#luxury-retail

#luxury-retail

We would like to see progressive policies that reinvigorate international visitor spending, that support jobs and stimulate growth across the whole visitor economy, Burberry's chief executive, Joshua Schulman, said in a media call on Thursday. He said that would involve changing the VAT refund scheme, putting us on par with other European countries. We know that our tourist business here in London has gone down ever since that refund was taken away.

The head of British luxury brand Mulberry has called on the government to reinstate VAT-free shopping for international tourists, warning that the "unfair" tax burden is stifling investment and driving wealthy shoppers away from the UK. Chief executive Andrea Baldo said the move would help revitalise Britain's luxury and retail sectors - which have been hit hard by declining visitor spending since the 2021 abolition of the VAT rebate for overseas visitors - while boosting UK manufacturing and tourism revenues.

"Fantasy Gifts are where creativity meets luxury, and they capture the essence of what makes the holidays so special at Neiman Marcus," said Emily Essner, President & Chief Commercial Officer of Saks Global. "Each year, Fantasy Gifts allow us to dream bigger with our talented brand partners, surprise our customers in extraordinary ways, and bring a little magic to the season."

Saint Laurent has renovated its boutique in Milan with works by local artists and designers, including Gaetano Pesce and Gio Ponti. Reopening on September 20th, 2025, the retail store at Via Montenapoleone, 8, introduces a third floor for the menswear collection, which was not present in the previous interiors. Colors, materials, and textures rooted in Parisian and Milanese designs harmonize inside the space.

Cyber criminals have stolen the personal details of potentially millions of Gucci, Balenciaga and Alexander McQueen customers in a ransomware attack on their parent company, Kering. The luxury group confirmed that in April hackers gained "temporary access" to its systems and accessed customer records, though it insists no financial information such as card or bank details was stolen.

(A baby sand shark named Sinatra eventually had to be removed, for bullying his tank mates.) Across its nine floors, the store boasted twenty-three escalators, trimmed in goatskin leather. But construction delays meant that they didn't start revolving until the final moments before the grand-opening party, and new escalators need at least two weeks of use to stretch out their creaks.

To be fair, my use of the word precinct to describe this lovingly titivated landmark feels a bit shabby, as does retail experience. And plain old mall definitely won't do, because Battersea's collection of 150-odd shops is very much in the la-di-da, aspirational, lululemon, Mulberry and Malin+Goetz range of money-frittering, all set over multiple floors with dramatic mezzanines. This is a sumptuous paean to industrial chic, with pleasing air-conditioning and polished floors,

Throughout history, apothecaries have acted as spaces of both curiosity and care. Traditionally defined by dark wood, elaborate detailing, and a plethora of small drawers containing unseen intrigues, these service-forward spaces offered intimate consultations conducted on either side of a counter. Living Beauty boldly reinvents this bygone but invaluable typology, defining an impactful interior design identity for the luxury beauty retailer.

Inside the new space, Bisazza will also showcase collaborations like the trompe-l'œil architectural lllusions by American visual artist Daniel Arsham, and fashion brand Pucci's haute couture patterns reimagined in glass.

Ferrari's move to 425 Park Ave illustrates their commitment to enhance their brand presence with a more accessible, architecturally prominent showroom in New York City.