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Harvey Nichols owner Dickson Concepts in profit, despite tough H1

Harvey Nichols owner Dickson Concepts in profit, despite tough H1

​The six months to the end of September may have been a devastating time for retailers, but Dickson Concepts managed to turn a profit in the first half of its financial year, despite lower sales.
Luxury
Alexander McQueen introduces seamless omnichannel strategy

Alexander McQueen introduces seamless omnichannel strategy

​Alexander McQueen has embarked on a new omnichannel strategy having spent the last two years (and especially the last few months) preparing its stores for the new seamless physical-to-digital world.
Luxury
Luxury giants increase their grip on sector, growth continues but landscape shifts

Luxury giants increase their grip on sector, growth continues but landscape shifts

​The luxury goods industry was expanding healthily before the pandemic hit, but while sales were strong, a select group of luxury giants dominated the sector overall. 
Luxury
Rimowa launching new line named Never Still

Rimowa launching new line named Never Still

Rimowa has decided to soften things up. The baggage brand known for its signature hard-wearing aluminium cases is launching a new collection of bags, targeted at a younger and more restless consumer.
Luxury
Selfridges names Lane Crawford's Andrew Keith as new MD

Selfridges names Lane Crawford's Andrew Keith as new MD

​During one of the most challenging periods in its history, luxury UK department stores retailer Selfridges & Co has named Andrew Keith as its new Managing Director.
Luxury
​Luxury brands weigh in to force rethink on end to VAT-free UK shopping

​Luxury brands weigh in to force rethink on end to VAT-free UK shopping

The outcry against plans to end tax-free shopping in the UK intensified this week with some of the world’s heavyweight luxury brands pressing the government to reverse its proposals.
Luxury
Harrods sales, profits rose last year but retailer faces huge challenges today

Harrods sales, profits rose last year but retailer faces huge challenges today

2020 has proved to be “a significant challenge” for luxury store Harrods, but before the unprecedented events that began in March, the business posted rises in both sales and profits. 
Luxury
​Savile Row tailors say duty-free shopping end could be existential issue

​Savile Row tailors say duty-free shopping end could be existential issue

Struggling tailors trading in and around London’s Savile Row want the government to reverse plans to end VAT-free shopping for tourists in the UK.
Luxury
UK footfall dips again, retailers can only dream of 2019-style crowded stores

UK footfall dips again, retailers can only dream of 2019-style crowded stores

​UK footfall to retail destinations continues to decline as coronavirus restrictions ranging from the fairly mild to almost-full lockdowns disrupt consumers shopping trips.
Fashion
More brands say tourist shoppers will desert UK as tax-free shopping ends

More brands say tourist shoppers will desert UK as tax-free shopping ends

​A group of big names in premium and luxury retail have joined the chorus of British businesses pleading with the government to reverse its decision to axe tax-free shopping for tourists in its current form.
Lifestyle
MPs demand evidence from Treasury for duty-free change

MPs demand evidence from Treasury for duty-free change

​A committee of MPs has written to the UK’s Chancellor asking for evidence behind The Treasury’s decision to end tax-free shopping for tourists in its current form.
Luxury
City centres struggle to attract shoppers as footfall remains low

City centres struggle to attract shoppers as footfall remains low

​Footfall to retail destinations in the five weeks to October 3 continued to strengthen overall compared to recent months, but remained well below the levels of a year ago.
Fashion
As UK duty-free regime to end, France targets unhappy shoppers

As UK duty-free regime to end, France targets unhappy shoppers

With the UK set to axe the duty-free shopping for tourists regime in December, there are already signs that rival locations will step up their efforts to attract shoppers who might have previously visited Britain.
Fashion
France to ban mink farms

France to ban mink farms

France said Tuesday it planned to "gradually" ban mink farms, a measures are sure to be resisted by the French fur industry.
Lifestyle
UK retail in shock as government to end tax-free shopping for non-EU tourists

UK retail in shock as government to end tax-free shopping for non-EU tourists

The UK government is being urged to reconsider its decision to almost completely opt out of tax-free shopping at the end of the year with retailers and the bodies that represent them saying it would be a catastrophe.
Fashion
Aspinal of London CVA to mean store closures

Aspinal of London CVA to mean store closures

​Aspinal of London is the latest British retailer to launch a CVA proposal as the effects of a pandemic have made its current business model unviable.
Fashion