Tourism
The latest news
Dick's Sporting Goods to shutter 11 Moosejaw stores
Dick’s Sporting Goods plans to close all but three of the 14 of its Moosejaw stores, as the outdoor retailer's parent looks to "operate more efficiently" across all its retail portfolio moving forward.
Fashion
Philipp Plein wants to grow via e-tail, sportswear, luxury hotels
The German designer is targeting a 2023 revenue of €225 million driven by global retail growth, aiming to broaden his reach via the Plein Sport premium sportswear brand, a golfing line and a first luxury hotel in Milan.
Lifestyle
Rimowa’s Emelie de Vitis on its exhibition Seit 1898, and latest Never Still campaign
Rimowa rocked up in New York this week with an exhibition entitled Seit 1898, a cleverly staged expression about arty durability and brand burnishing.
Luxury
China’s Gen Z is trying to leisure-shop way out of jobless blues
Youth unemployment is at a record high and growth is faltering — but China’s gloomy economic backdrop hasn’t stopped Gen Z from shelling out for travel and leisure.
Luxury
Bluebell Group names new CCO, Korea chief
Major Asian distributor Bluebell Group has announced the appointment of Sharmila Murat and Emmanuel de Place, as group chief commercial officer, and president and CEO of Bluebell Korea, respectively.
Fashion
Harrods rebounds in latest year as pandemic becomes more distant memory
Luxury department store Harrods has released its results for the year to the end of January 2023 with the figures highlighting its bounce-back post-pandemic.
Luxury
China allows group tours to US, UK, boosting luxury sector
China has lifted a ban on group tours to a slew of countries including the US, UK, Australia, South Korea and Japan, in a big test of demand for overseas travel from what was once the world’s biggest source of tourists
Luxury
Return to global travel boosts Dufry duty free stores
Duty-free retailer Dufry lifted its full-year profitability target after posting forecast-beating results for the first half thanks to a post-pandemic global travel boom
Luxury
Freemans 3rd-party brand call; UK July retail sales; M&S northeast focus; Harrods tourist tax
Digital department store Freemans has issued a call for third-party brands to get in touch and has launched its Brand Studio “to highlight the extensive range of third-party brands available across fashion and beauty”.
Fashion
Tourist tax; Frasers buys more Boohoo; John Lewis adds key exec; Superdry new COO
The tourist tax is costing the UK billions in lost GDP; Frasers Group now owns 7.8% of Boohoo Group; John Lewis has made a “key appointment” to lead its new customer planning team; and Superdry has a new COO.
Fashion
Harvey Nichols losses narrow as sales bounce back
Harvey Nichols has published its results for the year to April 2022 with the company remaining loss-making, but its overall performance clearly improving.
Luxury
Harvey Nichols boss says France wins in race for global shoppers, also lures shoppers from UK
Harvey Nichols' CEO is the latest exec to weigh in on the VAT-free shopping debate in the UK. She has highlighted how France has deftly attracted international shoppers and is attracting British shoppers too.
Fashion
Björk Swan Dress to star in Design Museum’s Rebel exhibition
Billed as “one of the most wide-ranging surveys of contemporary British fashion culture ever staged in the UK”, the Design Museum of London will host 'Rebel: 30 Years of London Fashion’ from 16 September.
Luxury
Airline to rent clothing to passengers for vacations, business trips
Tourists and business travelers to Japan will soon be able to show up with little more than the clothes they’re wearing, thanks to an initiative by Japan Airlines Co. and Sumitomo Corp. to offer rental clothing.
Fashion
Kering acquires Creed as it seeks to drive beauty growth
Kering Beauté said on Monday afternoon that it has inked a deal to buy Anglo-French heritage fragrance house Creed from funds controlled by BlackRock Long Term Private Capital Europe and current Chairman Javier Ferrán.
Luxury
Humberto Leon opens Arroz & Fun, his third restaurant in Los Angeles
Six months after opening his second Monarch restaurant, Humberto Leon, the founder of Opening Ceremony and former creative director of Kenzo, has opened Arroz & Fun, in the Lincoln Heights neighborhood.
Lifestyle