Covid-19 has boosted e-tail, especially for multibrand sites and leading luxury labels, according to a study by Bernstein for Altagamma. An evolution that means other labels need to rethink their commercial strategy.
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27 published items with the word (s) or phrase Michael Ward in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
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![]( "Luxury: Multibrand e-tailers the winning proposition")
Luxury: Multibrand e-tailers the winning proposition -
![]( "Harrods could cut 14% of staff as pandemic fallout continues")
Harrods could cut 14% of staff as pandemic fallout continuesHarrods is believed to be cutting up to 700 jobs as the fallout from the coronavirus crisis continues to devastate the retail sector. That number would mean up to 14% of its workforce being made redundant.
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![]( "Harrods Outlet to open in Westfield to thin out clearance sale crowds")
Harrods Outlet to open in Westfield to thin out clearance sale crowdsLuxury department store Harrods will open a new Outlet branch in Westfield London for its clearance sale, relieving pressure on its flagship and allowing it to focus on new collections in the Knightsbridge store.
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![]( "Zandra Rhodes, Dunhill, Burberry and Blahnik take home top titles at Walpole Awards")
Zandra Rhodes, Dunhill, Burberry and Blahnik take home top titles at Walpole AwardsThe Walpole Awards on Monday evening highlighted the importance of the luxury sector to the UK economy and hailed some of its key names for the impact they've made at home and abroad.
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![]( "Walpole Awards 2019: nominees announced")
Walpole Awards 2019: nominees announcedWalpole has announced its nominees for the Walpole Awards 2019 across all categories, with Burberry, Selfridges, Net-A-Porter and Ralph & Russo included in the shortlist.
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![]( "Harrods, other luxury brands, launch US trade mission as tariffs bite, Brexit looms")
Harrods, other luxury brands, launch US trade mission as tariffs bite, Brexit loomsA number of UK luxury brands have started a four-day trade mission to the US. It comes as the trade war between Donald Trump and the EU hits home with new tariffs being imposed this month.
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![]( "Harrods sales up, profits dip on revamp spend; MD says political issues could hit sales")
Harrods sales up, profits dip on revamp spend; MD says political issues could hit salesLuxury department store Harrods is riding high despite a profits slip as its sales continue to rise. But its boss Michael Ward has warned that a possible Jeremy Corbyn-led government could dent turnover.
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![]( "Harrods opens charity designer pop-up in Marylebone")
Harrods opens charity designer pop-up in MaryleboneHarrods is back with its groundbreaking luxury charity pop-up store following last year’s debut opening. For 2019, it’s running a one-month-only pop-up shop featuring an edit of major labels in the heart of Marylebone.
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![]( "Luxury game-changer: Harrods chooses Farfetch as its e-tail partner")
Luxury game-changer: Harrods chooses Farfetch as its e-tail partnerTwo of the biggest names in luxury retail are now working together with Farfetch saying on Tuesday that it’s linking up with Harrods and will be the luxury department store’s global commerce platform provider.
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![]( "Harrods on a high as store makes the most of luxury boom, is planning for no-deal Brexit")
Harrods on a high as store makes the most of luxury boom, is planning for no-deal BrexitHarrods is clearly not suffering from the cloud hanging over many of its sector peers further down the price chain and like luxury rivals Selfridges and Harvey Nichols, luxury and tourist spending has sent profits up.