Gucci, Prada, and Burberry are no longer in Vogue as ‘richcession’ bruises luxury sales March 20, 2024 A profit warning from the parent brand of Gucci has sunk the share price of not only the brand but also its rivals, in the latest sign that luxury designers are falling out of fashion with investors.
Mike Ashley steps up involvement in Hornby with chief consultancy role March 20, 2024 Mike Ashley has stepped up his involvement in model trains brand Hornby after becoming a consultant to its chief executive.
Hundreds of jobs at risk as Ted Baker owner calls in administrators March 19, 2024 Hundreds of high street jobs could be placed at risk after the owners of Ted Baker filed a notice to appoint administrators.
Unilever: Why job cuts and ice cream split may be a sweet deal for the FTSE 100 business March 19, 2024 Consumer goods giant Unilever is continuing to top the FTSE 100 leaderboard, as news of job cuts and a spin-off of its ice cream business has sweetened investors.
Demand for Rolex and Tag Heuer watches slump as demand in China falls March 19, 2024 Monthly exports of pricey Swiss watches such as Rolex and TAG Heuer have fallen for the second time in three years, led mainly by lower deliveries to Greater China and Hong Kong.
Wickes plots expansion in home solar energy market after slight profit boost in 2023 March 19, 2024 Pretax profit in 2023 was slightly higher than 2022, rising to £41.1m from £40.3m.
DFS issues Red Sea delivery delays warning as furniture giant slashes expectations March 19, 2024 DFS has warned that the ongoing chaos in the Rea Sea could continue to impact its balance sheet as it revealed a reduced financial performance.
Unilever to spin out ice cream business – including Ben & Jerry’s March 19, 2024 Unilever's ice cream brands, such as Wall's, Magnum, and Ben & Jerry's, are among the top-selling global ice cream brands.
Soho House executive chairman : The costs of being a public company currently outweigh the benefits March 18, 2024 The executive chairman of Soho House has revealed the difficulty he has faced as the leader of a public company amid criticism from a short-selling group that suggested the exclusive members club should return to the private market.
Naked Wines: Shares slump as refinancing rumours give investors jitters March 18, 2024 Shares in Naked Wines slumped close to seven per cent today as reports about a refinancing deal with debt advisers appeared to give investors jitters.
