Luxury Brand LVMH Reports Resilient Fourth Quarter Results
LVMH ’s fashion and leather goods business, home to Vuitton handbags and other brands such as Christian Dior, performed better than analysts expected in the...
Tag : luxury
SUSTAINABLE & ECO-FRIENDLY PRODUCTS SEE BIG JUMP POST- COVID
Textile is the 2nd largest industry causing pollution. Each year more than 85% of used clothes go in Landfill, and only 15% are recycled. This...
Aditya Birla Fashion Acquires 51% Stake in Sabyasachi
The Indian retail giant has acquired a 51% stake in the luxury fashion brand Sabyasachi, which produces apparel and accessories and has stores across India,...
DUTY FREE SHOPPING IN UK TO END COVID 19 IMPACT LUXURY BRANDS
The UK Government announced that tax free shopping in the UK will end on 31st December this year. All overseas visitors will no longer be...
Amazon ‘Luxury Stores’ launching Oscar de la Renta
Online giant Amazon is continuing its push into fashion with the launch of its new high-end shopping experience, ‘Luxury Stores’. The new luxury proposition is...
950 jobs at risk at Marks & Spencer
The corona crisis accelerates the reorganization plans at Marks & Spencer: the British retailer wants to make three years progress in one year. That will...