Watches of Switzerland, the prominent luxury timepiece retailer featuring brands such as Rolex and Patek Philippe, has moved to reassure investors that the recent 39 per cent tariffs imposed by
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Luxury timepiece retailer Watches of Switzerland has posted record revenues of £1.65 billion, yet shares tumbled 8 per cent following warnings about US tariff impacts on profit margins. The company’s
The 138-year-old British luxury leather goods manufacturer and royal warrant holder Smythson has been acquired by private equity firm Oakley Capital for an undisclosed sum, marking a significant shift in
Selfridges, the iconic Oxford Street department store, is poised to transform its fourth-floor office space into an exclusive members’ club, intensifying the competition for high-net-worth shoppers in London’s luxury retail
Luxury retailer Fortnum & Mason has unveiled ambitious plans to establish its first UK stores beyond London’s boundaries, responding to growing consumer demand for their premium offerings. Chief Executive Tom
Luxury retailers and fashion houses are renewing calls for the reintroduction of tax-free shopping for international tourists as transatlantic trade faces increased pressure from US tariffs. Leading UK trade bodies
Harrods, the iconic luxury department store, has fallen victim to a cyber-attack, becoming the latest retailer in the UK to face such challenges. This comes just days after Marks &
The Weston family, the billionaire force behind retail giants Primark and Fortnum & Mason, has distributed approximately £32 million in dividend payments, demonstrating remarkable resilience in their diverse portfolio despite
Fairfax & Favour, the quintessentially British equestrian-inspired footwear brand, is making significant strides in the American market following royal endorsement from Zara Tindall. The Norfolk-based company has reported impressive organic
The £1 trillion-a-year luxury goods industry is facing unprecedented challenges as sales slump across major markets. Recent figures from industry giant LVMH reveal a concerning pattern, with fashion and leather
Luxury British retailer Fortnum & Mason has delivered impressive financial results, paying £2.6 million in dividends to its billionaire owners, the Weston family, following substantial profit and sales growth in
British luxury streetwear retailer End Clothing has reported a significant financial downturn, posting a pre-tax loss of £43 million in the year ending March 2023, marking a dramatic shift from
Luxury fragrance retailer Jo Malone London has unveiled ambitious expansion plans to open a dozen new stores across the UK, demonstrating strong confidence in brick-and-mortar retail despite widespread high street
Luxury jeweller Fabergé could soon have new ownership as parent company Gemfields evaluates strategic options for the iconic brand amid broader cost-cutting initiatives. The coloured gemstone mining group acquired Fabergé
The remarkable ascent of Gail’s Bakery in the British retail landscape has sparked intense speculation about its potential £500 million valuation, as Goldman Sachs steps in to orchestrate a possible
A significant retail theft operation targeting Lululemon stores across multiple US states has resulted in the arrest of a Minneapolis-St Paul couple, with stolen merchandise valued at nearly £800,000. Jadion
