Firmdale: Record year for luxury London and New York hotel group amid expansion plans August 5, 2024 Turnover at the group behind luxury hotels in London and New York edged to almost £200m during its latest financial year, 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.
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.
Center Parcs: Holiday giant’s profit hit as consumers tighten the purse strings August 1, 2024 Holiday park operator Center Parcs has seen a sharp fall in its pre-tax profit as "lower levels of disposable income" eroded consumer spending, according to newly-filed documents.
Wayfair profit down despite homeware giant laying off more than a quarter of staff July 25, 2024 The UK arm of online homeware retailer Wayfair has seen its profit dip despite cutting around 30 per cent of its workforce in a bid to save costs, newly-filed documents have revealed. The company, which sells furniture and homeware through its website, saw its pre-tax profit fall to £2.6m in 2023, down from £2.7m in [...]
Crew Clothing weathers ‘volatile’ retail landscape to rake in record profit July 25, 2024 Crew Clothing has stood strong amid a "challenging and volatile" time for retail to achieve a record profit, according to newly-filed documents.
Crufts organiser has rough year as costs skyrocket for legendary dog show July 24, 2024 The Kennel Club, the organisation behind iconic dog show Crufts, has slipped into the red after the cost of hosting its famous events "increased significantly" leaving it in an "extremely challenging financial situation".
Trafford Centre: Profit slashed despite revenue nearing £100m at Manchester shopping icon July 24, 2024 The company behind Manchester's Trafford Centre has seen its profit more than halve despite its revenue soaring to almost £100m, according to newly-filed documents.
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.