The gradual recovery of the pound from its post-Brexit vote low in June 2016 is in danger of denting London's luxury tourist trade, according to Thierry Andretta, the CEO of luxury leathergoods specialist Mulberry.
Mulberry had plenty of news on Wednesday with the luxury firm announcing its full-year results and also a new business deal for South Korea. It's improving internationally although the UK remains a tough market.
A new deal between Harvey Nichols and tech firm Hero sees the luxury retailer offering a physical stores experience to online shoppers, and in its test phase its has driven conversion rates much, much higher.
It looks like there are major opportunities for companies making footwear that can stand up to any conditions, and other outdoor gear, as long as it’s on-trend, if the results of a new poll are to be believed.
The unexpected death of fashion designer Kate Spade on Tuesday has shoppers rushing to buy her brightly coloured handbags, raising prices of used merchandise several times over, second-hand online retailers said.
The billionaire jeweller at the heart of a more than $2 billion fraud case in India, has fled to the UK where he is claiming political asylum, the Financial Times reported on Sunday, citing Indian and British officials.