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256 Search results for Mulberry

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  • Mike Ashley’s investments double to £1bn thanks to Hugo Boss shares

    Retail

    The total value of the stakes Mike Ashley’s empire holds in the likes of Hugo Boss, AO World and Boohoo have doubled to £1bn in just over a year, it has been revealed. According to the group’s latest financial results, which have been filed with the London Stock Exchange, the value of its investments in [...]

  • Aboard the real Orient Express train from Europe to the East

    Life&Style

    It has always irked me that trains billed as the Orient Express, like the Venice-Simplon-Orient-Express, only go as far as Istanbul. Why evoke the romance of the Orient only to end the journey at the edge of Europe? It’s a disappointment, but more gallingly for anyone passionate about long-distance train travel, it’s also a missed [...]

  • Microsoft, Meta, Tesla & Apple: What this week’s tech earnings tell us about the AI boom

    Tech

    Microsoft, Meta, Tesla and Apple kicked off the tech earnings season this week, giving us snapshot of how spending on AI is shaping the tech sector. Here’s what we’ve learnt about the AI boom so far. AI spending shapes the tech sector This week started with the rise of Chinese startup DeepSeek causing headwinds on [...]

  • Microsoft and Meta defend AI spend post DeepSeek shock

    January 30, 2025

    Tech giants Microsoft and Meta both addressed and defended their substantial investments in artificial intelligence (AI), despite recent headwinds. Both firms kicked off the earnings season on Wednesday, just days after Chinese startup DeepSeek broke the internet, as well as the market, on Monday. Its recent global traction followed the release of its new AI [...]

  • Mulberry: Luxury brand looks to turnaround ‘sub-optimal’ performance

    January 30, 2025

    British luxury plan Mulberry has unveiled a turnaround plan aimed at rescuing the retailer from a period of decline. This comes after its share price has fallen 17 per cent in the last month and more than 30 per cent in the last year. Revenue for the last quarter of the year fell 18.3 per [...]

  • Grab the popcorn: Retail’s five most dramatic stories this year

    December 27, 2024

    From Boohoo’s boardroom dramas to The Body Shop’s salvation in the nick of time, 2024 has been a big year in retail. City AM counts down its top five retail dramas this year (spoiler alert: Mike Ashley is at the centre of two of them). Asda tumbles down the supermarket charts Asda has faced a [...]

  • How St James’s Place is changing its opulent image

    December 9, 2024

    St James’s Place is working to overhaul the ‘cruise and cufflink’ image that it has long been saddled with, including dropping its annual conference for advisers at the 20,000-capacity O2 Arena. The wealth manager giant, which will be re-promoted to the FTSE 100 later this month, has dropped the opulent gathering with its 4,852 advisers [...]

  • How I crafted the perfect recipe for my multimillion-pound biscuit brand

    December 3, 2024

    Building a successful business takes a focussed mind and a steady hand - but can you have both?

  • Week ahead: Frasers Group and Berkeley results in focus

    December 2, 2024

    Mike Ashley’s Frasers Group and housebuilder Berkeley are among the FTSE 100 firms due to report earnings this week, while investors will also be paying close attention to US jobs data.

  • Mark Kleinman: Handbags (and more) at dawn for activist Ashley

    November 21, 2024

    Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City AM column. This week he tackles Mike Ashley’s newfound penchant for activist investing, Homebase’s turnaround and and Burberry’s flip-flopping Handbags (and more) at dawn for activist Ashley Paul Singer, Bill Ackman…and Mike Ashley? On the list [...]

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