The losses made by many brands due to House of Fraser’s failure and uncertain future could make some labels think twice about continuing to supply the retailer, a member of Mulberry’s founding family has said.
Online luxury consignment service The RealReal has released its midyear 2018 State of Luxury Resale report, revealing a range of trends, including top-searched brands, popular products and fluctuations in resale value.
The retail market of Rotterdam is flourishing. Store vacancies in the Netherlands’ second-largest city have decreased from 9.3% to 6.3% in three years, according to research from Colliers International.
The funding will help the London-based start-up hire at least 50 more people this year and open offices in Hong Kong and New York. It comes after four years of strong growth, with sales doubling every year.
Tax-free shopping specialist Global Blue is opening its first VIP Globe Shopper Lounge on Albemarle Street in Mayfair, underlining the importance of London's West End to the luxury industry and the tourist sector.
Hugo Boss has opened the first Hugo standalone store in the UK with a debut at Westfield London, which, since its recent £600m extension opened this spring, has taken over from Bluewater as Europe's biggest mall.
Selfridges has been busy this month upping its luxury credentials at its key department store in Birmingham, and also unveiling the last phase of its accessories project in its London store with a new eyewear space.
The fashion house's efforts to revamp stores as well as its high-end shoe brand Jimmy Choo paid off as the company topped Wall Street’s quarterly profit estimates on Wednesday and raised its full-year earnings forecast.