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Estée Lauder opens new travel retail distribution hub in Switzerland

Estée Lauder opens new travel retail distribution hub in Switzerland

As global tourism flows resume after two years marked by the pandemic, the US cosmetics group has opened a new 28,000 m2 distribution centre in Switzerland.
Lifestyle
N.Irish businesses urge UK against potentially damaging unilateral plans

N.Irish businesses urge UK against potentially damaging unilateral plans

Northern Irish businesses urged Britain to tackle disruption to post-Brexit trade through negotiations with the European Union rather than pursuing unilateral plans published on Monday.
Fashion
LVMH Beauty puts Philippe Farnier in charge of travel retail

LVMH Beauty puts Philippe Farnier in charge of travel retail

After seven years with Rémy Cointreau, the French executive has taken the helm of the travel retail business for the luxury giant’s Beauty division. Farnier has a 30-year-plus experience in the luxury goods market.
Lifestyle
Camden Market owner plots £1.3bn sale - report

Camden Market owner plots £1.3bn sale - report

​Major London shopping and tourist destination Camden Market is up for sale with a £1.3 billion price tag, according to a news report.  The historic North London destination attracts around 30 million visitors a year.
Fashion
Louis Vuitton: Men’s fall-winter 2022 and the art of travel in Bangkok

Louis Vuitton: Men’s fall-winter 2022 and the art of travel in Bangkok

Some six months after the passing of its menswear creative director, Louis Vuitton displayed another nine looks designed by the late Virgil Abloh in the house’s Fall-Winter 2022 Spin-Off Show of menswear held in Bangkok.
Lifestyle
West End landlord Shaftesbury hails footfall recovery, rising property values

West End landlord Shaftesbury hails footfall recovery, rising property values

​Shaftesbury, the West End property giant that's in talks about a merger with Capco, has reported what might be its last set of results before a merger is unveiled with footfall up and its portfolio value growing.
Fashion
Big luxury names still back physical retail, London, Paris, NYC are key

Big luxury names still back physical retail, London, Paris, NYC are key

Major global brands will “continue betting on physical retail to drive sales in resilient destination cities”, a Savills report says. And it named New York, Paris and London as “the most attractive cities for retailers”.
Fashion
Luxe sector calls for return of UK VAT-free shopping as spending plummets

Luxe sector calls for return of UK VAT-free shopping as spending plummets

​Luxury businesses have renewed calls for the UK government to reverse its decision to end VAT-free shopping for tourists, saying Britain is losing out to other European countries as big-spenders go elsewhere.
Fashion
Duty-free retailer Dufry's Q1 sales soar on post-COVID travel boom

Duty-free retailer Dufry's Q1 sales soar on post-COVID travel boom

Swiss duty-free retailer Dufry on Thursday posted 144.5% organic sales growth for the first quarter, supported by an uptake in travel in Europe and the Americas as coronavirus curbs were eased.
Lifestyle
Tough April for UK e-tail points to 'end of digital boom' - report

Tough April for UK e-tail points to 'end of digital boom' - report

​Good news for UK online fashion sales. Not so good news for digital beauty sales. Even worse for the e-tail industry as a whole. And after weak April numbers, it suggests the digital boom could well be over.
Fashion
West End set to boom on tourists' return - report

West End set to boom on tourists' return - report

​Cheery news for London retail. After the pandemic starved the capital of overseas tourists, they’re now expected to flock back, according to a new report.
Fashion
Amazon to reimburse U.S. employees who travel for abortions, other treatments

Amazon to reimburse U.S. employees who travel for abortions, other treatments

Amazon.com Inc, the second-largest U.S. private employer, told its staff on Monday it will pay up to $4,000 in travel expenses annually for non-life threatening medical treatments including abortions, reports said.
Lifestyle
Fashion and luxury flock to the Venice Biennale

Fashion and luxury flock to the Venice Biennale

From Dior to Chanel, Bottega Veneta to Louis Vuitton, luxury houses and brands such as Diesel or Drome are multiplying their artistic initiatives in Venice, where the 59th Art Biennale has just kicked off.
Luxury
Faire heads downunder with Australia entry

Faire heads downunder with Australia entry

Online wholesale marketplace Faire announced on Wednesday its entry into Australia, as the U.S. firm expands its global reach beyond North America and Europe. 
Fashion
Hermès Q1 sales are strong, group is upbeat despite volatile backdrop

Hermès Q1 sales are strong, group is upbeat despite volatile backdrop

​Luxury giant Hermès was the latest big name to update on recent trading on Thursday and it reported what we’ve seen elsewhere so far this year — “strong sales momentum across all business lines in all areas”.
Luxury
Jean Paul Gaultier's Fashion Freak Show to land in London in July

Jean Paul Gaultier's Fashion Freak Show to land in London in July

​Jean Paul Gaultier’s production Fashion Freak Show is returning to the London stage. The show, which explores Gaultier’s colourful life and career, previews at the Roundhouse in Camden on 15 July until 28 August.
Luxury