Rolls-Royce banking on bespoke cars to attract super-rich July 23, 2025 Wealthy buyers seeking to personalise their new Rolls-Royce helped boost the luxury car brand’s profit in 2024 despite falling sales. The Hampshire-based business, which is owned by BMW, said its bespoke service reached a record level last year with a 10 per cent increase on average per car year-on-year. Rolls-Royce Motor Cars added the rise [...]
Luxury watch crime ‘remains a threat’ but recovery rates improve July 22, 2025 The theft of luxury watches remains a significant risk for owners despite the rate of recovery jumping in the last year, according to new data. In the first six months of 2025, The Watch Register located 607 lost and stolen watches through its global database, a 26 per cent increase on the same period in [...]
Will High Net Worths save LVMH’s share price? July 9, 2025 LVMH’s share price has taken a battering as nervous investors shy away from luxury companies amid a global downturn in the market. Its share price has fallen by more than 35 per cent since the end of January; it now trades at its lowest forward earnings multiple in seven years – roughly half that of [...]
Burberry shares back in fashion after doubling in value to near FTSE 100 return July 7, 2025 Shares in Burberry have doubled in value in the space of just three months as the fashion label seeks a return to the FTSE 100. The fashion label’s market capitalisation has been on the rise after its shares fell to 654p on 18 April after having commanded a price of more than 1,200p on 7 [...]
Louis Vuitton: Sales and profit slashed amid luxury spending slowdown June 20, 2025 A continued slowdown in luxury retail spending saw sales at the UK arm of Louis Vuitton slashed by almost £90m and profit tumble during 2024, it has been revealed. The fashion powerhouse has reported sales of £488.2m for its latest financial year, down from the £575.2m it achieved in 2023. New accounts filed with Companies [...]
Radley London to raise prices to combat Trump’s tariffs June 2, 2025 Luxury handbags brand Radley London has warned it will increase its prices in the US amid the ongoing uncertainty surrounding US President Donald Trump’s tariffs. The business, which designs and manufactures luxury handbags, purses and other women’s accessories, said the tariffs the US government has placed on goods being imported from India could hit its bottom [...]
Burberry: CEO tipped for golden reward if fashion label makes FTSE 100 return May 29, 2025 The new chief executive of Burberry could receive a hefty bonus if the fashion label’s shares surge and it re-enters the FTSE 100. Joshua Schulman, who succeeded Jonathan Akeroyd as the CEO of Burberry in July last year, could be handed millions in bonuses and salary if he leads the company back to the London [...]
Watches of Switzerland: US sales drive return to growth May 15, 2025 Rolex and Patek Philppe-seller Watches of Switzerland Group (WOSG) has returned to growth, driven by a double-digit sales rise in the US. The luxury watch seller told markets this morning that full year Group revenue reached £1.6bn in the year ended April 27, up eight per cent year on year and in line with market [...]
Burberry ‘optimal opportunity for investors’ as turnaround gains steam May 15, 2025 Analysts have labelled Burberry’s share ‘undervalued’ as the brand’s plan to turn its back on a rocky year gains steam. The FTSE 250 firm reported a major improvement in half-yearly sales on May 14 – although it wasn’t quite enough to stop the company falling into an operating loss for the financial year. Sales fell [...]
Burberry plans to cut a fifth of workforce in cost-cutting drive May 14, 2025 Burberry has told investors it plans to cut nearly a fifth of staff in the next two years as it looks for cost savings to aid its significant turnaround plan. The British luxury giant plans to shed 1,700 jobs by 2027, nearly 20 per cent of its 9,300-strong workforce. It said the savings in “people-related [...]