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Hermès buoyant in Q1 as Asia, US and online soar

Hermès buoyant in Q1 as Asia, US and online soar

​Hermès had a good first quarter as all of its business lines returned to growth and the company said it saw "a remarkable increase" in ready-to-wear and accessories, as well as watches and other categories. 
Luxury
Karl Lagerfeld amenities to grace luxury hotels worldwide

Karl Lagerfeld amenities to grace luxury hotels worldwide

The house of Karl Lagerfeld, a designer who loved a five-star hotel as much as any creator, has inked a deal to supply its hair care and skin care to luxury hotels internationally.
Lifestyle
Primark has tough first half but sees record sales after reopening

Primark has tough first half but sees record sales after reopening

​Primark was a big problem for its owner Associated British Foods in the first half as the enforced closure of many stores drove down revenues and profits.
Fashion
Lenzing launches Tencel e-shop, first such platform run by a fibre maker

Lenzing launches Tencel e-shop, first such platform run by a fibre maker

The company called it a milestone and said it helps drive a “paradigm shift toward eco-responsible production and eco-conscious consumption of fashion and home textile items".
Fashion
West End bounce-back starts, Saturday gets closer to pre-pandemic norm

West End bounce-back starts, Saturday gets closer to pre-pandemic norm

​Reopening week seems to have been a good one for retailers in England and Wales, and especially for the hard hit West End of London, even though international tourists are still absent.
Fashion
Hammerson cuts store rents by 30% as it continues retailer support

Hammerson cuts store rents by 30% as it continues retailer support

Hammerson is to slash rents for its retail tenants by around 30% as UK stores reopen post-Lockdown 3. UK & Ireland MD Mark Bourgeois said that “typically, we're resetting our rents to more affordable levels”.
Fashion
Studio Retail sales soar, ends sale process

Studio Retail sales soar, ends sale process

​Studio Retail is no longer for sale. The company has received plenty of interest in the business, but said its recent strong trading suggests that it can create greater value for shareholders as a pureplay retailer.
Fashion
Balenciaga winter 2021 pre-collection: Yearning for global travel

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
Eco-design, traceability, use of recycled plastic the linchpins of LVMH’s LIFE 360 programme

Eco-design, traceability, use of recycled plastic the linchpins of LVMH’s LIFE 360 programme

On Thursday, the world’s number one luxury group detailed its commitments to eco-design and product traceability, presenting the new environmental road map underlying LVMH’s LIFE 360 programme.
Lifestyle
The Hut Group revenues soar but one-off costs mean it's loss-making

The Hut Group revenues soar but one-off costs mean it's loss-making

​The Hut Group (THG) swung to an operating loss in its 2020 financial year as one-off items drove it into the red. However, the company’s revenues surged during the period as all divisions outperformed.
Fashion
Selfridges and Primark magnate W. Galen Weston dies

Selfridges and Primark magnate W. Galen Weston dies

​W. Galen Weston, patriarch of one of Canada’s wealthiest families and retail titan, has died at age 80, according to a statement by the family on Tuesday.
Fashion
Shoppers in England and Wales flock to physical stores on reopening day

Shoppers in England and Wales flock to physical stores on reopening day

They’re back! Shoppers were out in full force up and down the high streets and shopping centres of England and Wales for the grand reopening of non-essential retail on Monday (12 April).
Fashion
Hammerson prepares to sell UK retail parks portfolio to Canada’s Brookfield

Hammerson prepares to sell UK retail parks portfolio to Canada’s Brookfield

Hammerson is selling its UK retail parks to Canadian private equity firm Brookfield for around £350 million, according to one report. However, on Monday, Hammerson said any deal is far from being sealed. 
Fashion
McArthurGlen opens Designer Outlet West Midlands

McArthurGlen opens Designer Outlet West Midlands

​April 12 sees the opening of McArthurGlen’s latest outlet centre with the debut of the £160m Designer Outlet West Midlands. The company said it’s the only standalone shopping centre to open in the UK this year.
Fashion
Game-changing new Frasers store set for for Monday debut

Game-changing new Frasers store set for for Monday debut

​As shops in England return on Monday, Frasers Group will open a milestone development. It’s the first brand-new Frasers store in the UK with a debut in Wolverhampton. 
Fashion
Lacoste partners with Walk in Paris’ design duo for limited edition collection

Lacoste partners with Walk in Paris’ design duo for limited edition collection

Lacoste has joined forces with Léo Walk and Gary Neveu, the design duo behind the fashion brand Walk in Paris, to launch an 11-piece limited edition collection.
Fashion