Mulberry makes surprise chief executive change amid luxury spending struggles July 9, 2024 The luxury brand has suffered this year as wealthy shoppers continued to slow their spending.
Ferrari Group strikes gold as shipping bottlenecks give way to record sales June 20, 2024 Ferrari Group, which specialises in shipping jewelry and luxury goods across the globe, has reported the strongest sales in its 50 year history as ongoing efforts to expand its catchment area begin to pay off.
Mandarin Oriental: Five-star London hotel issues warning ahead of Trump v Biden rematch June 12, 2024 The luxury Mandarin Oriental hotel in London's Hyde Park has warned that the upcoming US election between President Joe Biden and Donald Trump is impacting the number of international guests heading to the capital.
Burberry boss misses out on bonus after ‘challenging’ year for luxury label May 30, 2024 The chief executive of luxury label Burberry will not receive a bonus for its latest financial year after its results underperformed during a "challenging" year.
Bentley names Porsche boss as new chairman and chief executive May 28, 2024 Luxury car maker Bentley has named a top executive at Porsche as its new chairman and chief executive.
Bicester Village: Shoppers eyeing bargains on luxury help sales and profits surge May 23, 2024 Shoppers seeking a bargain on luxury helped the company behind Bicester Village, which was founded by the family that owns the Empire State Building in New York, increase its sales and profits last year, according to newly-filed accounts.
Losses widen at owner of five-star London hotel The Stafford and Michelin restaurant May 17, 2024 The owner of The Stafford, a five-star hotel in London as well as a Michelin-starred restaurant, saw its losses widen in 2023 after the decline of staycations and the worsening economy in the UK.
Watches of Switzerland: Rolex seller ‘cautiously optimistic’ as it posts modest growth amid ‘rich-session’ May 16, 2024 Watches of Switzerland, the British retailer which sells the likes of Rolex and Tag Heuer watches, said it was “cautiously optimistic” about trading over the next financial year as the firm reports modest growth.
Cannes-do: Ducking and diving at the most famous film festival May 15, 2024 often been crudely pigeonholed as a sunny place for shady people, here’s some insider info I’ve picked up from my time at Cannes
Range Rover Sport review: A luxurious SUV with added attitude May 14, 2024 Tim Pitt drives the latest 2024 Range Rover Sport. Is this plush SUV a better buy than its full-size sibling?