Prada hails ‘outstanding’ UK sales amid luxury struggles August 5, 2024 The UK arm of Prada has hailed its "excellent" and "outstanding" performance despite the wider slowdown in luxury sales.
Ritz Paris: Profit slashed despite US popularity at Al-Fayed-owned luxury hotel August 5, 2024 Ritz Paris, the luxury hotel owned by the Al-Fayed family, saw its profit slashed during 2023 despite sales jumping thanks to its continuing popularity among US visitors.
Boardroom Uncovered: How Virgin Group’s CEO went from New Zealand to running Richard Branson’s empire July 30, 2024 Boardroom Uncovered is City A.M.‘s on-camera interview series featuring the CEOs of the biggest and best-known companies operating in the UK.
Raleigh: Future of historic bicycle maker in doubt July 24, 2024 The future of Raleigh, which was once the largest bicycle maker in the world, has been put into doubt after being served with warning notices from Companies House.
Hewlett-Packard: Cost cutting boosts HP profit but UK sales slip further away from £1bn mark July 24, 2024 Revenue at the UK arm of Hewlett-Packard (HP) slipped further away from the £1bn mark during its latest financial year while a range of cost reduction measures boosted its profit.
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.
Expedia: Profit more than doubles as UK sales surge as travel demand returns July 24, 2024 The UK arm of Expedia saw its profit more than double as its turnover surged by almost £60m during 2023, it has been revealed.
Profit cut at Mercury Prize and Official Charts owner despite BRIT Awards success July 24, 2024 The organisation behind the Mercury Prize and that co-owns the Official Charts Company saw its profit cut during 2023 despite the financial success of the BRIT Awards.
Best London restaurant revealed as top bistro crowned ‘perfect local’ July 24, 2024 An eatery in London's Clapton has been named as the best restaurant in the capital while the top British local has also been revealed.
Rolls-Royce signs £232m private jets deal July 23, 2024 Rolls-Royce has signed a deal with American private jet carrier JSX worth $300m (£232m) over ten years.