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Luxury

  • Watches of Switzerland: Why shares in Rolex seller are on the road to recovery

    December 5, 2024

    Shares in Rolex seller Watches of Switzerland have surged to their highest value since January after the retailer revealed positive half-year results. The Leicester-headquartered group reported a revenue of £785m for the six months to 27 October, 2024, a four per cent rise. In a trading update issued to the London Stock Exchange, Watches of [...]

  • Fancy coloured diamonds boosts sales at Boodles

    December 4, 2024

    Revenue has increased significantly at Boodles, the historic jewellery retailer, thanks to a rise in demand for white and fancy coloured diamonds. The family-run business, which was founded in 1798, said revealed its trading in the year to 28 February, 2025, has so far been “encouragingly strong” and showing a “significant increase” in revenue and net [...]

  • Best handbags 2024: The most chic and stylish bags to buy

    December 2, 2024

    Meet the best handbags 2024. Whether you’re drawn to the sleek lines of the Tommy Hilfiger Heritage Faux Leather Tote or the eco-conscious charm of the Tory Burch Ella Bio Mini Tote, there’s something here for every taste. As you consider these options, you’ll want to think about what sets them apart and which fits [...]

  • 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 [...]

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