LVMH revenue slides as luxury retailer continues to combat uncertain market July 23, 2024 LVMH, the multibillion-pound owner of Dior and Louis Vuitton, has reported a drop in revenue in the first half of the year, joining other major fashion brands which are suffering from a slump in demand. Revenue for the luxury retail brand came in at €41.7bn (£35bn) for the first half of 2024, the firm said [...]
Why now is the summer of sake: Where to drink this amazing wine July 23, 2024 This is the summer of sake in London – and about time too. I had been under the misguided impression that all sake was rough and intensely boozy, the type of drink one hocks back as a dare. However, despite a fairly high alcohol percentage, sake is relatively low in acidity and has a graceful [...]
Rolls-Royce Motor Cars: Sales accelerate to almost £1bn as global demand grows July 23, 2024 Rolls-Royce Motor Cars saw its revenue accelerate to almost £1bn in 2023 as demand for personalised luxury vehicles continued across the world, it has been revealed.
Sales slashed at The North Face, Vans and Timberland owner as UK shoppers shy away from new purchases July 19, 2024 Customers reducing their spending on new clothes and footwear saw sales slashed at the owner of brands such as The North Face, Vans and Timberland during its latest financial year.
Radley London issues warning as luxury brand slips further into the red July 19, 2024 Radley London has issued a warning about its future sales after slipping further into the red, according to newly-filed documents.
Christopher Ward: Sales almost double at luxury watchmaker ahead of US expansion July 19, 2024 Luxury watchmaker Christopher Ward saw its profit spike as its sales almost doubled during its latest financial year, it has been revealed.
Champagne Lanson’s UK sales fail to fizz despite popularity in London’s West End July 16, 2024 An uptick in people toasting West End night outs with a glass of fizz failed to boost profit at the UK arm of bubbly producer Champagne Lanson, according to newly-filed documents.
Burberry: Meet the new CEO charged with ‘rebalancing’ luxury brand as job cuts loom July 15, 2024 Meet Burberry's new CEO, its fourth boss in a decade, charged with turning around beleaguered label as job cuts loom.
Is your Rolex watch real? One in ten aren’t July 13, 2024 Technological developments have encouraged a boom in high-end counterfeiting, with CNC machines like 3D printers helping to make fakes harder to spot.
How did Burberry get stuck in the trenches? July 13, 2024 Burberry has struggled to compete with its luxuary peers over the past couple of years.