Visitors cut spending on luxury goods due to Britain’s tourist tax
A new report from the British luxury council which represents around 600 businesses in London, has found that spending in the capital by tourists this…
Category: Luxury Retail
Sluggish first quarter for US luxury retail sales
For the first quarter of 2023, the majority of luxury brands and groups saw a decline in sales in America (Kering, Burberry, Prada, Richemont etc). Hermès is one…
Les ventes de LVMH ralentissent aux États-Unis alors que la Chine rebondit
Les ventes de LVMH aux États-Unis ont diminué au deuxième trimestre, la morosité de l’économie ayant dissuadé certains acheteurs d’acheter vêtements et sacs à main…
Luxury goods, a prime investment for money launderers
Luxury goods and their potential connection to “dirty money” or illicit activities is a constant subject of scrutiny and concern. Most luxury brands have faced…
Tod’s Group welcome new generation of managers
Our children will join the company says Diego Della Valle, CEO of Tod’s Group. Arnault works a lot, in Italy I do not see the creation of…
Van Cleef & Arpels new production site will generate over 500 jobs
The jewellery power house announces the creation of two workshops, the second French basin in terms of number of jobs and companies in the field…
Brioni confirm its rebound
Luxury menswear brand Brioni has confirmed its rebound. The brand owes it success to an in-depth reorganisation and major work on its image with a new boutique…
Fontainebleau Las Vegas Reveals Luxury Retail Shopping Concept
Fontainebleau Development, which owns the historic Fontainebleau Miami Beach, first proposed a Fontainebleau on the Las Vegas Strip in 2005. A recession, a pandemic, and…