Landlords may be under pressure, but Mayfair's Grosvenor has unveiled a radical plan to invest in the businesses of some retail tenants in the key shopping neighbourhood and "rewrite what it means to be a landlord".
Luxury shopping in the post-Covid era is seen again as an exclusive gratification, a localised, digital and sensorial experience through authentic, high-added-value products, according to market research firm Ipsos.
The San Francisco-based digital-first luxury consignment platform has opened its first flagship store in the Windy City, its largest location to date, featuring in-store valuation and tailoring services.
French luxury group Kering confirmed a broad recovery in sales of high-end goods in the third quarter as Asian and U.S. demand helped revenues improve, though its star Gucci brand underperformed rivals.
London destination store Browns is celebrating its 50th anniversary with a major campaign, a raft of exclusives, a webstore redesign and lots more activity to mark the influential store’s half-century.
Recovering sales of Louis Vuitton handbags helped LVMH contain the fallout from the coronavirus crisis in the third quarter, as the world's biggest luxury goods group reported a smaller-than-expected drop in revenues.
Tiffany & Co said on Thursday sales have been rising through October with its business in the midst of a rebound, as the jeweler looked to counter claims from French luxury giant LVMH that its prospects were "dismal".
The British Fashion Council is introducing a new format for The Fashion Awards this year with the December 3 event to be digital “in light of the restrictions imposed on large scale events and travel”.