Profits sparkle at Bulgari

Exclusive Italian jeweller Bulgari, should unveil sparkling profits tomorrow. Sales last year are expected to show an 11 per cent increase to £635 million. Bulgari has made a strong comeback since crashing in 2001. The company has slashed costs and upgraded its flagship stores. It has also expanded its range, with watches, perfumes and leatherRead moreRead more

Small retailers campaign for monthly rents

According to the Retail Bulletin, thousands of small retailers are announcing they are joining the British Retail Consortium’s campaign to end a historic rents practice that is imposing severe cash flow pressures. Nine trade associations, including the Association of Charity Shops have come out in support of the BRC’s high profile call for landlords toRead moreRead more

Old-fashioned chic

Tomas Maier has once again proved that true chic is understated and simple and has no need for frills or adornment. For Bottega Veneta’s spring summer 2007 show in Milan today the designer sent his models down the catwalk in a muted palette of beige, sand, chocolate, dusty rose and coral. Accessories were limited toRead moreRead more

Matalan in dispute over suppliers

The Forum of Private Business, which represents 25,000 small businesses, is considering taking legal action against Matalan in a dispute over the discount retailer’s changing payment terms to its suppliers.Last November Matalan demanded a mandatory 2 per cent discount from suppliers to help compensate for tricky trading conditions. A scheduled meeting between the FPB andRead moreRead more

Fayed awards himself £72m dividend

The owner of Harrods, Mohammed Fayed, has paid himself and his family a £72 million dividend as sales of luxury goods increased. Sales for the year came in at £513.5 million, up from £492.3 million the year before, pre-tax profits gained 17 percent to £22.3 million. Sales of fine jewellery rose 11 percent, women’s wearRead moreRead more

Gap’s Mouret collaboration on sale

Roland Mouret’s Galaxy dress was one of last year’s most coveted frocks and was copied by the high street around the world, when actresses such as Scarlett Johansson were photographed wearing the dress. Mouret’s status as a world-class designer quickly rose and subsequently landed him a bonanza of a contract with none other than highRead moreRead more

Swarovski to broadcast London fashion shows

Swarovski’s relationship with all things fashion continues to dazzle this season with the company highlighting the best of the British catwalk shows on its new online tv station. The major shows from designers such as Christopher Kane, Giles and Jonathan Saunders will be broadcast live on www.swarovkisparkles.tv . Giving you front row access to theRead moreRead more

Glamour magazine best dressed

Glamour magazine, one of England’s most widely circulated fashion publications, has announced its 5th annual 50 best-dressed women in the world list. This year’s winner is none other than Kylie Minogue. According to Glamour, Kylie’s look has become softer and sexier, without baring too much as she did in her hot pants days. Jo Elvin,Read moreRead more

Jimmy Choo’s biggest store to date

Luxury shoe and accessories maker Jimmy Choo will open its largest store to date on Madison Avenue. The store, which will feature a Forties boudoir look and feel, will encompass 3,000 square feet, much bigger than was initially intended. The luxurious feel of the interior will be ideal to showcase the brand’s growing offering. EyewearRead moreRead more

M&S restructure gets board support

Marks and Spencer won the public backing of its biggest shareholder yesterday for its plans to promote Sir Stuart Rose from chief executive to executive chairman. Brandes Investment Partners, the US investment group that holds more than 7 per cent in the retailer, issued a rare public statement expressing its support for the new boardRead moreRead more