Retail

Luxury brands call for tax-free shopping in the UK

Luxury trade body Walpole, which includes Burberry, Harrods, and Claridge’s among its members, is calling for the reintroduction of the VAT RES scheme, which it states could result in direct retail sales of at least 1.2 billion pounds. 250 luxury brands are calling on the government to reintroduce tax-free shopping to ensure that the UK’s...

2 hours ago

Business |In Pictures

Vestiaire Collective opens new Paris headquarters

Luxury resale platform Vestiaire Collective has opened its new headquarters in Paris featuring an innovative, eco-designed space that puts employee wellbeing at the forefront and offers a new flex-office approach to a hybrid model between the office and remote working. The B Corp certified company has transformed a historical Parisian building...

3 hours ago

Business

Gymshark FY revenue up 54 percent as profits widen

Gymshark Group has reported a 54 percent increase in revenue in the year to July 31 2021. The sportswear giant made net revenue of 401.9 million pounds, up from 260.7 million pounds a year earlier, according to filings at Companies House. The Solihull-based group’s profit before tax increased to 45.4 million pounds from 30.4 million pounds a...

4 hours ago

Fashion |OPINION

Marketing fever pitch: Dolce & Gabbana host Kardashian wedding in Portofino

There was little surprise in what Kourtney Kardashian, the California-based reality persona taking Portofino by storm, was to wear on her big day. In a highly publicised wedding cum marketing campaign, the Kardashian-Jenner clan and entourage have been clothed in Italian fashion duo Dolce & Gabbana from arrival to departure. From the cushions...

5 hours ago

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