Luxury leathergoods brand Smythson's accounts show the year to March 29 2020 was a difficult one for the firm. But a sale and licence-back deal since then has offered stability and a digital focus is yielding rewards.
Failed upscale menswear retailer Pink Shirtmaker is set to make a return. The LVMH-owned brand, which went on the block before Christmas, has been bought by Nick Preston, a former JD Sports Fashion trading director.
Harvey Nichols has promoted its COO to its top job with Manju Malhotra becoming CEO. She now runs the UK and international stores, plus the online business, at the toughest time for luxury retail in decades.
Rihanna’s skincare label Fenty Skin is now available in Sephora, Boots and Harvey Nichols in select locations around the world as the line developed in partnership with LVMH’s Kendo Brands continues to grow.
A decade ago, Arkadiusz Likus opened Vitkac, realizing a dream – launching Warsaw’s one and only truly fashionable department store. And he honed his game plan from a famed fashion executive, the late Yves Carcelle.
The UK department stores sector is reeling post-pandemic and after news that John Lewis is reviewing its strategy, it has emerged that Debenhams' owner could go under and half of Harvey Nichols' stores remain shut.
Harvey Nichols is the third big name in just a couple of days to be mulling job cuts in the near future. The company is looking at removing roles from all of its stores, although it's trying to minimise the impact.