The cat was already out of the bag yesterday but that didn’t detract from the impact of the news on Tuesday that Michael Kors is acquiring Versace for around $2 billion and changing its name to Capri Holdings.
Harvey Nichols is continuing its transformation via tech as well as by reshaping its physical space. Now new tech that makes the content in brand videos instantly shoppable has been introduced into its flagship store.
The perfume specialist Interparfums reported a net profit of €25.2 million ($29.3 million) out of the group’s half-year turnover of €218.7 million, a 4.5 percent increase compared to the same time the year before.
Selfridges has been busy this month upping its luxury credentials at its key department store in Birmingham, and also unveiling the last phase of its accessories project in its London store with a new eyewear space.
The fashion house's efforts to revamp stores as well as its high-end shoe brand Jimmy Choo paid off as the company topped Wall Street’s quarterly profit estimates on Wednesday and raised its full-year earnings forecast.