Tourism
The latest news

Battersea Power Station performance accelerates, fashion has strong summer
Battersea Power Station has been an undeniable success since its opening almost two years ago and on Thursday we were told that the mall and the general neighbourhood have just enjoyed their “strongest summer yet”.
Fashion

UK retailer WH Smith posts 7% annual revenue growth fuelled by travel demand
WH Smith reported a higher annual revenue on Wednesday as robust travel demand propelled sales of its products ranging from sandwiches to books, sending the British retailer's shares up 11%.
Lifestyle

Harrods sales rise despite tourist shopping handicap
Turnover at luxury London department store Harrods hit nearly £900 million last year as international shoppers returned, despite the continued frustration of the non-availability of VAT-free shopping for such tourists.
Luxury

Jumeirah names Julien Soyez as vice president of communications
Soyez joins the luxury hotel operator from fashion house Gucci where he was worldwide press director.
Lifestyle

Kurt Geiger boss is latest to warn of 'tourist tax' impact
Kurt Geiger’s chief executive Neil Clifford has joined the growing chorus of retailers calling for a return of tax-free shopping in the UK ahead of October’s first new-government budget.
Fashion

FA renews/expands Fanatics partnership after summer Euros success
Record England football shirt and merchandise sales linked to the Euro 2024 championships this summer has led to Fanatics signing a new long-term and now-wide-ranging retail agreement with The Football Association.
Fashion

Mountain Warehouse hits new peak performance with impressive annual results
Record annual revenues and a return to profit aren’t just good news for UK outdoor clothing retailer Mountain Warehouse but “reflect customers flocking back to the high street post-pandemic”.
Fashion

Versace partners with RGZ Developers to design exclusive villas in Marbella
Italian luxury house Versace has teamed up with RGZ Developers to design eight villas in the Nueva Andalucía area of Marbella.
Luxury

Covent Garden launches ‘Little Cloud World’ art installation
Covent Garden’s tourist/consumer appeal is a key element of landlord Shaftesbury Capital’s portfolio and maintaining that appeal is essential.
Fashion

Arnault outbid by Mohari in battle to buy luxury venice hotel
Mohari Hospitality Ltd is in exclusive talks to purchase Venice’s five-star Hotel Bauer, according to people familiar with the matter, beating other bidders including billionaire Bernard Arnault.
Luxury

Selfridges CEO Keith to step down, group CEO Maeder steps in
Andrew Keith is quitting as CEO of the Selfridges division of Selfridges Group with the group’s chief executive André Maeder replacing him. He’s leaving this autumn to pursue new ventures.
Luxury

Regent St landlord Crown Estate profits jump on green portfolio but retail's improving
The Crown Estate is one of the key landlords in central London’s retail sector and it said this week that yearly net profits more than doubled to a record £1.1 billion.
Fashion

Longchamp boss calls for end to UK's 'tourist tax'
We've heard a lot of UK luxury retailers and brands begging for the government to bring back tax-free shopping for tourists and now a major French brand has added its voice to the chorus.
Fashion

Podcast: Mélanie Carron of Ladurée on her career and the iconic Parisian pastry house
Mélanie Carron, head of Ladurée, talks to Olivier Guyot on the LuxurynsightXFashionNetwork podcast (in French) about how the century-old pastry house is maintaining its competitive edge in the market.
Lifestyle

Saudi wealth fund offers to boost stake in Selfridges to 50%
Saudi Arabia’s Public Investment Fund has made an offer that would boost its stake in Selfridges to 50%, according to documents seen by Bloomberg News, after the UK department store’s co-owner fell into insolvency.
Fashion

Copenhagen could be set to introduce a tourist tax
The city of Copenhagen has taken a step further towards introducing a tourist tax for overnight stays in the Danish capital.
Lifestyle