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.
Christian Dior hails ‘great strength’ despite luxury slowdown hitting UK profit July 24, 2024 The UK arm of Christian Dior has said it showed "great strength" in the face of "continued economic and political volatility" which saw its profit dip during 2023.
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.
Burberry shares nosedive as sales collapse and firm cancels dividend July 15, 2024 Gerry Murphy, the chair of Burberry, described the results as “disappointing” and cited a “more challenging than expected” luxury market.
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.