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LUXURY RETAIL NEWS ON FASTMOVING

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Millennials, GenZ 'reshaping' growing luxury retail market

Millennials, GenZ 'reshaping' growing luxury retail market

02/08/2018 - 11:02
Growth in sales of luxury goods is currently being driven by millennials and Generation Z - and their expectations are reshaping the future of the industry, according to a new report by Deloitte. read more
Richemont lifts its game plan with Watchfinder deal

Richemont lifts its game plan with Watchfinder deal

13/06/2018 - 09:14
Richemont, the Swiss luxury brands group run by the Rupert family, has taken another step in its aggressive plan to build a formidable retail network.  read more
Luxury powerhouse Gucci brings craftsmanship in-house

Luxury powerhouse Gucci brings craftsmanship in-house

12/06/2018 - 14:51
Kering’s fashion powerhouse Gucci is bringing more manufacturing in-house as luxury firms step up efforts to meet demand from Chinese shoppers with slicker operations. read more
London now second favourite for US luxury retail expansion

London now second favourite for US luxury retail expansion

16/04/2018 - 10:31
London is now the second favourite destination for luxury US retailers to break into the European market. read more
 Burberry appoints Riccardo Tisci as new chief creative officer

Burberry appoints Riccardo Tisci as new chief creative officer

06/03/2018 - 12:32
British fashion house Burberry will now be led by two Italians after it appointed Riccardo Tisci as its new chief creative officer. read more
Gucci donates $500,000 to US student gun reform march

Gucci donates $500,000 to US student gun reform march

26/02/2018 - 08:19
Italian luxury fashion brand Gucci followed a slew of US celebrities in announcing a donation of $500,000 to next month’s student march on Washington demanding tougher gun controls.  read more
Rejuvenated LVMH gets boost from China’s resurgent luxury goods market

Rejuvenated LVMH gets boost from China’s resurgent luxury goods market

29/01/2018 - 08:43
LVMH continues to get a boost from a luxury rebound in China, with demand for Louis Vuitton handbags and Dior perfumes racing ahead in the holiday season. read more
Burberry sales suffer as new CEO pushes change

Burberry sales suffer as new CEO pushes change

18/01/2018 - 13:42
Burberry’s holiday sales fell short of estimates as CEO Marco Gobbetti began implementing his plan to give the UK-based trench-coat maker a high-fashion facelift. read more
Harrods smashes £2bn sales mark for the first time

Harrods smashes £2bn sales mark for the first time

16/10/2017 - 16:09
Harrods has recorded its eighth year in a row of soaring profits, which included smashing the £2 billion sales mark for the first time. read more