Grosvenor Group, which operates 300 acres of prime property in the West End of London on behalf of The Duke of Westminster, returned to pre-tax profit in 2024. The multi-billion pound estate earned £24 million for the 12 months to the end of December, having suffered a £175 million loss in 2023, as the business […]
By Reuters Published May 28, 2025 Golden Goose reported a 12% rise in net revenues at a constant exchange rate to €164.5 million ($186 million) in the first quarter, driven by a strong performance in the EMEA region, the Italian luxury sneaker maker said on Wednesday. Shoes are seen in a Golden Goose store in
Italy’s Golden Goose posts 12% rise in first-quarter revenues Read More »
British jewellery brand D Louise has linked with Chelsea FC Women as its first official partner, and for good reason. The high-profile team has just finished the domestic season unbeaten while winning all three domestic trophies and the tie-up will be a perfect platform to “bring the brand’s purposeful, tarnish-free pieces to fans and players
All-conquering Chelsea women’s team names D Louise as first jewellery partner Read More »
Athleisure brand Tala’s growth has seemed to be unstoppable in recent periods but its US expansion is having to take a back seat for now. In response to tariffs imposed by US President Donald Trump, its £5 million investment in growing the American market is now on ice. Tala The Times reported that CEO Morgan
As Tala opens first UK store, tariffs bite and its US expansion is paused Read More »
By Reuters Published May 28, 2025 According to three sources familiar with the matter, Shein is moving forward with plans to list in Hong Kong after its proposed initial public offering (IPO) in London stalled due to delays in securing Chinese regulatory approval. Shutterstock One source said that the fast-fashion giant China-founded aims to file
Shein eyes Hong Kong IPO as Chinese regulators stall London plans Read More »
Following news of White Stuff CEO Jo Jenkins’ exit, the now-TFG-owned company hasn’t wasted time in getting its leadership team in shape. White Stuff It has promoted from within and named trading director Tracey Verghese as its new managing director, with immediate effect. She’s been trading director for six years but originally joined in 2018
After CEO exit, White Stuff trading director Verghese becomes MD Read More »
By Bloomberg Published May 27, 2025 Swiss watch exports surged by almost a fifth in April, as shipments to the United States more than doubled ahead of potential expanded tariffs announced by President Donald Trump. Getty Images According to the Federation of the Swiss Watch Industry, total exports rose 18% for the month, reaching 2.5
Swiss watches see 18% shipping boom ahead of possible Trump tariffs Read More »
M&S is still reeling from its cyberattack but aside from the work going on to counter that, it’s business as usual elsewhere. And part of that is a focus on key roles within the firm. Reuters It has just announced the creation of a new one — retail director — with Thinus Keeve taking up
Thinus Keeve is new M&S retail director Read More »
By Reuters Published May 27, 2025 Confidence among British retailers fell at the sharpest pace in five years and a decline in sales volumes gathered pace as stores expect conditions to worsen, a Confederation of British Industry survey showed on Tuesday. Reuters The CBI’s quarterly gauge of business sentiment plunged in May with a net
UK retail sentiment plummets in May and sales fell more sharply, CBI says Read More »
Fast-track expansion for designer eyewear brand Bloobloom has been given a major boost, raising £3 million to support UK retail growth, the rollout of European retail stores, and to grow its online presence in the US. The new funding arrives after the brand, which claims over 100,000 active customers and a sales retention rate of
Bloobloom expansion continues with new £3m funding round Read More »
