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Harrods sales, profits rose last year but retailer faces huge challenges today

Harrods sales, profits rose last year but retailer faces huge challenges today

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. 
Luxury
Unilever clears first hurdle in planned unification move

Unilever clears first hurdle in planned unification move

​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.
Beauty
Fortnum & Mason CEO to quit for arts job

Fortnum & Mason CEO to quit for arts job

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.
Luxury
Britain's Selfridges to axe jobs on virus retail storm

Britain's Selfridges to axe jobs on virus retail storm

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.
Fashion
Michigan governor largely rescinds lockdown, retailers to reopen

Michigan governor largely rescinds lockdown, retailers to reopen

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.
Lifestyle
Cannes travel retail show cancelled as duty free reels from air travel halt

Cannes travel retail show cancelled as duty free reels from air travel halt

The Tax Free World Association has cancelled its flagship World Exhibition that was due to take place in Cannes in September and October.
Fashion
Hong Kong March retail sales plunge 42% year-on-year due to coronavirus

Hong Kong March retail sales plunge 42% year-on-year due to coronavirus

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.
Fashion
As world cowers, China glimpses coronavirus aftermath

As world cowers, China glimpses coronavirus aftermath

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.
Lifestyle
Gucci unveils Gucci Osteria da Massimo Bottura in Beverly Hills

Gucci unveils Gucci Osteria da Massimo Bottura in Beverly Hills

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.
Luxury
Louis Vuitton to open largest store in Japan this February with attached restaurant

Louis Vuitton to open largest store in Japan this February with attached restaurant

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.  
Luxury
Tiffany to open a Blue Box Cafe in Harrods

Tiffany to open a Blue Box Cafe in Harrods

Fans of Holly Golightly rejoice – Tiffany is bringing the Breakfast at Tiffany’s experience to London this February.
Luxury
Fortnum & Mason sales and profits rise, opens Hong Kong store

Fortnum & Mason sales and profits rise, opens Hong Kong store

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”.
Luxury
US restaurant chain Hot Dog on a Stick launches fashion collection

US restaurant chain Hot Dog on a Stick launches fashion collection

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.
Lifestyle
French label A.P.C. to open A.P.C. Café in Paris

French label A.P.C. to open A.P.C. Café in Paris

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.
Lifestyle
Rouje opens first boutique and restaurant

Rouje opens first boutique and restaurant

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.
Lifestyle
Bethany Williams presents Butterfly Café

Bethany Williams presents Butterfly Café

This spring Bethany Williams received the latest Queen Elizabeth II Award for British Design. On Monday afternoon the LVMH Prize finalist for 2019 staged her latest show at an archbishop’s palace.
Fashion