LVMH, the world's biggest luxury goods company, said on Monday it had agreed to buy 50 percent of Armand de Brignac, the champagne brand owned by rapper Jay-Z.

2020 has proved to be “a significant challenge” for luxury store Harrods, but before the unprecedented events that began in March, the business posted rises in both sales and profits. 

​Unilever NV shareholders have approved plans to end the Anglo-Dutch company's dual-headed corporate structure and form a London-based entity, which it says will make dealmaking simpler.

Fortnum & Mason CEO Ewan Venters is leaving the luxury department store after eight years to take up the top role at international art gallery Hauser & Wirth.

British department store group Selfridges warned Tuesday that it plans to axe 450 jobs after sales slumped due to the coronavirus and the aftermath of the nationwide lockdown.

Michigan Governor Gretchen Whitmer on Monday moved to further reopen the Midwest state’s economy, largely rescinding a stay-at- home order in place since March and allowing retailers to open back up over the next week.

The Tax Free World Association has cancelled its flagship World Exhibition that was due to take place in Cannes in September and October.

Hong Kong's retail sales fell by 42% in March from a year earlier, as travel restrictions kept tourists away and most residents steered clear of shops and restaurants for fear of catching the coronavirus.

Restaurants are reopening, factories are stirring, and in one of the clearest signs yet that China is awakening from its coronavirus coma, the country's "dancing aunties" are once again gathering in parks and squares.

Set to open to the public on February 17, the new Osteria is located on the roof of Gucci's Los Angeles store and is led by Michelin-star chef, Massimo Bottura, the chef patron of Osteria Francescana.

LVMH brand Louis Vuitton will open its largest flagship store in Japan in Osaka’s Shinsaibashi on February 1 and will open its first café and restaurant inside the flagship store on February 15.  

Fans of Holly Golightly rejoice – Tiffany is bringing the Breakfast at Tiffany’s experience to London this February.

Luxe British retailer Fortnum & Mason saw its profits rising 26% in the year to mid-July as the luxury market prospered despite “the most challenging domestic retail backdrop in years”.

The Santa Monica-born restaurant chain is launching a new apparel and lifestyle merchandise line inspired by its Californian roots, dealing in t-shirts, sweatshirts, leggings and shoes.

From Maison Kitsuné to L’Exception, Archive 18-20 and Yves Saint Laurent, many Parisian fashion labels and stores have introduced a café area, the latest being A.P.C., opening its café from November 20 to January 31.

French fashion influencer-turned-designer Jeanne Damas has launched two establishments in one, the first boutique for her womenswear brand Rouje and a restaurant, both on Rue Bachaumont in Paris’ 2nd arrondissement.