Luxury
Neiman Marcus with significant loss
The Texas-headquartered department store group reported falling third quarter revenue. Net loss reached 31.2 million US dollars, a worse result than the 19.9 million US dollars net loss from the previous year
Kering to relocate Swiss logistic activities
After the agreement with Italy’s Inland Revenue the French luxury group Kering might be on the verge to relocate most of its logistic activities to Italy
Harrods: world’s best performing luxury department store
The famous 170-years old luxury department store has proven its deep-rooted experience in the retail arena and scored in first ahead its competition
London leads opening of global luxury stores
Despite the current challenges within the UK retail market, London took the global top spot for luxury store openings in 2018, according to research from international real estate advisor Savills
Kering with good performance
The group's revenue in the first quarter of 2019 reached 3.79 billion euros, up by 21.9% as reported (up by 17.5% on a comparable basis). Kering owns a portfolio of brands, which include names such as Gucci and Yves Saint Laurent- 1
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