Luxury brand Burberry is planning to open six or seven stores a year internationally after a rise in sales. The company, which last week issued a trading statement for the ix months to the end of September, said wholesale sales had risen 14 per cent and retail sales were up 20 per cent. The rise in […]

Jaeger will pull out of 15 of its high-profile House of Fraser concessions by next January after a review of its concessions policy identified underperforming markets. In some cases, cannibalisation of sales had occurred where the brand has store in the same town. Jaeger's concession review encompassed […]

Everything you ever wanted to know about licensing your brand can now be discovered at the LIMA Introduction to Licensing Seminar, which conveniently takes place the day before Brand Licensing 2003, the LIMA Introduction to Licensing Seminar is designed as the ideal introduction to an area that is increasingly […]

Philip Green has paid back around £500m of the £808m debt that he took on when he bought Arcadia last year. Results to be published this week will show a remarkable turnaround at Arcadia. Green would not be drawn on the financial performance of Arcadia, although he let slip that sales at […]

With every fashion house competing for the most coveted of accessories, Louis Vuitton is ahead by a stretch with a new designer yoga mat.The Dhanura bag, which comes with a washable logo yoga mat, is guaranteed to stretch your mind, body, and wallet. Cost €680.

Burberry is to open its first Russian boutique in Moscow in early 2004. The two-story store will be operated through Russian franchisee Jamilco. "Burberry sees Russia as an exciting growth market [as] all emerging markets have a large appetite for luxury brands," a Burberry spokesperson said. "We chose […]

Loved by the rich and the famous, yesterday the glossy fashion house Prada suffered a scratch to its image when a former employee accused the company of fostering a culture of fear and bullying. John Forsbrey, formerly the head tailor of the Italian fashion house's Bond Street store, was close to tears […]

Luxury group Gucci expects a "huge improvement" in profitability in the second half of its financial year compared to a year ago, Chief Executive Domenico De Sole told Reuters on Wednesday. But he added it was too early to say whether the full-year profit would beat last year's because much depended […]

Only the Oscars could match the gathering of celebrity, style and music talent that filled Royal Albert Hall on Wednesday for Fashion Rocks for The Prince's Trust. 5,800 people, including HRH The Prince of Wales, watched a spectacular evening that is expected to raise around GBP750,000 towards The Trust's […]

British fashion label Burberry posted seventeen percent first-half sales growth this week, confirming it was on track to hit results forecasts. Burberry, famous for its trademark beige check, said total revenues for the period hit 321 million pounds, driven by double-digit increases in all its main […]

Related news