Luxury Goods
Luxury Goods explores the strategies, performance, and market trends defining the UK’s premium and high-end retail sector. This section covers brand innovation, consumer behaviour, store design, digital engagement, and sustainability within the luxury market. Retail Sector’s Luxury Goods coverage delivers insight for executives, brand managers, and suppliers seeking to understand how evolving tastes, global influences, and economic conditions shape growth and competitiveness across the luxury retail landscape.
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Dec- 2025 -17 December
Richemont UK FY sales rise 5% to record £277m
Richemont has revealed that its UK sales rose 5.3% to a record £277m for the year ended 1 March 2025. Furthermore, the company’s gross profit rose from £113.6m to just under £124m with operating profit almost tripling from £12.5m to £32m. Meanwhile, its net profit for the year jumped from…
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15 December
Pandora appoints new chief executive
Pandora has announced the appointment of Berta de Pablos-Barbier as its chief executive, effective 1 January 2026, completing a leadership transition earlier than originally planned. Pablos-Barbier, currently chief marketing officer, would succeed Alexander Lacik as chief executive, with the change initially expected to conclude at the company’s annual general meeting…
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4 December
Watches of Switzerland revenue and profits surge ahead of festive trading
Watches of Switzerland has reported a surge in its revenues and profits for the 26 weeks to 26 October 2025 (H1 FY26), and said it is “well positioned” to enter the holiday trading period. The group reported a 6% increase in adjusted EBITDA to £69m, while group revenues rose by…
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Nov- 2025 -19 November
Mulberry HY losses narrow as full-price sales lift margins
Mulberry Group has reported that its losses before tax narrowed, from £15.3m to £7.4m, in the 26-week period to 27 September, as the luxury brand pushed ahead with its turnaround strategy and tightened control of costs. The group also maintains that trading remained in line with board expectations during the…
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13 November
Burberry posts first quarterly sales growth in two years
Burberry has revealed that its sales grew 2% in the three months ended 27 September 2025, its first quarterly sales growth in two years. The company stated that this growth came off the back of a turnaround in China, with sales growing 3% in the quarter, following a 5% decrease…
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6 November
Watches of Switzerland HY revenues up 10% to £845m
Watches of Switzerland has revealed that its revenues rose 10% to £845m for the half year ended 26 October 2025. The retailer said that demand for luxury watches remained robust and continued to exceed supply, with consistent additions to and conversions of the client Registration of Interest lists. As a…
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5 November
Capri Holdings Q2 losses widen ahead of Versace sale
Capri Holdings has reported that revenues from continuing operations fell 2.5% to $856m (£675m) for the second quarter ended 27 September, as the company prepares to complete the sale of its Versace brand to Prada. On a constant currency basis, sales were down 4.2% at the New York-listed luxury group…
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4 November
Mulberry boss calls on govt to scrap tourist tax
Mulberry CEO Andrea Baldo has called on the government to consider scrapping the tourist tax as it looks to increase growth in the economy. Baldo told The Telegraph that reintroducing tax-free shopping for tourists would “be beneficial for the economy”. He also believes that it would help luxury manufacturers such…
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Oct- 2025 -15 October
LVMH Q3 revenues reach €18.28bn as luxury demand stabilises
LVMH Moët Hennessy Louis Vuitton reported revenue of €18.28bn (£15.9bn) for the third quarter of 2025, marking 1% organic growth as improving demand in Asia and the United States offset softer sales in Europe. The world’s largest luxury goods group said currency effects reduced quarterly revenue by about 5%, while…
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10 October
Frasers Group acquires majority stake in The Webster
Frasers Group has announced that it has acquired a majority stake in US-based luxury retailer The Webster, marking its first expansion into the North American market. The Webster, founded in 2008 by chief executive Laure Hériard Dubreuil, operates 13 boutiques across North America and represents more than 100 international brands.…
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