Blackstone: New York asset manager splurges on luxury London West End space April 11, 2024 New York-based asset manager Blackstone has paid £230m for a 31,000 sq ft retail space on the affluent New Bond Street strip in the West-End.
Gucci, Prada, and Burberry are no longer in Vogue as ‘richcession’ bruises luxury sales March 20, 2024 A profit warning from the parent brand of Gucci has sunk the share price of not only the brand but also its rivals, in the latest sign that luxury designers are falling out of fashion with investors.
Demand for Rolex and Tag Heuer watches slump as demand in China falls March 19, 2024 Monthly exports of pricey Swiss watches such as Rolex and TAG Heuer have fallen for the second time in three years, led mainly by lower deliveries to Greater China and Hong Kong.
WH Smith finance chief set to retire as senior figure at Burberry picked as replacement for role March 15, 2024 WH Smith has announced that its chief financial officer, after more than two decades at the business, is set to leave the business, to be replaced by a senior member of high-fashion Burberry. Robert Moorhead, the current CFO and chief operating officer of WH Smith, will retire from the business. He joined the company in [...]
One clear trend from London Fashion Week? The tourist tax is failing retail February 21, 2024 London's fashion scene is envied globally, but getting rid of tax-free shopping is an own goal for our retail sector, writes Dee Corsi.
Five London Fashion Week events normal people can attend February 16, 2024 Five London Fashion Week events normal people can attend
Most shorted companies revealed: Petrofac takes top spot February 12, 2024 Seven investment firms held short positions in Petrofac, with Helikon Investments Limited holding the largest position at 3.5 per cent.
What’s On In London In February 2024 February 7, 2024 As London starts to blossom and we emerge from the winter slump. Central London Alliance brings opportunities for you to embrace the romance of the city for Valentine’s Day. In addition, we welcome in the Chinese New Year, with a vast array of exhibitions, events and experiences to keep you busy throughout the month. Revel [...]
Kylie Jenner Instagram post helps drive sales at Kurt Geiger as fans buy ‘affordable’ £270 bag February 5, 2024 Billionaire Jenner, who has 400 million followers on Instagram, posted an image of herself posing with a £270 handbag made by the brand
The Notebook: Hunt must scrap the tourist tax if the UK wants to stay competitive January 29, 2024 Where the City’s movers and shakers have their say. Today, James Chapman, Director of Soho Communications, takes the Notebook pen. The tourist tax is causing the UK to fall behind European rivals Ahead of his Spring Budget, Chancellor Jeremy Hunt is casting around for measures to promote that most elusive of things, economic growth. It’s [...]