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Rapid rebound in London West End's economy lifts Shaftesbury’s year

Rapid rebound in London West End's economy lifts Shaftesbury’s year

When a company’s results statement opens with an upbeat message, what generally follows is news of a business on the rise. And London-centric property giant Shaftesbury is no exception, judging by its year-end results.
Fashion
La Perla links with ISA for global swimwear licensing deal

La Perla links with ISA for global swimwear licensing deal

​La Perla Global Management (UK) and ISA SpA have announced the signing of a new license agreement for the development, manufacturing, and worldwide distribution of women’s swimwear products for the La Perla brand. 
Fashion
Dark days ahead as retailer gloom deepens, says CBI survey

Dark days ahead as retailer gloom deepens, says CBI survey

​Black Friday’s better-than-expected sales boost may have grabbed the headlines in recent days, but overall, the retail outlook has “darkened in November”. That's according to the new CBI distributive trades survey.
Fashion
Kim Kardashian 're-evaluating' Balenciaga ties after controversial ads

Kim Kardashian 're-evaluating' Balenciaga ties after controversial ads

Kim Kardashian said she is "re-evaluating" her involvement with luxury fashion house Balenciaga, after it apologized for ads featuring children holding teddy bears wearing what critics called bondage gear.
Luxury
LVMH buys jewellery producer Pedemonte

LVMH buys jewellery producer Pedemonte

LVMH has acquired the Pedemonte group, a manufacturer of fine and series-produced jewellery based in Italy and France, a way for the world’s top luxury group to “significantly increase its production capabilities.”
Luxury
Via Outlets on track for best year ever

Via Outlets on track for best year ever

​Outlet villages operator VIA Outlets said on Monday that its “strong year-to-date performance puts the owner-operator on track for its best year ever”.
Fashion
Unsold stock in UK warehouses leads to major discounts, luxury joins in

Unsold stock in UK warehouses leads to major discounts, luxury joins in

​UK warehouses are full of unsold stock, according to reports, with M&S one of the main sufferers from the problem that’s caused by a mix of cautious shoppers, milder-than-expected weather and faster supply chains.
Fashion
Prada launches holiday-inspired time capsule NFT collection

Prada launches holiday-inspired time capsule NFT collection

Prada announced on Friday the launch of its latest installment of the 'Time Capsule NFT Collection' created with a holiday twist. 
Luxury
Black Friday UK fears unfounded as shopping discounts continue to hit the mark

Black Friday UK fears unfounded as shopping discounts continue to hit the mark

Well, that was a surprise. After dire warnings about how weak Black Friday might be given consumer nervousness over spending and the World Cup distracting their attention, it actually turned out to be quite an event.
Fashion
Louis Vuitton ups its bet on the Spanish market, opens third store in Madrid

Louis Vuitton ups its bet on the Spanish market, opens third store in Madrid

The French luxury brand, which first landed in Madrid in 1988, has opened a boutique in the Galería Canalejas shopping center in the Spanish city, where other brands such as Cartier and Hermès are also present.
Luxury
Louis Vuitton tests its first home store in Shanghai

Louis Vuitton tests its first home store in Shanghai

Louis Vuitton announced on Friday the opening of a furniture and interior design store in Shanghai, a first for the French luxury brand.
Luxury
Christian Dior takes over Italian leather treatment specialist Art Lab

Christian Dior takes over Italian leather treatment specialist Art Lab

The LVMH luxury group’s star label is strengthening its manufacturing capabilities, having reportedly acquired Tuscan company Art Lab, specialised in digital printing and special treatments on leather.
Luxury
EY UK Future Consumer Index: shoppers cut back spending for Christmas

EY UK Future Consumer Index: shoppers cut back spending for Christmas

​Consumer intentions are always closely watched at this time of year and in 2022 even more so as studies come thick and fast informing us that shoppers will be reining-in their spending.
Fashion
Luxury: wealthy customers ready to spend more in 2023

Luxury: wealthy customers ready to spend more in 2023

Nearly 65% of the world's most wealthiest consumers intend to increase their luxury spending in 2023, especially for fashion in ready-to-wear and leather goods, according to a study by Kantar Insights and Altiant.
Luxury
Caviar Kaspia launches into fashion, reveals new skis and debuts in Saint Moritz

Caviar Kaspia launches into fashion, reveals new skis and debuts in Saint Moritz

The latest fashionable restaurant to reinvent itself as a fashionable fashion destination is Caviar Kaspia, which has just launched a signature cashmere knitwear collection, and debuted couture-worthy alpine skis.
Luxury
Prada Group CEO Lorenzo Bertelli says wages need to rise to avoid popular discontent

Prada Group CEO Lorenzo Bertelli says wages need to rise to avoid popular discontent

The luxury group's CEO has warned against falling living standards among workers, whose purchasing power has been eroded by inflation’s recent spike, and asked the Italian government for economy-boosting measures.
Luxury