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Watches of Switzerland UK sales impacted by ‘minimal return’ of tourist spending

Retail Gazette

The retailer noted the impact of the tourist tax, highlighting that UK performance continues to be driven by “domestic clientele with minimal return of tourist spending due to the lack of VAT free shopping”. ” Watches of Switzerland is among several luxury retailers facing pressure in recent months.

Returns 59
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Parlour X founder Eva Galambos on her life as a luxury fashion buyer

Inside Retail

In this interview with Inside Retail , Galambos discusses the evolving luxury landscape, the ever-changing role of buyers and her plans for the business in 2022 and beyond. I had also recently returned from many years working in the UK at luxury houses such as Armani and Prada. What are your plans for Parlour X in 2022?

Fashion 130
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‘We are in the Business of Emotions, Not Transactions’: Exclusive Q&A with Neiman Marcus Group CTO Bob Kupbens

Retail TouchPoints

Responding to its customers’ desire for a more enhanced, elevated and personalized luxury experience, NMG announced plans to invest more than a half-billion dollars in digital technology over the next three years , through acquisitions like its recent purchase of Stylyze , partnerships and building out capabilities internally.

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Revealed: Raffles’ strategy to lure back in luxury customers

Inside Retail

It’s part of the mall’s rejuvenation to refresh and elevate its positioning among its clientele. The Raffles team plans to complete the mall rejuvenation program by the end of the year, with the plan to execute more unique, experiential events and activities to engage shoppers. An eclectic mix.

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Handbag Clinic launches in Fenwick, Colchester

Retail Focus

As a one-stop-shop for sustainable luxury, the combined restoration repair and resale service will enable its Essex-based clientele to enjoy fashion more consciously by extending the life of their luxury handbags and shoes whilst boosting the region’s circular economy through its preowned resale service.

Fashion 130
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Why Argent’s Store Design Supports Community Events and 1:1 Styling Sessions

Retail TouchPoints

.” One-to-One Services Spark Fashion Surprises Christeson founded Argent following an extensive corporate career. Now, as many organizations implement hybrid work models and firmer return-to-work plans, workwear has become a top-performing category. We’ve never seen demand like this.

Wholesale 219
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Burberry speeds up high-spending store rollout

365 Retail

Luxury fashion group Burberry has said it will ramp up the rollout of new stores targeted at higher-spending customers as it revealed surging profits after sales recovered from the pandemic. Luxury fashion group Burberry revealed surging profits after sales recovered from the pandemic (Yui Mok/PA).