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Luxury

Tiffany beats profit estimates on soaring China demand
FILE PHOTO: People walk past a Tiffany & Co. store in the Manhattan borough of New York City, New York, U.S., September 10, 2020. REUTERS/Carlo Allegri/File Photo GLOBAL BUSINESS WEEK AHEAD

Tiffany beats profit estimates on soaring China demand

Tiffany & Co, which is being bought by French luxury giant LVMH, beat Wall Street expectations for quarterly profit on Tuesday as the US jeweller benefited from a more than 70-per-cent rise in sales in Chi...
Dire forecast for global luxury goods sales
Cafe society: When luxury retail and dining meet
Printemps to close seven luxury stores in wake of Covid
Luxury’s secret weapon to surviving Covid: The personal shopper

Luxury Archives

Gucci Syd

Gucci reopens Sydney flagship after stunning makeover

Gucci has unveiled the new look of its flagship store in Westfield Sydney after an extensive refurbishment.
Tiffany-Co-products

LVMH’s Tiffany takeover back on – at a slight discount

LVMH and Tiffany & Co have agreed to new terms and a slightly reduced price for the French luxury group's takeover of th...

How this former Yoox exec plans to transform a beauty start-up

Claire Chung has worked all over the globe in luxury, but now she’s set to lead Ignae’s expansion into Asia.

Tiffany sees earnings bump during legal dogfight

The business does, however, expect fourth-quarter sales to be under those seen last year, but expects higher earnings to...
A woman sitting next to a table with a bag on top of it.

How Rachel Zoe uses luxury to connect with customers

The celebrity stylist and entrepreneur has just relaunched her lifestyle luxury subscription offer.
Models for L'Oreal Luxe

Is L’Oreal Luxe still viable in the current climate?

The world’s largest beauty company is restructuring its luxury division after poor sales in the US, but is e-commerce en...

Swarovski launches Crystal Studio concept in Australia

Studio brings a renewed focus on the consumer to luxury jewelry retail.

Michael Hill’s branded-product sales deliver strong first quarter

Though the business saw a double-digit decline in foot traffic, same-store sales rose 7.3 per cent.
A Gucci store with a bike at the front.

Opinion: Is luxury over?

It's an overused word and in the current climate, what does it now mean to consumers?
Oversized teddy bear at Harrods H beauty store

Can Harrods win over Gen Z with inclusive beauty concept?

As luxury brands feel the pinch, London’s iconic department store Harrods makes a bold move to appeal to a broader demog...
Oscar de la Renta fashion show

What Amazon’s luxury platform means for brands

High-end fashion and beauty brands can showcase their collections in a new "elevated" environment on the app.
Off White store interior

Made in Milan: Off-White opens London store

Italian fashion label Off-White has opened a London store this week, showcasing the brand’s modern approach to fashion a...

Retail news from around the globe

LVMH seeks to exit Tiffany deal; White knights to rescue JC Penney; and more.
Blue Tiffany box and bag.

LVMH cancels Tiffany deal, setting up high-stakes legal stoush

French luxury-goods group LVMH has dropped its plan to take over Tiffany & Co, prompting the New York jeweller to announ...

Sole man: Inside Christian Louboutin’s Hong Kong boutique

The French shoe label pays tribute to Parisian style at a new Hong Kong boutique.