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Portuguese jeweller Tavares 1922 targets London and New York expansion
Tavares 1922, the century-old Portuguese jewellery brand, is stepping into Harvey Nichols in London and Trnk NYC, aiming for €500,000 in international sales while strengthening its luxury presence abroad.
Luxury

Debenhams Group results show EBITDA up, GMV down, explores sale of underperforming PLT
Debenhams Group (which used to be Boohoo Group) issued its annual results for the year to the end of February on Tuesday afternoon and also said it's considering the sale of PrettyLittleThing.
Fashion

Department stores and shopping centers in Los Angeles: Who are the main players in 2025?
While the market trend is toward contraction, department stores and malls are holding their own and evolving toward new formats.
Luxury

Burel Factory launches flip flops made from wool and rubber waste
Burel Factory introduces flip flops crafted in Serra da Estrela using recycled waste from its 100% wool burel and natural latex rubber—merging circular design with comfort and sustainability.
Fashion

Zero taxes and luxury galore: Dubai attracts millionaires
Dubai is attracting a record number of millionaires, thanks to tax-free living, political stability, and luxury perks—transforming it into the world’s top destination for ultra-wealthy expats.
Fashion

UK retailers say budget tax hikes risk hitting living standards
Britain's biggest retailers have written to finance minister Rachel Reeves to say that further tax increases in her upcoming budget could undermine the government’s manifesto pledge to improve living standards.
Fashion

Walmart hikes annual forecast as low price focus draws shoppers
Walmart on Thursday raised its fiscal year sales and profit forecast, driven by strong demand from shoppers across all income levels, who have turned to the world's largest retailer as they worry about rising costs.
Fashion

Cyberattack fears hit UK consumers' e-shopping sentiment
After some well-publicised cyberattacks on retailers, there’s a shift in online shopping behaviour happening, particularly among younger consumers in the UK.
Fashion

Oasis to open a fan store in Mexico with exclusive Live '25 merchandise
The Oasis pop-up store will open in Mexico City's Plaza Carso on August 25 with official merchandise and limited editions.
Fashion

Is anybody fighting back in this trade war?
This White House-engineered upheaval, which pushed tariffs to levels unseen since the Smoot-Hawley law of 1930, will be costly — even if the full price isn't immediately apparent.
Fashion

Nearly 150 people report crimes by ex-Harrods boss to UK police
At least 146 people have been in touch with UK police alleging crimes by former Harrods owner Mohamed Al-Fayed since authorities opened a new probe last year, the Metropolitan Police confirmed on Wednesday.
Luxury

UK fashion, beauty strong in July but gains fail to stem rising store closures, job losses
Positive news first. Total UK retail sales increased by 2.5% in July (06 July-2 August), against growth of just 0.5% seen in July 2024. That’s according to the monthly KPMG/BRC Sales Monitor.
Fashion

Biggest Ikea retailer names veteran Juvencio Maeztu CEO as Brodin steps down
The world's biggest retailer of Ikea goods said on Wednesday CEO Jesper Brodin was stepping down after eight years, to be succeeded by Spaniard Juvencio Maeztu, the first non-Swede to lead the group.
Fashion

Adidas apologises for sandal appropriating Indigenous Mexican design
Adidas has formally apologised after Mexico President Claudia Sheinbaum criticised the sportswear brand over a shoe that replicated traditional Indigenous huarache sandals without attributing the design.
Fashion

Barclay family to lose control of Very Group to Carlyle - report
Ownership of fashion/lifestyle e-tail giant Very Group is expected to transfer to its biggest lender — US investment giant Carlyle Group. Current owner, the Barclay family, is preparing to cede control of the firm.
Fashion

Gemfields sells Fabergé eggs maker for $50 million
Gemfields Group said on Monday it had sold Fabergé Ltd, the maker of the jewelled Fabergé eggs, to SMG Capital for 50 million dollars, as the coloured gemstones miner ramps up efforts to streamline its business.
Luxury
