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Via Outlets on track for best year ever

Via Outlets on track for best year ever

​Outlet villages operator VIA Outlets said on Monday that its “strong year-to-date performance puts the owner-operator on track for its best year ever”.
Fashion
Unsold stock in UK warehouses leads to major discounts, luxury joins in

Unsold stock in UK warehouses leads to major discounts, luxury joins in

​UK warehouses are full of unsold stock, according to reports, with M&S one of the main sufferers from the problem that’s caused by a mix of cautious shoppers, milder-than-expected weather and faster supply chains.
Fashion
Prada launches holiday-inspired time capsule NFT collection

Prada launches holiday-inspired time capsule NFT collection

Prada announced on Friday the launch of its latest installment of the 'Time Capsule NFT Collection' created with a holiday twist. 
Luxury
Black Friday UK fears unfounded as shopping discounts continue to hit the mark

Black Friday UK fears unfounded as shopping discounts continue to hit the mark

Well, that was a surprise. After dire warnings about how weak Black Friday might be given consumer nervousness over spending and the World Cup distracting their attention, it actually turned out to be quite an event.
Fashion
Louis Vuitton ups its bet on the Spanish market, opens third store in Madrid

Louis Vuitton ups its bet on the Spanish market, opens third store in Madrid

The French luxury brand, which first landed in Madrid in 1988, has opened a boutique in the Galería Canalejas shopping center in the Spanish city, where other brands such as Cartier and Hermès are also present.
Luxury
Louis Vuitton tests its first home store in Shanghai

Louis Vuitton tests its first home store in Shanghai

Louis Vuitton announced on Friday the opening of a furniture and interior design store in Shanghai, a first for the French luxury brand.
Luxury
Christian Dior takes over Italian leather treatment specialist Art Lab

Christian Dior takes over Italian leather treatment specialist Art Lab

The LVMH luxury group’s star label is strengthening its manufacturing capabilities, having reportedly acquired Tuscan company Art Lab, specialised in digital printing and special treatments on leather.
Luxury
EY UK Future Consumer Index: shoppers cut back spending for Christmas

EY UK Future Consumer Index: shoppers cut back spending for Christmas

​Consumer intentions are always closely watched at this time of year and in 2022 even more so as studies come thick and fast informing us that shoppers will be reining-in their spending.
Fashion
Luxury: wealthy customers ready to spend more in 2023

Luxury: wealthy customers ready to spend more in 2023

Nearly 65% of the world's most wealthiest consumers intend to increase their luxury spending in 2023, especially for fashion in ready-to-wear and leather goods, according to a study by Kantar Insights and Altiant.
Luxury
Caviar Kaspia launches into fashion, reveals new skis and debuts in Saint Moritz

Caviar Kaspia launches into fashion, reveals new skis and debuts in Saint Moritz

The latest fashionable restaurant to reinvent itself as a fashionable fashion destination is Caviar Kaspia, which has just launched a signature cashmere knitwear collection, and debuted couture-worthy alpine skis.
Luxury
Prada Group CEO Lorenzo Bertelli says wages need to rise to avoid popular discontent

Prada Group CEO Lorenzo Bertelli says wages need to rise to avoid popular discontent

The luxury group's CEO has warned against falling living standards among workers, whose purchasing power has been eroded by inflation’s recent spike, and asked the Italian government for economy-boosting measures.
Luxury
Oxford Street footfall dropped more than UK average last month - report

Oxford Street footfall dropped more than UK average last month - report

​London’s Oxford Street is having a tough time since the pandemic ended. The UK capital’s major retail thoroughfare saw footfall dip by 37% month-on-month in October, hit harder than the overall decline across the UK.
Fashion
Cricket to open giant Liverpool One anchor store

Cricket to open giant Liverpool One anchor store

​Landlord Grosvenor has announced that luxury Boutique cricket is to open a 21,000 sq ft flagship store at the the premium Liverpool One shopping mall that it part-owns and manages.
Luxury
Gucci confirms it is parting ways with Alessandro Michele

Gucci confirms it is parting ways with Alessandro Michele

After seven years Alessandro Michele is stepping down as Gucci's creative director. The brand's design office will continue to carry the direction of the House until a new creative organization is announced.
Luxury
Kujten opens festive season pop-up store at La Samaritaine in Paris

Kujten opens festive season pop-up store at La Samaritaine in Paris

The high-end French label specialised in cashmere knitwear has opened a temporary concession for the year-end festivities inside the Parisian department store, its first presence at La Samaritaine.
Luxury
Many Britons shop cross-border to find goods cheaper outside of the UK - Global-e report

Many Britons shop cross-border to find goods cheaper outside of the UK - Global-e report

Black Friday could be bleak for UK retailers. How so? Some 48% of Britons says they are shopping online from international retailers for the event, finding better deals from in China and the US, new data shows.
Fashion