​Hermès became the latest luxury group to announce a rebound on Friday as the upscale leather goods and fashion maker saw its sales soaring during Q2 and the first half as a whole.

​Visitors have been returning to the West End of London in large numbers in the past week since so-called Freedom Day last Monday when just about all lockdown restrictions were eased in England.

Selfridges is for sale with a formal auction process about to start. It hasn’t been announced by its owners, the Westons, but a news report said Credit Suisse will be canvassing prospective buyers “imminently”.

Department store Liberty has filed its results for the year to the end of January and said that it was "significantly impacted" by the three separate Covid lockdown in the UK that dented footfall to its London flagship.

The house of Karl Lagerfeld is to open a luxury villa estate named Karl Lagerfeld Villas Marbellas by end 2021 in a deal with Sierra Bianca Estates.

​Luxury group Mulberry said on Tuesday that its wholly owned French subsidiary is to end the lease of its store at 275 Rue Saint Honoré and exit the property early.

​Boots owner Walgreens Boots Alliance said its Q3 results exceeded expectations and it raised its full-year guidance to around 10% growth in earnings per share (EPS).

​Footfall in UK city centres may be starting to regain lost ground, but Central London is still lagging other parts of the UK. That said, London is starting to catch up after suffering a footfall plunge in the pandemic.

​The global luxury market is gradually recovering and should return to pre-pandemic levels by next year, a new report shows. 

The world's most valuable apparel and luxury labels saw their values surging during the pandemic, according to Kantar’s BrandZ Most Valuable Global Brands 2021 report released Monday. 

An ambitious plan to transform Oxford Circus into pedestrian-friendly piazzas has been announced with an international design competition kicking off to decide just how the key shopping area will look for decades ahead.

​Selfridges is reportedly up for sale — or at least its owners are exploring their options — after a mystery buyer approached the business with an offer, reports claimed on Friday.

​LVMH-owned luggage brand Rimowa has launched a collab with London-based accessories label Chaos. The company said the two labels are “united by their common appreciation for luxurious design and innovative solutions”.

​The reopening of pubs, restaurants and entertainment venues on Monday boosted footfall to the West End this week, which would have had a positive knock-on effect on retailers in the district.

​The trading environment may have been volatile but luxury giant Richemont still managed to see net profit rising almost 40% in the financial year to the end of March, beating forecasts by a wide margin.

Swiss duty free retailer Dufry reported on Thursday a 67% plunge in underlying first-quarter turnover to 460.3 million Swiss francs ($510 million), hit by travel restrictions to counter the pandemic.