Louis Vuitton
This coverage focuses on Louis Vuitton’s strategy, operations, and influence within the UK luxury retail sector. Reporting highlights store developments, product launches, marketing campaigns, collaborations, and leadership decisions that shape the brand’s performance and positioning. Tailored for retail executives, brand managers, and professionals in premium and luxury markets, the content offers insights into how Louis Vuitton maintains its status and responds to market dynamics.
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Oct- 2024 -9 OctoberNews-In-Brief
Today’s news in brief-9/10/24
Shein’s UK arm reported robust financial results for 2023, with revenues climbing 38% to £1.55bn and pre-tax profits doubling to £24.4m. These figures surpass rival Boohoo’s latest annual revenues. The company also announced plans for an IPO in London, pending regulatory approval, to capitalise on its growth momentum and expand…
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9 OctoberLuxury Goods
Gucci appoints new CEO
Kering has announced that Stefano Cantino has been appointed as the new CEO of Gucci, replacing Jean-François Palus, from 1 January 2025. He will report to Francesca Bellettini, deputy CEO of Kering in charge of brand development and will have a seat on Kering’s executive committee. Cantino joined Gucci in…
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2 OctoberLuxury Goods
LVMH sells Virgil Abloh’s Off-White to Bluestar Alliance
LVMH has announced the sale of luxury streetwear brand Off-White to New York-based brand management company Bluestar Alliance. Founded in 2013 by late Louis Vuitton artistic director Virgil Abloh, the brand was established to define the “grey area” between black and white as a colour. In 2021 LVMH acquired a…
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Sep- 2024 -27 SeptemberNews
Ebay launches new handbag consignment selling service
Ebay UK has announced the launch of its new consignment service for luxury items, giving users direct access to expert sellers who will list and sell their items on their behalf. To power the service, eBay has partnered with experienced luxury seller, Luxe Collective. Specialists in selling pre-owned luxury goods…
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May- 2024 -13 MayFeatures
The hidden power of retail partnerships
In the retail landscape, collaboration has emerged as a strategic cornerstone for success. From co-branded product launches to joint marketing campaigns and shared retail spaces, partnerships are not just a trend but a transformative force driving innovation and growth. In the UK, retailers are harnessing the power of collaboration to…
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Apr- 2024 -18 AprilLuxury Goods
LVMH revenues up 3% in Q1 despite economic uncertainty
Luxury group LVMH has reported a revenue growth of 3% to €20.7bn (£17.7bn) in the first quarter of 2024, marking a good start to the year despite “a geopolitical and economic environment that remains uncertain”. This comes as its European and US markets achieved 2% growth on a constant currency…
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17 AprilNews
Gucci appoints new deputy CEO
Gucci has announced the appointment of Stefano Cantino as the brand’s new deputy chief executive officer, reporting to Jean-François Palus, president and CEO, from 2 May. In this newly created position, Cantino will share with Palus the responsibility to define and implement the brand strategy. He joins Gucci after spending…
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Feb- 2024 -22 FebruaryClothing & Shoes
Tomorrow Limited acquires A Cold Wall
Tomorrow Limited, a London-based fashion accelerator, has acquired designer streetwear brand A Cold Wall for an undisclosed sum. A Cold Wall was founded in 2015 by Samuel Ross and Tomorrow Limited made its first minority investment in the label in 2018. While Ross and Stefano Martinetto, co-founder and CEO of…
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Jan- 2024 -31 JanuaryNews
Liverpool One celebrates activation of Luxe Collective pop-up
Liverpool One has announced the success of a pop-up activation for Luxe Collective, the pre-loved luxury retailer. Marking the brand’s first activation in the North West, the immersive ‘Real vs. Fake’ fashion experience welcomed large crowds to partake in the audience challenge and competition, as well as the opportunity to…
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8 JanuaryNews
Sandersons sales grow 5% to £7m in 2023
Sandersons Boutique Department Stores has reported a 5% retail sales growth in 2023 across the company’s three bricks and mortar stores and online, with a “strong” November and December. The independent department store chain has seen retail sales grow from £564k in 2016 to almost £7m in 2023, despite a…
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