Richard Mille: Luxury Swiss watch brand’s sales tick past major milestone August 13, 2025 Sales at the Europe, Middle East and Africa arm of luxury Swiss watch brand Richard Mille have ticked past a major milestone as its growth streak continues. The London-headquartered division has posted a turnover of CHF 404.4m (£371.2m) for 2024, up from the CHF £378.7m it achieved in 2023. New accounts filed with Companies House [...]
Maserati: UK profit surges as sales accelerate August 8, 2025 Profit at the UK arm of Maserati has almost doubled in the last four years as its sales continue on their upward trajectory. The car maker, which is owned by Stellantis, has reported a pre-tax profit of £326,000 for 2024, up from the £321,000 it posted in 2023. The latest figure is up from the [...]
Aston Martin: Why going private could be the right road for luxury carmaker July 29, 2025 Luxury carmaker Aston Martin could delist from the London Stock Exchange and return to private ownership as a way to boost its balance sheet, according to an analyst. Experts at Third Bridge have said the move could have a number of benefits for the Warwickshire-headquartered brand including “improve agility, attract long-term partners, and reduce the [...]
Christian Dior: UK sales and profit slashed despite demand for watches and jewellery July 28, 2025 Sales and profit at the UK arm of Christian Dior have been slashed despite the uptick in demand for the luxury fashion brand’s watches and jewellery. The London-based division’s revenue fell from £32.4m to £280m in the year while its pre-tax profit was also cut from £46.6m to £27.6m over the same period. Its latest [...]
Christopher Ward: US sales surge for luxury watchmaker July 23, 2025 Sales at luxury watchmaker Christopher Ward jumped by 50 per cent in its latest financial year fuelled by huge growth in the US. The business, which was founded by Christopher Ward, Mike France and Peter Ellis in 2004, has posted a turnover of £45.3m for the year to 31 March, 2025, up from the £30.5m it achieved in [...]
Rolls-Royce banking on bespoke cars to attract super-rich July 23, 2025 Wealthy buyers seeking to personalise their new Rolls-Royce helped boost the luxury car brand’s profit in 2024 despite falling sales. The Hampshire-based business, which is owned by BMW, said its bespoke service reached a record level last year with a 10 per cent increase on average per car year-on-year. Rolls-Royce Motor Cars added the rise [...]
Equinox losses nearly triple in the UK amid luxury sector woes July 23, 2025 Equinox has posted a near-tripling in its UK losses as the fitness firm became the latest to suffer amid a downturn in the luxury sector. The firm, which has just three sites in the UK – all in central London – posted a £21m loss for its 2024 financial year, a rise of 267 per [...]
Luxury watch crime ‘remains a threat’ but recovery rates improve July 22, 2025 The theft of luxury watches remains a significant risk for owners despite the rate of recovery jumping in the last year, according to new data. In the first six months of 2025, The Watch Register located 607 lost and stolen watches through its global database, a 26 per cent increase on the same period in [...]
Burberry: Early signs of turnaround take shape July 18, 2025 Burberry reported a smaller-than-expected dip in sales this morning as new chief executive Joshua Schulman’s early efforts to revive the luxury label begin to take hold. In a trading update for the 13 weeks to 28 June, the British fashion house said retail revenue fell six per cent to £433m, with comparable store sales down [...]
Burberry shares back in fashion after doubling in value to near FTSE 100 return July 7, 2025 Shares in Burberry have doubled in value in the space of just three months as the fashion label seeks a return to the FTSE 100. The fashion label’s market capitalisation has been on the rise after its shares fell to 654p on 18 April after having commanded a price of more than 1,200p on 7 [...]