Harrods
This coverage examines Harrods’ role and performance within the UK retail sector, focusing on its luxury positioning, store operations, and strategic initiatives. Explore reporting on flagship store developments, seasonal campaigns, brand partnerships, executive changes, and financial performance — all with an emphasis on commercial impact and relevance to professionals managing retail operations, brand strategy, and high-end customer experiences.
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Nov- 2023 -20 NovemberDepartment Stores
Fortnum and Mason boss urges gov to scrap tourist tax
Fortnum and Mason boss Tom Athron has urged the government to scrap the tourist tax or risk businesses losing sales revenue to Paris, in an interview with This Is Money. Athron, chief executive of the luxury food store, stated that Paris was a “very attractive” destination for tourists due to…
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Oct- 2023 -18 OctoberClothing & Shoes
Kurt Geiger owner eyes £400m sale
The private equity backers of Kurt Geiger are reportedly considering a £400m sale of the brand. According to Sky News, Cinven, which has owned the footwear company since 2015, is now working with advisors at Bank of America on a prospective auction. Sources told Sky that a sale process was…
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Jul- 2023 -19 JulyHigh Street
Small businesses to be offered rent-free stores on Oxford Street
Westminster City Council has partnered with New West End Company to launch a new programme called Meanwhile On: Oxford Street, which is encouraging applications from up-and-coming businesses that are looking to launch their first physical space. Meanwhile On: Oxford Street will offer “substantial” support by providing a six month tenancy…
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3 JulyLuxury Goods
The Vampire’s Wife served winding up petition by HMRC
The Vampire’s Wife has been issued with a winding up petition from HMRC on Friday (30 June), according to filings from The Gazette, due to debt built up during the pandemic. The company, which was founded by designer Susie Cave, has a hearing set to take place at the Royal…
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Jun- 2023 -20 JuneNews
Kurt Geiger prepares for international expansion amid new funding
Kurt Geiger, the premium footwear and accessories brand owned by international private equity firm Cinven, has recently agreed a new funding package to refinance its existing debt and support its international growth strategy. The combined facilities were provided by Wells Fargo Capital Finance UK, a part of Wells Fargo &…
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May- 2023 -17 MayDepartment Stores
Harrods boss calls for return of VAT-free shopping for overseas visitors
The managing director of Harrods, Michael Ward, has called on the government to rethink its removal of VAT-free shopping for overseas visitors in a bid to boost luxury shopping in London. Ward, who is also the chairman of Knightsbridge Partnership, told The Times: “We’re in the middle of a difficult…
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9 MayNews
Farmison & Co gets green light to restart operations
Sustainable online butcher Farmison and Co has recently confirmed that it would begin a phased re-opening of operations. After a certification inspection at its Ripon headquarters, the Food Standards Agency has given Farmison the green light to restart operations. A selection of heritage breeds will now go on sale online…
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2 MaySport & Leisure
Castore forecasts 100% revenue growth to $250m in 2023
British sportswear brand, Castore, has revealed it expects 2023 revenues to jump 30% to $250m (£200m), and a representative increase of 100% year on year. It said the performance is attributed to a number of key factors including new kit deals for new teams in Europe such as, Feyenoord Rotterdam…
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Apr- 2023 -24 AprilSupermarkets
Farmison & Co acquired by consortium led by former Asda CEO
Farmison and Co, a sustainable online meat retailer, has been acquired by a consortium led by former Asda CEO Andy Clarke, alongside Chilli Marketing’s Gareth Whittle, Christian Barton and Kieron Barton for an undisclosed sum. In the coming weeks, the consortium will aim to recommence operations at Farmison’s production facility…
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Feb- 2023 -8 FebruaryAnalysis
What the Amazon strikes mean for the retail industry
Last month, Amazon workers staged its first ever strike in the UK, with hundreds of fulfilment centre employees voting to walk out “in anger” over the company’s 50p per hour pay offer and poor working conditions. An industrial action ballot saw a majority of more than 98 per of workers…
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