Tourism
The latest news
Karl Lagerfeld to open Marbella luxury villa estate in 2021
The house of Karl Lagerfeld is to open a luxury villa estate named Karl Lagerfeld Villas Marbellas by end 2021 in a deal with Sierra Bianca Estates.
Luxury
Mulberry to exit Paris store, but will open new location when tourism re-starts
Luxury group Mulberry said on Tuesday that its wholly owned French subsidiary is to end the lease of its store at 275 Rue Saint Honoré and exit the property early.
Luxury
Walgreens Boots Alliance has better Q3 as Boots recovery starts
Boots owner Walgreens Boots Alliance said its Q3 results exceeded expectations and it raised its full-year guidance to around 10% growth in earnings per share (EPS).
Beauty
Luxury is recovering, China and US are key, Europe stays cautious
The global luxury market is gradually recovering and should return to pre-pandemic levels by next year, a new report shows.
Luxury
Brand values soar in pandemic, Nike, ASOS, Uniqlo and Vuitton all prosper
The world's most valuable apparel and luxury labels saw their values surging during the pandemic, according to Kantar’s BrandZ Most Valuable Global Brands 2021 report released Monday.
Fashion
Oxford Circus to 'rival Times Square' in transformation drive
An ambitious plan to transform Oxford Circus into pedestrian-friendly piazzas has been announced with an international design competition kicking off to decide just how the key shopping area will look for decades ahead.
Fashion
Selfridges owners reportedly mull sale with £4bn price tag
Selfridges is reportedly up for sale — or at least its owners are exploring their options — after a mystery buyer approached the business with an offer, reports claimed on Friday.
Luxury
Rimowa x Chaos collab unveiled as travel is back on the agenda
LVMH-owned luggage brand Rimowa has launched a collab with London-based accessories label Chaos. The company said the two labels are “united by their common appreciation for luxurious design and innovative solutions”.
Luxury
Richemont profits surge despite sales dip, fashion labels get online boost
The trading environment may have been volatile but luxury giant Richemont still managed to see net profit rising almost 40% in the financial year to the end of March, beating forecasts by a wide margin.
Luxury
Dufry first quarter turnover plunges on travel restrictions
Swiss duty free retailer Dufry reported on Thursday a 67% plunge in underlying first-quarter turnover to 460.3 million Swiss francs ($510 million), hit by travel restrictions to counter the pandemic.
Lifestyle
US luggage, swimwear sales make strong progress as travel plans resume
According to a report from NPD, luggage and swimwear sales have shown strong signs of recovery over the last two months, following a dismal year for travel fashion and accessories due to Covid-19-related restrictions.
Fashion
Fendi puts out travel accessories line for four-legged friends
Walkies! Italian luxury label Fendi has designed a line of canine travel accessories.
Lifestyle
Balenciaga winter 2021 pre-collection: Yearning for global travel
With European populations slowly but surely being vaccinated, designers on the Continent are suddenly expressing a new optimism. Few more so than Demna Gvasalia of Balenciaga in Balenciaga's winter 2021 pre-collection.
Fashion
Oxford Street renaissance: work starts on Soho Photography Quarter
When rows of stores just aren’t enough. Retail areas are increasingly having to incentivise consumers to visit with bolt-on experiences and attractions.
Fashion
Giorgio Armani to design new Admiral superyacht
Giorgio Armani, the proud owner of several major yachts, is to design a new Admiral superyacht for a mystery client, working with the Italian Sea Group to build the motor craft, which will be 72 meters long.
Lifestyle
£96m investment plans for West End, coastal towns and high streets
A number of funding initiatives have been unveiled by government and business groups to help push retail back into a healthier position than it would otherwise be post-Covid.
Fashion