The London store has published its 2019-20 numbers, before COVID-19 quarantines and lockdowns took hold, and altered the face of British retail.
Richemont’s chairman said the China-focused, global partnership with Farfetch and Alibaba will help smaller luxury players “fight giants like Amazon,” and give fashion and accessories brands greater access to a market with explosive growth.
Queen Elizabeth II was spotted wearing a face mask for the first time in public on her way to the annual tribute to Britain’s war dead.
Ashley now owns almost one-third of Mulberry, and if he wants to increase his stake further, he’ll have to make an offer for the company.
After witnessing double-digit declines in sales and profits in Q1, Richemont began to recover in Q2, with China now its single biggest market.
Kering’s Pinault family is also putting funds into the new luxury retail venture.
LONDON — In a landmark union of luxury digital titans, Farfetch, Alibaba Group and Richemont have unveiled a global strategic partnership to provide luxury brands with “enhanced access to the China market,” and to accelerate the digitization of the global luxury industry, the three companies said Thursday. Leveraging each company’s respective expertise and extensive reach, […]
The collection coincides with the arrival of Anthony Cuthbertson as global creative director, a new role.
With attention diverted to the U.S. election, British retailers have released gloomy figures as the country heads into national lockdown.
If approved, the deal will end family ownership of the British footwear brand after 195 years – and save the challenged British footwear company.
Pietro Boselli’s Petra activewear brand is landing at Harrods, one of many projects the Italian-born, London-based polymath has in the pipeline.
The next U.S. president, whoever he is, will likely prioritize domestic issues over foreign policy and trade, and that’s bad news for the U.K. and Continental Europe.
The brand will unveil its e-commerce offer on Nov. 2, and also be sold on Mr Porter and Matchesfashion.
The brand has also pledged to support U.K. youth organizations in Manchester, London and charities globally.
British Prime Minister Boris Johnson and the country’s medical advisers broadcast the news live from No. 11 Downing Street.