​Armani Group’s 2022 results have shown ongoing progress at one of the world’s best-known luxury names as net revenues jumped 16.5% to €2.35 billion and profit rose even faster.

Catalan fashion and cosmetics group Puig has just appointed Marc Toulemonde, ex-L'Oréal, as president of its Derma division, which includes the dermocosmetic brands Uriage and Apivita.

Central London is the place to be if you’re renting prime commercial and office space. Demand is sky-high and in Wednesday’s year-end results, key landlord GPE referred to its “strong strategic positioning".

​UK inflation — including clothing prices — slowed again in April, although the rate remains high and prices continue to rise, which means consumers are thinking long and hard about discretionary purchases. 

M&S’s annual results offered more evidence of the strength of its turnaround with the retail giant reporting higher sales and headline profits, although operating profits were hit by tough comparisons and higher costs. 

Klarna’s UK boss Alex Marsh is stepping down from the buy-now-pay-later (BNPL) financier for personal reasons. A replacement has yet to be announced.

​Ariana’s Grande’s r.e.m. beauty brand has announced a strategic investment led by consumer-focused private investment firm Sandbridge Capital that will help it "optimise its global potential".

The Brazilian antitrust authority has determined that Aesop's exclusive direct-to-consumer online sales model in the country would not impact free competition, thus approving its acquisition by L'Oréal.

UK consumer confidence continues to move higher. From the record lows of late 2022, a steady recovery has gathered pace. 

Celine has this week opened a summer-themed pop-up inside Harrods in London, inspired by St Tropez, while at the other end of the price scale, PrettyLittleThing is also thinking all-things Cote d’Azur.

​Farfetch’s Q1 was an underlying story of progress with talk of a return to profits soon. But it also suffered from the negative impact of currency exchange and a tough backdrop meant more red ink in the accounts.

​The result might not have been a good one for the UK’s entrant at last weekend’s Eurovision Song Contest, but Liverpool, which staged the event, enjoy record 2023 footfall and sales at its key shopping mall.

April’s Easter holiday uplift in England was also seen north of the border last month as Scottish sales for the 2-29 April period rose 9%.

Online fashion giant Yoox Net-A-Porter (YNAP) has named Celine Lefebvre as its General Manager for the Middle East, effective 23 May.

First the good news. For the year ending 31 March, commercial property giant British Land leased out 3.4 million sq ft of space and portfolio occupancy is now 96.7%.

​Shoppers are ready to embrace the world of technology that’s opening up before them, new research from BNPL giant Klarna claims.