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The decline of the luxury department store

The struggles of two Swiss retail institutions and the collapse of René Benko’s Signa Group reveal a waning business model.

United kingdomCity ofAdrienne klasaAllan ahlbergThailand central groupBenko signa groupCambridge retail groupSwiss prime siteSigna groupSometimes signaCambridge retail

Are luxury department stores about to check out?

This once great disruptive trailblazer of modern consumption may be no more resilient to trends than any other ordinary retailer

United kingdomCity ofAdrienne klasaAllan ahlbergBrown thomasFinancial timesThailand central groupBenko signa groupCambridge retail groupSwiss prime siteSigna groupSometimes signaCambridge retailRetail group

The decline of the luxury department store

The struggles of two Swiss retail institutions and the collapse of René Benko’s Signa Group reveal a waning business model.

City ofUnited kingdomAllan ahlbergAdrienne klasaBenko signa groupCambridge retail groupThailand central groupSwiss prime siteSigna groupSometimes signaCambridge retail

Business trends, people to watch and risks on the horizon in 2024

Last year taught us to worry about clever chatbots, this year we will find out if artificial intelligence is ready for much wider use. Financial Times.

New yorkUnited statesSan franciscoCity ofUnited kingdomBruxelles capitaleSaudi arabiaFrance generalAdrienne klasaWael sawanSherrod brownBernard looneyBernard arnaultByron callanAntoine garaJohann rupert

Will the extraordinary boom in luxury goods ever end?

Financial crises, a pandemic, geopolitical ructions and more have done little to dent the rise of the luxury sector

City ofUnited kingdomHong kongFrance generalSharon wongAdrienne klasaHarriet agnewLauren indvikLouis vuittonGloria liSamaritaine departmentPetit sac platFinancial timesLuxury goodsFinancial crises

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