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      Gherkins and guffawing: Watching my first Budget, an idiot’s blow-by-blow account

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fashion

  • Fashion in Formula 1: How the paddock became global catwalk

    Sport Business

    The world of fashion has so often been seen as belonging to a select few outposts in London, Milan, Paris and New York. But in 2026 it now belongs, at least in part, to sport.  That’s not to say Roman Abramovich is buying Vogue or the Saudi Arabian Public Investment Fund ponders whether to back [...]

    Lewis Hamilton in white suit, bow tie, beret, and pearl brooch looking directly at the camera.
  • Mike Ashley’s Frasers loosens grip on Burberry

    Retail

    Mike Ashley’s Frasers Group has loosened its grip on Burberry, despite ramping up its pursuit of high-fashion names. The retail giant, which owns Sports Direct and Flannels, had built up a position in Burberry over recent weeks but has now faltered in its pursuit of the group.  Frasers Group had increased its position in Burberry [...]

    Mike Ashley, founder of Frasers Group Plc. Photographer: Chris J. Ratcliffe/Bloomberg via Getty Images
  • Shein UK revenue hits £2.5bn despite IPO woes

    Retail

    Fast-fashion giant Shein took in more than £2.5bn in UK revenue last year as it tightens its hold on British shoppers despite its IPO woes.  The e-commerce firm generated £2.58bn in revenue in 2025, newly published accounts show, as its pre-tax profit widened by 18 per cent to £45m.  Proof of Shein’s growing presence in [...]

    Brown slingback heels next to Shein branded plastic packaging with clothing inside.
  • Why the tie is making a comeback

    October 2, 2026

    Once viewed as stuffy and outdated, the tie is staging a comeback. adam bloodworth explores how the corporate staple is being reclaimed by musicians and London’s underground club scene For generations of men, the tie was something you wore without thinking. Slipping one on was simply part of your morning routine, as mundane as shaving [...]

  • Fast fashion copyright battle continues as Shein granted appeal against Temu

    September 21, 2026

    Fast fashion retailer Shein has been granted permission to appeal against rival Temu in a first-of-its-kind copyright battle in the UK. A judge confirmed in a hearing on Monday that Shein can challenge a judgement handed down last month in the Court of Appeal. The judge said there were “compelling reasons” for the court to [...]

  • Can cautious Wolfson keep stunning Next shareholders?

    September 16, 2026

    Lord Simon Wolfson has become a shareholder darling over his 25 years in charge of Next. Felix Armstrong asks whether he can keep on surprising them. Few companies listed on the London Stock Exchange are more bound up with the personality of their chief executives than Next. Lord Simon Wolfson, the long-time boss of the [...]

  • Mike Ashley’s Frasers ousts Hugo Boss chairman 

    September 14, 2026

    Frasers Group, the retail empire run by Mike Ashley, has overthrown the chairman of Hugo Boss as it seeks control of the German fashion house.  The UK fashion group, which owns Sports Direct, Jack Wills and Flannels, told investors on Monday that Stephan Sturm, chairman of Hugo Boss’ supervisory board, has agreed to step aside.  [...]

  • Victoria Beckham’s fashion empire warns on ‘uncertain’ future

    September 9, 2026

    Victoria Beckham’s luxury fashion empire has warned on its future, cautioning that the group will have to seek emergency funding if its lenders demand their money back.  The former Spice Girl‘s up-market label returned a profit for the first time in the year to December but warned that the “material uncertainties” it faces could cast [...]

  • Mike Ashley’s Frasers weighs move to oust Hugo Boss chief 

    September 1, 2026

    Mike Ashley’s Frasers Group is weighing up a move to oust a boardroom chair at Hugo Boss as it laid out fresh plans to grow its stake in the German fashion house. The retail group, which was founded by the British billionaire, told investors on Tuesday that it wants to control more than half of [...]

  • JD Sports shares crater after ‘King of Trainers’ warns on profit

    August 20, 2026

    JD Sports has slashed its profit target as the growth plan led by chief executive Régis Schultz loses steam, sending its share price into a tailspin. The sports and fashion retailer saw sales performance improve in the UK, but a slowdown in the US and intense discounting by rivals is dragging on the firm’s profit, [...]

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