Valentino: Clothes swap campaign leads to UK sales success for luxury brand August 21, 2024 A campaign by global luxury fashion brand Valentino for shoppers to trade in their clothes in exchange for vouchers helped sales jump at its UK arm during 2023, it has been revealed. Valentino’s UK arm has reported a turnover of £38.9m for the year, up from £34.3m, according to newly-filed accounts with Companies House. The [...]
Claridge’s Hotel: Major expansion helps sales and profit surge at five-star London icon August 21, 2024 Sales at Claridge’s Hotel surged by more than 20 per cent in 2023 thanks to a “strong” recovery from the Covid-19 pandemic and the completion of a major expansion project. The five-star London hotel has reported a turnover of £119.3m for its latest financial year, up from the £98.1m it achieved in 2022. According to [...]
Orient Express and Royal Scotsman owner Belmond still in the red despite sales rise August 6, 2024 The UK arm of the company that runs the Venice Simplon-Orient Express increased its sales but saw its pre-tax loss widen during 2023, it has been revealed.
Richard Mille: Luxury watch brand hands out huge pay day as sales success eyed August 5, 2024 Luxury Swiss watch brand Richard Mille has issued a huge dividend and hinted that 2024 will be another year of sales success.
Christian Dior hails ‘great strength’ despite luxury slowdown hitting UK profit July 24, 2024 The UK arm of Christian Dior has said it showed "great strength" in the face of "continued economic and political volatility" which saw its profit dip during 2023.
Mulberry continues to suffer on weak luxury demand May 1, 2024 Consumers have continued to spend on makeup and beauty goods but have reduced their spend on some luxury items like handbags.