Tourist tax: Jeremy Hunt orders review ahead of the Budget
The tourist tax is set to be reviewed by the Office of Budget Responsibility ahead of the Spring Budget.
Burberry changes Harrods blue to celebrate department store’s anniversary
Burberry has turned Harrods blue as it takes over the retailer for the whole of February to mark the department store's 175th anniversary.
Farfetch completes Coupang sale despite investor backlash
Farfetch has completed the sale of its business to South Korean ecommerce giant Coupang through a pre-pack administration deal.
Matches CCO Carl Tallents steps down
Matches chief commercial officer Carl Tallents has stepped down from his role following last month's acquisition by Frasers Group.
Norfolk couple win legal fight against Louis Vuitton over name dispute
A Norfolk based couple have won a fight against LVMH owner Bernard Arnault over the name of their gardening company.
Watches of Switzerland warns on profits as luxury slowdown hits Christmas sales
Watches of Switzerland has lowered its sales forecast for the year as consumers continue to rein in their spending on luxury items.
Liberty expands own-label goods in a bid to drive growth
Liberty is widening its range of own-brand products and expecting beauty sales to drive growth, under plans that could lead to new stand-alone stores.
Burberry warns on profits as luxury slowdown hits Christmas sales
Burberry saw sales dip 7% for the 13 weeks ended 30 December 2023, dropping from £756m the previous year to £706m.
Fortnum & Mason Christmas sales soar but shoppers trade down
Fortnum & Mason saw year-on-year sales rise 17% in the five week lead up to Christmas, as it held bumper sales of its food and decorations.
Pandora shines brighter than expected as revenues hit £1.2bn
Pandora saw a "strong end to 2023" as trading during the key golden quarter period beat expectations.