Luxury goods sector

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Rush for bags and scarves helps Burberry offset China Covid slump
British luxury goods firm reports 1% increase in global sales in last quarter of 2022

Mark Sweney

18, Jan, 2023 @12:02 PM

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Battle for succession in house of Dior: siblings jostle to seize family crown
The world’s richest man, Bernard Arnault, is choosing which of his children will lead his $418bn conglomorate. Cue gold-plated intrigue and drama …

Edward Helmore

14, Jan, 2023 @12:00 PM

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LVMH billionaire Bernard Arnault appoints daughter to run Dior
Sibling succession battle looms after eldest daughter of world’s richest person named boss of €382bn empire’s second-biggest brand

Rupert Neate Wealth correspondent

11, Jan, 2023 @4:20 PM

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Auction houses celebrate bumper year of blockbuster art sales
Deaths and divorces of major collectors fuel record £14.3bn in sales at Christie’s, Sotheby’s and Phillips

Rupert Neate Wealth correspondent

28, Dec, 2022 @2:06 PM

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Dinosaur head sold for $6m at US auction reveals new breed of art collectors
Sale of Maximus T rex at Sotheby’s reveals growing interest in palaeontological finds at auction houses

Alice Fisher

17, Dec, 2022 @4:00 PM

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Paradise Now! review – sharp satire of girlboss extremes
Smartly directed and superbly acted, Margaret Perry’s funny and moving play follows a group of women working for an essential oils franchise

Chris Wiegand

15, Dec, 2022 @10:30 AM

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Selfridges boss Anne Pitcher: ‘The high street is a tragedy’
The doyenne of department stores may be departing for a rival soon, but she is confident that reinvention can keep physical shopping alive

Sarah Butler

13, Dec, 2022 @2:00 PM

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Flannels fashion chain proving a magnet for gen Z shoppers
The Frasers Group company’s attention to the twentysomethings’ market is paying dividends

Lauren Cochrane

08, Dec, 2022 @4:58 PM

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How much? ‘Worn out’ £645 Adidas Stan Smith trainers sell out at Balenciaga
Shoes look as if they have been ‘flattened by 20-ton steamroller’ and now sit on auction site at £2,500

Lauren Cochrane

25, Nov, 2022 @12:55 PM

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Luxury goods boom in Britain as super-rich youngsters buck the recession
Rich kids of Insta use strong dollar to fuel sales of brands such as Burberry, Louis Vuitton and Gucci

James Tapper and Alice Fisher

20, Nov, 2022 @6:00 AM

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‘We like anything with the Harrods name on it’: luxury brands report booming sales
Luxury goods firms report bumper profits as richest customers remain largely untouched by economic crisis

Rupert Neate Wealth correspondent

18, Nov, 2022 @2:28 PM

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Firm behind Moët hails new ‘roaring 20s’ as wealthy drain stocks of champagne
Company behind premium champagne brands says there is ‘pent-up demand for luxury’

Rupert Neate Wealth correspondent

15, Nov, 2022 @5:48 PM

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