Selfridges Retail Limited has filed its full accounts for the year to the end of January 2021 and they show the devastation that the pandemic wreaked in what should have been another good year for the company.
The Kering label’s leather accessories, chiefly handbags, accounting for nearly half of the assortment, and its signature bright green colour, have made it one of the most coveted labels according to a report.
Liverpool One is beginning 2022 as it ended 2021, attracting new retailers. The Grosvenor-operated city centre shopping mall has signed premium UK footwear and accessories brand Russell & Bromley to open this spring.
Inc Retail’s premium leather accessories brand Knomo London has launched a new line of small leathergoods that make the most of the “think local” and eco trends that are high on consumers’ agendas in 2022.
Luxury brands continue to prepare for an intensive focus on Chinese consumers as the Lunar New Year looms. And the latest is Burberry, which on Friday unveiled its dedicated New Year collection and campaign.
Online luxury resale platform The Real Real announced on Thursday that gross merchandise value (GMV) for December recorded a 40 percent uptick on the year prior, and a 49 percent gain on pre-pandemic December 2019.
Billed as one of the biggest commercial property deals in recent years, two designer outlet malls in England have been sold for £600m. Cheshire Oaks and Swindon Designer Outlet have been bought by LaSalle.
Buy-Now-Pay-Later (BNPL) schemes have been criticised by Which? with the UK consumer body calling for stronger safeguards to stop online shoppers from choosing such loans to pay for products “without knowing the risks”.
Adidas and Prada are moving their existing collaboration deal a step forward with the first-time addition of clothing and a big focus on sustainability by using the Italian luxury label’s Re-Nylon material.