovski to launch standalone boutique in Merry Hill
Luxury brand Swarovski is returning to West Midlands destination Merry Hill with the launch of a standalone boutique set to…
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4 April
Mytheresa mulls bid for Yoox Net-a-Porter
Mytheresa is reportedly among possible bidders who are looking to acquire underperforming ecommerce business Yoox Net-a-Porter from Swiss luxury group…
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Mar- 2024 -20 March
Mike Ashley takes consultancy role at Hornby
Mike Ashley is set to advise model train company Hornby as a consultant after building a stake in the firm.…
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20 March
Kering warns first quarter revenues to decline by 10%
Keringโs first quarter revenue of 2024 is likely to decline by approximately 10% on a comparable basis, from last yearโs…
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Feb- 2024 -21 February
Moda In Pelle launches SS24 collection
Luxury footwear brand, Moda In Pelle, has launched its Spring/Summer 2024 collection, which features โtrendsettingโ sports-luxe styles ahead of the…
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16 February
The Watches of Switzerland opens Tag Heuer in London Gatwick
The Watches of Switzerland Group has announced the opening of a new Tag Heuer boutique in London Gatwick, South Terminal.ย …
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