Amazon.com Inc. is giving special privileges to companies that sell their wares directly through its online store, according to a new study.
The Savigny Luxury Index fell a further 3.8 percent this month. The outlook for the luxury goods sector darkened as disappointing results from industry leader LVMH showed how the strong euro and political protests in Hong Kong were curbing spending and hitting profits.
In his new combined role as chief executive and chief creative officer of Burberry, Christopher Bailey has come under fire from investors for his pay package. But what is he really worth to Burberry, and how can he quell the shareholder revolt?
LONDON, United Kingdom — Burberry Group Plc shareholders rejected the U.K.’s largest luxury-goods maker’s remuneration report as investors rebelled against a pay package awarded to new Chief Executive Officer Christopher Bailey.
LONDON, United Kingdom — Burberry Group Plc, the U.K.’s largest luxury-goods maker, reported first-quarter revenue that beat estimates as digital marketing initiatives drove sales of apparel and accessories in Asia and the Americas.
Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Fashion retailers are increasingly integrating slick interactive technology into their physical flagships. But is all this in-store technology actually making the tills ring or merely providing opportunities for short-term PR?
LONDON, United Kingdom — Burberry Group Plc, the U.K.’s largest luxury-goods maker, reported full-year profit that topped analysts’ estimates as it took control of its beauty business and focused on outerwear