Dolce & Gabbana co-founder quits and mulls selling stake Retail The founder of the leading Italian fashion house, Dolce & Gabbana, has quit the label and is considering flogging his stake altogether. Stefano Gabbana resigned as chairman in December, according to Italian corporate filings. The fashion mogul founded Dolce & Gabbana in 1985 with his then-partner Domenico Dolce, and the pair had remained in charge of its [...]
Stella McCartney: Losses widen as sales hit 15-year low Retail Losses widened at Stella McCartney’s fashion brand in the year the designer bought LVMH out of its stake as its sales fell to their lowest level since 2009, it has been revealed. New accounts filed with Companies House show that the firm’s pre-tax loss went from £25m in 2023 to £33.5m in 2024. Stella McCartney [...]
Profit triples at Cartier owner as UK sales rise Retail Profit has almost tripled at the UK arm of the luxury goods giant behind the likes of Cartier, Net-a-Porter and Montblanc, new results have revealed. Richemont UK has posted a pre-tax profit of £30m for the 12 months to 31 March, 2025, according to its latest accounts which have been filed with Companies House. The [...]
Vivienne Westwood’s heirs bank £35m after record profit December 1, 2025 The widower and heirs of the late Dame Vivienne Westwood have banked £35m after profit at the late fashion designer’s company surged to a new record. Vivienne Westwood passed away at the end of 2022 at the age of 81 leaving her husband Andreas Kronthaler and two children in control of her business interests. Kronthaler, [...]
Versace: UK sales slashed again as profit almost wiped out October 14, 2025 Sales at the UK arm of fashion house Versace have been slashed by a fifth for a second consecutive year as the downturn in luxury spending continues. The division has reported a turnover of £15.2m for the 12 months to 31 March, 2025, new accounts filed with Companies House have revealed. The latest total is [...]
Luxury brands in sport: F1 leading the way, but for how long? October 5, 2025 Take one minute to watch some of the Formula 1 Singapore Grand Prix this weekend and you’ll struggle not to lock eyes with a luxury brand being splashed on an advertising hoarding or chassis panel. One year ago this month LVMH – parent company of the likes of Louis Vuitton, Dior, Moet & Chandon, Tiffany [...]
Selfridges: Losses slashed despite revenue hit October 1, 2025 Losses at luxury department store chain Selfridges have been slashed during its latest financial year despite its revenue taking a hit. The business, which has UK stores in London, Birmingham and two in Manchester, has posted a pre-tax loss of almost £16m for the 48 weeks to 4 January, 2025. The latest figure comes after Selfridges’ [...]
Pandora: UK profit slumps as sales slip after record high September 30, 2025 Profit at the UK arm of luxury jewellery brand Pandora has fallen significantly as its sales slipped back from a record high. The London-headquartered division has posted a pre-tax profit of £14.9m for 2024, new accounts filed with Companies House show. The latest total comes after Pandora achieved a pre-tax profit of £61.1m in 2023. [...]
Profit slashed at Mike Ashley-backed Hugo Boss September 10, 2025 Profit at the UK arm of Hugo Boss, which counts Mike Ashley’s Frasers Group as a major shareholder, has been slashed for a second consecutive year. The London-headquartered division of the German group has posted a pre-tax profit of £9m for 2024, down from the £16.8m it achieved in 2023 and £30.4m in 2022. New [...]
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 [...]