BURBERRY
View: Covid-19 puts a question mark on the future of world’s mink farms
While some researchers downplay the risks, others say the chances of an emerging non-human Sars-CoV-2 reservoir and mutant strains endangering public health and vaccine programmes mandate urgent countermeasures.
Wealthy shoppers buy less, but better: Hermes becomes the most-preferred, chic choice for luxury purchases
Consumers want tried and tested st...
Luxe brands try to keep the coveted status symbol as fashion weeks move online
Clothing houses have valued direct personal interaction throug...
This boss misses wearing his Ermenegildo Zegna suit and lucky Louis Vuitton cufflinks during WFH
With limited opportunities to step out, Charles Peng’s wardrobe has undergone a massive shift.
Luxury brand Burberry to cut 500 jobs as luxury demand faces slow recovery
Luxury brand Burberry said on Wednesday it would cut about 500 jobs globally, including 150 British-based office roles, as it forecast no quick recovery in demand, particularly from high-spending tourists.
European shares climb on vaccine hopes, mixed earnings
Market sentiment got a boost after U.S. biotech firm Moderna Inc's experimental vaccine for COVID-19 showed it was safe and provoked immune responses in an ongoing early-stage study.
Top retailers like Levi’s, Reliance Brands roll out neighbourhood mobile stores
Consumers can not only shop at these mobile stores in their neighbourhood but can go back to their homes for trials.
Reliance Retail buys Tamil Nadu based grocery chain
Reliance told the National Stock Exchange that its subsidiary Retail Ventures has acquired 786,191equity shares representing 100% of the equity share capital of Shri Kannan Departmental Store (SKDS) for Rs 152 crore.
Coronavirus hits retail: Uniqlo shuts almost half of 750 China stores, Burberry sees 80% decline in footfall
L'Oreal, too, joined the growing list of brands that have expressed concern.
Reliance to bring Balenciaga to India
Spanish brand Balenciaga, now owned by luxury giant Kering, has not been present in India so far. Reliance plans to launch the brand at its upcoming Jio World Centre mall in Mumbai, sources said.
Darveys director warns against over accessorising, says a suit is never complete without cufflinks & tie
Nakul Bajaj says Burberry cufflinks are his favourite.
Companies optimistic despite consumption slowdown: It’s not all turbulence for luxury goods market
There are definite signs of a chill in sales this festive season, in line with the slowdown in consumption.
Apparel makers stitch low-priced lines for etailers
Companies aim to expand distribution, tap 18-24 age group of Flipkart, Amazon customers.
With losses from JVs widening, is it time for Reliance Brands to cut the flab?
Over the past 4 years, across its subsidiary and JV businesses, RBL has seen just about flat revenue growth.
Burberry ends bonfire of the luxuries after waste outcry
Many retailers have been called out in recent years for destroying unsold stock, including by slashing or punching holes in garments before throwing them out.
