Adam Gough, event director at Jacket Required, has hinted at a number of changes for the upcoming edition, after last week’s show was hit by a heatwave and the ongoing political and economic uncertainty.
Middle Eastern tourists are expected to boost UK luxury retail this summer with a particular interest in British brands. That’s according to Global Blue, which predicted a 16% rise in transactions by Gulf visitors.
Harrods has proven that deep-rooted tradition and continued innovation are key to win the retail race, with the famous 170-year old landmark beating others as the world’s best-performing luxury department store.
Upscale footwear specialist Russell & Bromley saw a third consecutive year of declining sales in 2017 with revenue falling to £100.6 million while operating profit dropped by £11.6 million to only £6.7 million.