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Luxury

  • Best gifts for 2024: Our bumper Christmas Gift Guide of 44 must-buy presents

    November 29, 2024

    It’s time to get serious about your presents, whether you’re looking for the best gifts for mum, top presents for dad or filling up a stocking for the rest of the family, we have you covered, from fashion to technology, fashion, fragrance and spirits. Check out our incredible annual gift guide, complete with links to [...]

  • Loss widens at Shangri-La Hotel at The Shard

    November 28, 2024

    The five-star Shangri-La Hotel at The Shard is eyeing an improvement in its financial performance in 2024 despite its pre-tax loss widening during its latest year. The hotel has reported a pre-tax loss of £7.3m for 2023, according to newly-filed accounts with Companies House. The figure compares to the £6m pre-tax loss it posted in [...]

  • Gen Z are leading the way on luxury spirits

    November 27, 2024

    For a generation who famously do not drink as much as their parents or grandparents, unlocking the spending habits of Generation Z on alcohol occupies a remarkable amount of brands’ time. For spirits brand Diageo, who own brands like Johnnie Walker whiskey and Don Julio tequila, the answer can be found in the post-pandemic shift [...]

  • Aston Martin raises £210m following profit warnings

    November 27, 2024

    Falling demand in China, delivery delays and the wider push into electric vehicles (EVs) have hit Aston Martin shares over the last year.

  • Why ‘radical’ Jaguar rebrand is following in Apple’s footsteps

    November 22, 2024

    Jaguar’s controversial rebrand has not been far from the headlines in the last few days, with online commentators slating the move as a “disaster”. The criticism came after the British manufacturer, which is part of the wider Jaguar Land Rover group, unveiled marketing slogans such as “delete ordinary”, “live vivid” and “copy nothing” earlier this [...]

  • Bond Street moves into third for world’s most expensive retail spot

    November 20, 2024

    Bond Street has leaped-frogged Tsim Sha Tsui in Hong Kong to take bronze in a list of the world’s most exclusive retail streets. The shift bucks bucks fears about the decline of brick-and-mortar retail on the high-street and the so-called tourist tax, which has faced campaigners’ calls for scrappage. The average rent on Bond Street [...]

  • Analysts say Frasers ‘was right’ about Mulberry as it faces long road to recovery

    November 19, 2024

    Analysts have painted a grim picture for the future of British luxury fashion brand Mulberry, which announced its half-year results this morning. It implied job cuts with talk of “streamlining” the business, and told markets that retail sales and revenue dropped 17 per cent and 19 per cent, respectively. Its share price fell 10 per [...]

  • Are job cuts on the horizon at struggling luxury giant Mulberry?

    November 19, 2024

    Struggling luxury brand Mulberry has announced it will streamline and rebuild the business as its profit continues to fall, signalling possible job cuts. Mulberry told markets this morning that UK retail sales fell by 14 per cent in the six months to September 28. Sales in Asia fell 31 per cent, while group sales overall [...]

  • Porsche 911 Targa by Theon Design review: Bright fantastic

    November 19, 2024

    Back in the 1960s, Automobile Engineer magazine expressed its fear that dark paint colours made cars more dangerous. Shades such as grey and black, it reasoned, could transform a vehicle into a ‘camouflaged weapon’.   The respected German car magazine Auto, Motor und Sport held a similar view. It suggested that sports cars should be [...]

  • New purist Porsche 911 Carrera T goes back to basics

    November 18, 2024

    Want the purest Porsche 911 experience? The new 2025 Carrera T does without all-wheel drive or a towering rear spoiler. Instead, Porsche has gone back to basics, with an ‘emphasis on driving fun’.  Most significantly, the PDK dual-clutch automatic gearbox is not available on the Carrera T – even as an option. Every car will [...]

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