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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Mar- 2018 -26 March
Gucci owner Kering faces tax investigations
Swiss prosecutors have opened an investigation into luxury fashion giant Kerring over alleged tax evasion after a request for assistance…
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12 March
Farfetch poised to make ยฃ4bn IPO after hiring US banks
Online luxury retailer Farfetch has hired bankers from JP Morgan and Goldman Sachs as it readies itself to make an…
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1 March
Burberry appoints Riccardo Tisci as chief creative officer
Burberry has announced that Riccardo Tisci has been appointed chief creative officer, replacing longtime creative chief Christopher Bailey effective 12…
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Feb- 2018 -15 February
Burberry announces partnership with Farfetch
Fashion brand Burberry has announced a partnership with online retailer Farfetch which will see its entire global inventory made available…
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13 February
Breitling removes โsexistโ ads after backlash
Watchmaker Breitling has removed ads featuring women wearing โskimpy outfitsโ after receiving complaints from customers. Some of the adverts portrayed…
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Jan- 2018 -26 January
London and New York named key locations for luxury watch brand expansion
London and New York could provide key opportunities for luxury watch brands seeking expansion in 2018. Real estate advisor Savills…
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22 January
Richemont in ยฃ2.4bn bid for Yoox Net-A-Porter
Swiss luxury retailer Richemont has made a bid to acquire online retailer Yoox Net-A-Porter Group (YNAP) for ยฃ2.4bn. The company,…
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17 January
Hugo Boss reports a strong final quarter for 2017
Hugo Boss has โachieved its goals for 2017โ following strong sales in its final quarter, it has reported in its…
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15 January
Rigby and Peller loses royal warrant after revealing Queenโs bra measurements
Luxury lingerie retailer Rigby and Peller has lost its royal warrant after releasing a book containing the Queen’s bra measurements.…
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15 January
Kering offloads 70% stake in Puma
Luxury goods group Kering has announced plans to sell a 70% stake in sportswear brand Puma amongst its shareholders. Post…
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