Luxury goods sector

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

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

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

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

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

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

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

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

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

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

‘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

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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