40 h. ago Falling sales at Stella McCartney fuel fears over fashion label’s future

Directors blame ‘challenging market conditions’ as losses widen from £25m in 2024 to £33m Sales at Stella McCartney’s fashion label sank by more than a quarter last year tipping it further into the red and adding to fears it could run out of money by 2028.Pre-tax losses at the British brand led by the daughter of former Beatle Sir Paul McCartney widened to £33.6m in 2024 from £25m the year before, while sales fell 27% to £16m, according to accounts filed at Companies House. Continue reading...

Politics

8 d. ago Fast food chain Leon will shut restaurants and axe jobs after appointing administrators as its boss blames hospitality industry's 'unsustainable' tax burden

Leon, which employs 1,120 staff, has grappled with falling sales recently and complained of a 'challenging' economy in its latest accounts.

Society

1 week ago UK mortgage rates fall to lowest since September 2022; China’s trade surplus hits $1tn – business live

Trade data shows China’s exports topped forecasts in November, driven by a surge in shipments to non-US marketsBack in China, car sales have fallen for the second month running.Retail vehicle sales fell about 8% to 2.1 million units in November, according to data published by the China Passenger Car Association today. This shows a 22% slump in sales of gasoline cars, with new-energy vehicle sales rising 4.2% for the month.“Usually the trend at the end of the year is that the car market should get stronger and stronger from October. But the retail sales in November compared to previous years is unusual.”“Mortgage rates continue on the downward trend and November was particularly fruitful for fixed rate cuts.The re-pricing by lenders led to the average five-year fixed rate dropping below 5% for the first time in over two years and sits at its lowest point since before the ‘mini-Budget’ in September 2022, alongside its two-year counterpart. Continue reading...

Economics

1 week ago So will Stella McCartney's £5million grand design be dashed by otters (and a LOT of angry eco

It is known as Commando Rock, a place where elite troops were trained for critical missions in the Second World War.

Economics

2 w. ago The Jaws Effect is finally wearing off! Movies like The Meg and The Shallows no longer fuel a fear of sharks

The Jaws Effect is finally wearing off, a promising new study by the University of South Australia has revealed.

Sport

2 w. ago FTSE 100 Live 03 December: CVC deal lifts Smiths, Sainsbury’s falls on Qatar stake sale

Thames Water today reported a backlash from customers after bills were increased in April.

Economics

2 w. ago The Sainsbury’s cardigan that shoppers say ‘guarantees compliments from strangers’ & is so thick it doubles as a jacket

WHEN it comes to the colder season, a cosy knit is the perfect fashion staple. And now shoppers are racing to Sainsbury’s for a stylish cardigan that is so thick it can double as a jacket too. Tu Clothing is the supermarket‘s in-house fashion label and regularly delights fashion fans with its on-trend buys at bargain prices. For AW25, the fashion team has created...

Politics

2 w. ago Settler outposts spread among West Bank villages and fuel fear of more attacks

Palestinians in the West Bank are living in fear of more attacks by armed Israeli settlers

Events

2 w. ago Cate Blanchett Accepts London Honor in Stella McCartney Platform Shoes With Star Motifs

Cate Blanchett Accepts London Honor in Stella McCartney Platform Shoes With Star Motifs  WWD

Politics

3 w. ago Over half of Americans blame Trump for the rising grocery costs

Trump has bragged about the drop in turkey prices, but experts have warned that the fall in costs could actually just be a result of Thanksgiving sales

Politics

3 w. ago The Deep Fashion Roots Of London’s Fizzy New Startup Label “Debute”

The Deep Fashion Roots Of London’s Fizzy New Startup Label “Debute”  Forbes

Politics

3 w. ago The Deep Fashion Roots Of Debute, London’s Fizzy New Startup Label

The Deep Fashion Roots Of Debute, London’s Fizzy New Startup Label  Forbes

Politics

3 w. ago Kohl’s names new CEO after former boss was ousted amid sex scandal

Annual sales at Kohl's have fallen for several years and it's struggled to find a way to grow profits

Economics

3 w. ago Princess Diana's personal designer Paul Costelloe dies aged 80 after leading his fashion label's design team until his death

Princess Diana's former personal designer Paul Costelloe has died aged 80, his label has confirmed.

Events

3 w. ago Apple’s ‘skinny’ iPhone falls flat with disappointing early sales

Consumers chose better value and superior performance over slim new design of Air model

Politics

3 w. ago Retail sales fall unexpectedly in October amid Budget hit to consumer confidence

Official figures showed retail sales by volume fell 1.1% during October, following an upwardly revised increase of 0.7% in September.

Economics

4 w. ago Best Black Friday deals live now at Harvey Nichols: Stella McCartney, Zimmermann, GANNI and more

Discover the latest early Black Friday deals at Harvey Nichols and shop from the comfort of your home

Economics