Luxury stocks boom as Richemont kicks off reporting season with a bang January 16, 2025 Luxury stocks across the world have been given a boost by Cartier-owner Richemont’s booming sales figures this morning. Richemont’s report, the first set of luxury results covering the festive season, indicated that the luxury market may finally be recovering from a slowdown that has lasted nearly two years. Revenue from jewellery, Richemont’s biggest division, rose [...]
Kurt Geiger: Record holiday trading as US expansion pays off January 15, 2025 Growth at Kurt Geiger outpaced expectations last year driven by American demand for the luxury footwear and accessories brand. Despite general gloom in the retail sector, December 2024 was the most profitable month in the brand’s history, with its 17 per cent growth credited to a 54 per cent rise in handbag sales and its [...]
Fortnum & Mason to ‘limit price rises’ as it battles surging costs January 14, 2025 Iconic London store Fortnum & Mason has vowed to limit increasing prices in the wake of tax rises by the Labour government. The retailer, which can trace its roots back to 1707, has said the outlook for its operating costs in 2025 “remains challenging”. The company pointed to inflation, labour costs, tax increases, raw materials, [...]
The Wolseley: Group behind high-end London restaurants eyes new openings January 9, 2025 The group behind some of London’s best-known restaurants is looking to open new locations at home and abroad. The Wolseley Hospitality Group, which is owned by Minor Hotels, currently operates nine high-end restaurants in the capital: The Wolseley, The Delauney, Brasserie Zedel, Colbert, Fischer’s, Belanger, Soutine, Manzi’s and The Wolseley City. The strategy update has [...]
Rolex Price Hikes 2025: What They Mean for Collectors and Buyers January 6, 2025 The watch community has long speculated about whether Rolex would raise its prices in 2025, and now the answer is clear: yes, they have. The adjustments span across nearly all collections, from the utilitarian Submariner and GMT-Master II to the elegant Day-Date and Datejust. While some increases are modest, others are significant—particularly for models featuring [...]
Sport sponsorship: Best deals, who’s investing and 2025 growth January 5, 2025 As 2025 kicks off, the sports sponsorship landscape is brimming with opportunity. New trends are emerging and the environment is ripe for seasoned sponsors to make bold investments promoting new brand offerings. With Premier League clubs preparing for life after gambling sponsors and athlete-driven media platforms gaining traction, the industry is undergoing a transformation that [...]
Best watches to buy for 2025, from Patek Philippe to Bremont December 26, 2024 If you’re looking for a super-stylish and extremely capable watch to see in the new year – and many many new year’s to come – we have a great list of seven of the best watches to buy for 2025, from a brilliant Bremont to a sumptuous Seiko, and from Patek to Christopher Ward. Bremont [...]
Omega Speedmaster makes a giant leap back December 23, 2024 Omega didn’t know it at the time, but one of NASA’s earliest astronauts, Walter M. ‘Wally’ Schirra had taken a shine to Biel/Bienne’s pre-eminent watchmaker. Specifically, its relatively new entry to the post-war boom in mechanical stopwatch wristwatches, or ‘chronographs’, the Speedmaster. Long before its qualification as the American space agency’s standard-issue timepiece for the [...]
Strathberry: Profit doubles at luxury handbag maker loved by Princess of Wales and Meghan Markle December 12, 2024 Profit more than doubled at luxury handbag maker Strathberry, which counts the Princess of Wales, Jennifer Lopez and Meghan Markle among its fans The Edinburgh-based business has reported a pre-tax profit of £3m for the 12 months to 30 April, 2024, up from the £1.3m it posted in the prior year. Newly-filed accounts with Companies [...]
Top travel trends of 2025 from racketeering to f**k-it lists December 11, 2024 From Racketeering to F**k-it Lists, a new report from travel trend forecasting agency Globetrender has revealed the top travel trends of 2025, including where people will be going to and what will be motivating their booking decisions. Download the full report here, but read on for five major trends. The report, titled “Luxury Travel Trend [...]