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Few Chinese keen to travel abroad soon, even if  Covid curbs ease

Few Chinese keen to travel abroad soon, even if Covid curbs ease

More than half of Chinese say they will put off travel abroad, for periods from several months to more than a year, even if borders re-opened tomorrow, a sign that consumer recovery from Covid-19 measures will take time.
Lifestyle
Gen Z is fastest growing group of tax-free shoppers - Planet report

Gen Z is fastest growing group of tax-free shoppers - Planet report

​Tax-free shopping among Gen Z consumers is growing faster than for any other age group, new research from software and payments specialist Planet shows.
Fashion
New Bond Street rents no longer Europe's highest as Milan tops the list

New Bond Street rents no longer Europe's highest as Milan tops the list

​New Bond Street in the heart of London's West End has lost its crown as the most expensive shopping street in Europe as far as rents are concerned. That title goes to Milan’s Via Monte Napoleone, new figures show.
Luxury
Zuckerberg says WhatsApp business chat will drive sales sooner than metaverse

Zuckerberg says WhatsApp business chat will drive sales sooner than metaverse

Meta Platforms Chief Executive Mark Zuckerberg told employees that WhatsApp and Messenger would drive the company's next wave of sales growth, as he sought to assuage concerns about Meta after its first mass layoffs.
Fashion
London campaign to boost tourism yields results

London campaign to boost tourism yields results

​The UK’s capital may be reeling from a tourist downturn post-pandemic and after the abolition of tax-free shopping for international visitors, but a new campaign has helped boost tourist numbers.
Fashion
Tax-free shopping could add at least £350m to UK government coffers - report

Tax-free shopping could add at least £350m to UK government coffers - report

The debate around tax-free shopping’s value to the UK economy continues with the Government still set against it, but a new report suggesting the politicians are making a huge mistake.
Fashion
Burberry doubles down on Britishness for 'next phase', Lola bag is best seller

Burberry doubles down on Britishness for 'next phase', Lola bag is best seller

​Burberry is entering “the next phase”, the luxury company said when delivering its interim results on Thursday, with still-new CEO Jonathan Akeroyd preparing for an evolved approach under Daniel Lee.
Luxury
Burberry looks to reignite spark under new leadership duo

Burberry looks to reignite spark under new leadership duo

Burberry's new chief executive Jonathan Akeroyd will on Thursday set out his plan to finish the job started by his predecessor: boosting growth at the British luxury brand to the levels of its European rivals.
Luxury
Dolce & Gabbana opens Covent Garden holiday market pop-up

Dolce & Gabbana opens Covent Garden holiday market pop-up

Dolce & Gabbana has set up shop in the heart of one of London’s most popular tourist areas with a holiday market in Covent Garden, translating the symbols of Sicilian folklore to the area’s Piazza until 15 January.
Luxury
West End revenues to hit £1.55bn in 'challenging' festive season

West End revenues to hit £1.55bn in 'challenging' festive season

​The festive shopping season is expected to be much better for the West End of London than last year. But with the cost-of-living crisis and small numbers of tourist shoppers, retailers still face a tough period. 
Fashion
Instagram looking into issues after user complaints

Instagram looking into issues after user complaints

Meta Platforms Inc's Instagram said on Monday it was looking into an issue preventing thousands of its users from accessing the photo-sharing application.
Fashion
Harrods set to match pre-Covid sales this year after reporting return to profit

Harrods set to match pre-Covid sales this year after reporting return to profit

​Harrods’ results for the year to the end of January, showed the company recovering from the pandemic, despite ongoing issues related to the global health crisis during the period.
Luxury
Parliamentary committee says end to VAT-free tourist shopping a mistake

Parliamentary committee says end to VAT-free tourist shopping a mistake

An influential Parliamentary committee has slammed the Government's decision to not reintroduce VAT-free shopping for tourists, calling it a "spectacular own goal". There are now calls for an independent assessment.
Fashion
Affluent splash out on pricey Birkin bags but clouds loom

Affluent splash out on pricey Birkin bags but clouds loom

Brushing off higher prices, affluent spenders are continuing to splash out on luxuries including $10,000 handbags and high-end perfumes, trading updates from Hermes, Kering, and L'Oreal showed on Thursday.  
Luxury
Battersea Power Station attracts 250,000+ visitors on opening weekend

Battersea Power Station attracts 250,000+ visitors on opening weekend

​The reopening of Battersea Power Station (BPS) as a supermall and leisure destination last Friday resulted in a surge of visitors who added up to more than a quarter of a million people over the opening weekend.
Fashion
The Thin Line: The company that wants to turn Lanzarote into a luxury travel destination

The Thin Line: The company that wants to turn Lanzarote into a luxury travel destination

The company specialising in fashion and luxury experiences is opening its eighth shop in Puerto del Carmen in order to boost the island's potential and its own business, which already generates a turnover of €20 million.
Luxury