Tag Archives: luxury

Luxury footwear and accessories brand Manolo Blahnik posted a 30% fall in pre-tax profit to €15.4m (£13.1m) in 2023, impacted by the downturn in luxury spending.

French design house Isabel Marant has partnered with resale platform Vestiaire Collective to offer a curated edit of pre-loved pieces, picked by the designer.

The Richemont-owned luxury ecommerce platform Yoox Net-A-Porter Group (YNAP) is moving its focus to more profitable markets.

As Burberry’s elevation strategy falters and profits plummet, Drapers considers what the British luxury brand can do to get back on track.

After posting double-digit revenue growth, Mytheresa CEO Michael Kliger speaks to Drapers about the impact of Farfetch’s and Matches’ fallout and the German luxury retailer's plans to drive future growth.

The number of luxury store openings fell 13% globally in 2023 from the prior year, a new report shows.

German luxury etailer Mytheresa reported a 18% rise in net sales to €233.9m (£192.2m) for the three months to 31 March, as it benefits from the consolidating luxury ecommerce market following the fallout at Farfetch and Matches.

British luxury brand Burberry's profits fell by a third in the year ended 30 March 2024 amid a slowing demand for luxury purchases among consumers.

Kidswear Collective, a marketplace for pre-worn and off-season designer childrenswear, first launched in 2018. During that time the business has pivoted towards bricks-and-mortar retail by joining forces with Selfridges and Fenwick, and increased its sustainability message. Founder, Shoshana Kazab, shares how this is helping to remove the stigma of buying…

Luxury womenswear brand Joseph opened a 710 sq ft store on St John’s Wood High Street in London this week, which marks its sixth location in the city.