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Finance

Karen Millen

Karen Millen founder loses battle for right to use her name

Karen Millen, founder of the eponymous fashion chain, has lost a high court battle for the right to use her name for homewares and lifestyle...
Prada SS17

Activist shareholder reduces stake in Prada

American hedge fund Harris Associates has reduced its stake in Italian luxury group Prada, which is in the midst of trying to execute a...

Zalando reports strong first half and signs new brands

European online retailer Zalando has increased its full-year EBIT margin forecast to between 4% and 5.5% after a strong first in which it added...
Ralph Lauren

Michael Kors and Ralph Lauren Q1: Department stores are a problem...

There are, broadly speaking, two types of luxury company. The European model operates at one elevated price level and has been squeezing ‘cheaper’ products...
Michael Kors

Michael Kors provides cautious outlook as it posts Q1 numbers

Falling footfall in shopping malls and a drop in tourism to some major global cities has led Michael Kors to offer a cautious forecast...
Coach

Coach gallops ahead on premium-to-luxury focus, acts on department store discounts

All company results are interesting but some are undeniably more interesting than others. Which is why the premium-to-luxury handbag trio of Michael Kors, Kate...

Baubles, bargains, booze and Brexit: July’s retail blip bamboozles boffin

There’s an old expression, "there are three kinds of lies: lies, damned lies, and statistics.” Whether it was first said by Benjamin Disraeli, Mark...
Consumer confidence Retail sales High street, independents, retail

Warm weather and discounts boost July’s retail sales

Heavy discounting and warm weather contributed to a boost in retail sales in July, according to the latest figures compiled by the British Retail...
Stella McCartney Adidas

Fashion lovers send sales of sportswear soaring

The sportswear market is set to soar to a record high of £7bn in 2016, up 7% year on year. This growth, however, has...

Yoox Net-a-Porter sales up 16% in H1 2016

The Yoox Net-a-Porter Group has posted first half sales up almost 16% at €897m, helped by a particularly strong performance from its "Off-Season" business. Adjusted EBITDA...
Next

Next posts 0.3% sales increase and warns of price rises next...

High street stalwart Next has posted sales up 0.3% in the second quarter (ending 30 July) and has warned that customers should expect an...
Amazon

Amazon has another record-breaking quarter

Ecommerce giant Amazon has posted its third successive quarter of record breaking results beating analysts' expectations. Sales in the second quarter leapt by 31.1% to...
Dior

Christian Dior posts full-year sales up 8%

Christian Dior has posted revenue up 8% to €38bn for the year ending 30 June 2016. Profit from recurring operations was also up by...

Gucci, YSL and Puma star performers as Kering posts Q2 results

Luxury group Kering posted better than expected Q2 figures today with Gucci, Yves Saint Laurent and Puma cited as star performers of the group. First...
Louis Vuitton LVMH

ANALYSIS: LVMH – good news and bad in first half

The luxury sector is being closely watched at the moment for any signs of a recovery, or even of a further downturn. And none...
DKNY

LVMH confirms sale of Donna Karan to G-III

LVMH has confirmed last week's rumours by selling Donna Karan International, which includes the DKNY label, to American manufacturer and license holder G-III in a...
Isabel Marant

Isabel Marant sells majority stake to Montefiore Investment

Investment fund Montefiore Investment has acquired a 51% stake in French premium womenswear brand Isabel Marant and will look to expand it into other...

LVMH reported to be planning sale of DKNY

Luxury conglomerate LVMH is said to be targeting a specific buyer to purchase DKNY, a year after its founder Donna Karan stepped away from...
Belstaff

Belstaff puts brakes on IPO after Brexit vote

Belstaff has put plans to float on ice following Britain's vote to leave the EU. The motorcycle heritage brand had moved its operations back...
Brexit EU Walpole

European consumers more concerned about Brexit than British

Consumers in Spain, Italy and Poland are more concerned about the effect Brexit will have on their economy than British consumers are, according to...