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Luxury

  • Fortnum & Mason: Profit surges at King’s grocer

    Retail

    Profit at Fortnum & Mason surged by more than 60 per cent as its sales also ticked up during its latest financial year, new figures have revealed. The iconic London store has posted a pre-tax profit of £15m for the 12 months to the end of July 2025, a rise from £9.3m. The firm’s turnover [...]

    Fortnum store facade with elegant window displays and iconic clock on bustling London street
  • How Exclusive Collection’s Danny Pecorelli built the top luxury corporate hotel group in the land

    Life&Style

    As managing director of Exclusive Collection, Danny Pecorelli oversees one of the country’s most distinctive luxury hotel groups, with a portfolio that spans country house hotels, a gastro pub, destination spas, Michelin-starred dining, golf, cookery schools and some of the most sought-after corporate meeting spaces in the UK.  Born into the business his father founded [...]

    Danny Pecorelli in a business setting, discussing hospitality industry insights and leadership strategies at a conference.
  • Everyman boss departs with immediate effect weeks after profit warning

    Business

    The boss of luxury cinema chain Everyman Media Group has stepped down weeks after warning over sales and profits following poor box office trading. Shareholders were informed on Monday morning that Alex Scrimgeour was stepping down as chief executive with immediate effect, with current non-executive director Farah Golant to take over on an interim basis [...]

    Everyman has 48 premium cinemas across the UK.
  • Stella McCartney: Losses widen as sales hit 15-year low

    December 17, 2025

    Losses widened at Stella McCartney’s fashion brand in the year the designer bought LVMH out of its stake as its sales fell to their lowest level since 2009, it has been revealed. New accounts filed with Companies House show that the firm’s pre-tax loss went from £25m in 2023 to £33.5m in 2024. Stella McCartney [...]

  • Profit triples at Cartier owner as UK sales rise

    December 16, 2025

    Profit has almost tripled at the UK arm of the luxury goods giant behind the likes of Cartier, Net-a-Porter and Montblanc, new results have revealed. Richemont UK has posted a pre-tax profit of £30m for the 12 months to 31 March, 2025, according to its latest accounts which have been filed with Companies House. The [...]

  • Breitling: UK sales slump by almost £20m at luxury watchmaker

    December 10, 2025

    Sales at the UK arm of luxury watch brand Breitling slumped by almost £20m during its latest financial year. The division of the Swiss watchmaker has reported a turnover of £57.9m for the 12 months to 31 March, 2025, according to new accounts filed with Companies House. That’s down from the £76.3m it achieved in [...]

  • Townhouse: Sales double at luxury nail salon chain backed by Alton Towers owner

    December 8, 2025

    Turnover at Townhouse, a luxury nail salon chain backed by the owner of Alton Towers, has more than doubled as it created hundreds of jobs during its latest financial year, it has been revealed. Townhouse Group has posted a turnover of almost £13m for 2024, new accounts filed with Companies House show. The total is [...]

  • Vivienne Westwood’s heirs bank £35m after record profit

    December 1, 2025

    The widower and heirs of the late Dame Vivienne Westwood have banked £35m after profit at the late fashion designer’s company surged to a new record. Vivienne Westwood passed away at the end of 2022 at the age of 81 leaving her husband Andreas Kronthaler and two children in control of her business interests. Kronthaler, [...]

  • Hôtel Dame des Arts: Literary legacy in this Parisian neighbourhood

    November 25, 2025

    Saint-Germain-des-Prés was once Paris’ artistic beating heart and a notorious meeting point for writers, Carys Sharkey checks in to Hôtel Dame des Arts to see how its legacy lives on The neighbourhood: Saint-Germain-des-Prés There’s a scene early on in James Baldwin’s landmark 1956 novel Giovanni’s Room in which David, a young American living in Paris, [...]

  • ‘I have no confidence in Rachel Reeves to turn things around’

    November 24, 2025

    The chief executive of a luxury hotel group in London has said he has “no confidence” in Chancellor Rachel Reeves ahead of her Budget later this week. Gavin Taylor, who leads Clermont Hotel Group, also branded Reeves as “not particularly business friendly” and that the Chancellor needs to lower the tax burden on companies in [...]

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