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Retail

Harrods Posts Modest Gains in Sales, Profits in 2019-20, Pre-COVID-19

The London store has published its 2019-20 numbers, before COVID-19 quarantines and lockdowns took hold, and altered the face of British retail.

BBC Russian 4hSamantha Conti

Johann Rupert, Federico Marchetti

Financial

Rupert’s Dream Realized: An All-Embracing Platform for Digital Luxury

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.

BBC Russian 16hSamantha Conti

Remembrance Sunday. The Duchess of Cambridge stands on a balcony during the Remembrance Sunday service at the Cenotaph, in Whitehall, London. Picture date: Sunday November 8, 2020. See PA story MEMORIAL Remembrance. Photo credit should read: Chris Jackson/PA Wire URN:56522254 (Press Association via AP Images)

Fashion Scoops

Duchess of Cambridge Dons McQueen for Low-Key Remembrance Sunday

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.

BBC Russian November 8, 2020Samantha Conti

The new Mulberry Portobello tote

Financial

Mike Ashley’s Frasers Group Ups Stake in Mulberry

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.

BBC Russian November 6, 2020Samantha Conti

Cartier ring

Financial

Thanks to China, Richemont Sales Rebound in Q2

After witnessing double-digit declines in sales and profits in Q1, Richemont began to recover in Q2, with China now its single biggest market.

BBC Russian November 6, 2020Samantha Conti

alibaba farfetch screen

Financial

Mega Partnership: Farfetch Links With Alibaba, Richemont

Kering’s Pinault family is also putting funds into the new luxury retail venture.

BBC Russian November 5, 2020Evan Clark

Reports say Alibaba is about to give Farfetch a $300 million investment.

Financial

Farfetch, Alibaba, Richemont Join to Accelerate China Business

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, […]

BBC Russian November 5, 2020Samantha Conti

A men's look from Ted Baker's new Made in Britain collection.

Fashion Features

Ted Baker Flies British Flag With Collection Made in London, Leicester

The collection coincides with the arrival of Anthony Cuthbertson as global creative director, a new role.

BBC Russian November 5, 2020Samantha Conti

Inside the new John Lewis women's wear floor

Business Features

Trouble Hits the High Street, With John Lewis Layoffs, Losses at M&S

With attention diverted to the U.S. election, British retailers have released gloomy figures as the country heads into national lockdown.

BBC Russian November 4, 2020Samantha Conti

Clarks Men's Fall 2020

Footwear

LionRock Capital Takes Majority Stake in Troubled Clarks

If approved, the deal will end family ownership of the British footwear brand after 195 years – and save the challenged British footwear company.

BBC Russian November 4, 2020Samantha McDonald

Pietro Boselli's Petra collection of activewear has landed on the new men's floor at Harrods.

Retail

Pietro Boselli Talks Harrods, the Human Body, and COVID-19’s Consequences

Pietro Boselli’s Petra activewear brand is landing at Harrods, one of many projects the Italian-born, London-based polymath has in the pipeline.

BBC Russian November 2, 2020Samantha Conti

Donald Trump Visits Louis Vuitton Factory in Texas

Government and Trade

Tough Times Ahead for Europeans Looking to Do Business With U.S.

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.

BBC Russian November 2, 2020Samantha Conti

A look from men's wear brand SMR Days.

Mens Lifestyle

Men’s Brand SMR Days Banks on Digital, D-to-c and Fantasies of Travel

The brand will unveil its e-commerce offer on Nov. 2, and also be sold on Mr Porter and Matchesfashion.

BBC Russian November 2, 2020Samantha Conti

Marcus Rashford

Fashion Features

Burberry Teams With Man United’s Marcus Rashford on Charity Projects

The brand has also pledged to support U.K. youth organizations in Manchester, London and charities globally.

BBC Russian November 2, 2020Samantha Conti

Coronavirus Outbreak: London Retail Remains Open

Government and Trade

England Set for Lockdown 2.0, a One-month Freeze on Retail and Restaurants

British Prime Minister Boris Johnson and the country’s medical advisers broadcast the news live from No. 11 Downing Street.

BBC Russian October 31, 2020Samantha Conti

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Essentialist

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Johann Rupert, Federico Marchetti

Business

Rupert's Dream Realized: An All-Embracing Platform for Digital Luxury

BBC Russian 16hSamantha Conti

Social Studies

BBC Russian Global Stock Index

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