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...
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...
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 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 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...
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...
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 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 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...
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...
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...
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 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 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...
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...