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Luxury

  • Hugo Boss shares soar as Mike Ashley’s Frasers circles

    Retail

    Hugo Boss shares have jumped following a €2bn takeover approach from Frasers, sending its share price above the offer tabled by Mike Ashley’s group. The German luxury brand said it is reviewing the “unsolicited” takeover attempt, which would offer €38 per share, totalling about €1.98bn and valuing the fashion house at €2.7bn. But the takeover [...]

    Mike Ashley, founder of Frasers Group Plc. Photographer: Chris J. Ratcliffe/Bloomberg via Getty Images
  • Year of the fire horse brings glad tidings as Burberry’s bet on China pays off

    Retail

    FTSE 100 fashion house Burberry had spooked the market with its drastic cost-cutting turnaround, but its full-year results saw the brand canter back to profit. Felix Armstrong looks at the firm’s renewed focus on Chinese consumers British luxury brand Burberry has identified a symbol of “luck and prosperity” according to its latest collection for the [...]

    Burberry fashion show runway featuring models wearing luxury designer clothing and accessories in a stylish presentation
  • Watches of Switzerland shares surge on record revenue as US demand soars

    Retail

    Watches of Switzerland shares surged after the firm revealed record revenue growth, boosted by wealthy Americans flocking to luxury watches. The UK’s largest luxury watch retailer hailed a 13 per cent jump in revenue to £1.8bn in the year to May, as revenue climbed by 24 per cent to £1.2bn in its US market alone.  [...]

    Watches of Switzerland sells Rolex, Patek Philippe and Omega
  • Burberry swings back to profit after cost-cutting regime

    May 14, 2026

    Burberry has returned to profit as it hails a “meaningful inflection point” in its turnaround, following drastic job cuts and savings drives. The FTSE 100 fashion house took £49m in pre-tax profit in the year to March, marking a recovery from its £66m pre-tax loss in the year prior.  The brand has pivoted towards “timeless [...]

  • Burberry hopes for boost from its bet on British 

    May 13, 2026

    Burberry approaches its crucial full-year results amid a drastic turnaround. Felix Armstrong unpacks what analysts and investors will be expecting from the FTSE 100 fashion house Is there anything more British than Olivia Colman serving fish and chips? The minds behind Burberry’s turnaround – and a recent ad campaign starring the actress – will be [...]

  • Living by water is a London lifestyle hack. Here’s where to look

    April 20, 2026

    People pay over the odds to purchase property by it, holiday by it and go for rides on it – and we’re even born in it. Experts have long acknowledged that humans are drawn to water for feelings of calmness and serenity. Whether or not that is because of the womb is debateable but highly [...]

  • The watch podcast disrupting the ‘pale, male and stale’ image

    April 17, 2026

    Rashawn Smith and Perri Dash are hoping to change your mind about the watch industry, one podcast at a time, says Laura McCreddie-DoakUnless you’re investigating a cold case, finding a following in the world of podcasting can be difficult. But the Wrist Check Pod seemed to enter the world fully formed when it launched in [...]

  • In the watch world, exposed movements usurp the vintage revival

    April 17, 2026

    A celebration of the watch brands ditching the vintage revival schtick and going mad with movements instead, by Laura McCreddie-Doak BREGUET EXPÉRIMENTALE Describing this incredibly complex watch in a mere 150 words is almost impossible, so, we’ll just stick to its foremost innovation: the magnetic escapement. In a regular mechanical watch, the mainspring provides the [...]

  • Hermès and Gucci shares tank in ‘dismal’ week for luxury brands

    April 16, 2026

    Investors have fled from leading luxury stocks like Hermès and Gucci this week after they revealed tumbling sales as a result of the Iran war. The market was quick to respond to the poor results from several top fashion houses, as doubts swirl around the Middle East’s role as a key market for luxury brands. [...]

  • Dolce & Gabbana co-founder quits and mulls selling stake

    April 10, 2026

    The founder of the leading Italian fashion house, Dolce & Gabbana, has quit the label and is considering flogging his stake altogether.  Stefano Gabbana resigned as chairman in December, according to Italian corporate filings. The fashion mogul founded Dolce & Gabbana in 1985 with his then-partner Domenico Dolce, and the pair had remained in charge of its [...]

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