Selfridges shrugs off cost-of-living crunch as busier high streets boost sales
Selfridges recorded a 29 increase in revenue to £843.7 million for the year to January 28.
Source: salisburyjournal.co.uk
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Selfridges losses narrow amid calls for return to VAT-free shopping
The net loss for the year was £38.9m a stark improvement from an £83.9m dip it posted in the same period last year.
Source: cityam.com
LVMH hit by growth slowdown as demand for high-end drinks falls
Rising inflation, growing global instability and falling demand for high-end drinks have been blamed for a slowdown in growth at the luxury goods multinational LVMH, owner of Christian Dior, Louis Vuitton and Moët & Chandon.
Source: bmmagazine.co.uk
Putin warns Russia and Saudi Arabia could keep cutting oil supplies
Vladimir Putin said that the cuts to oil supplies imposed by Saudi Arabia and Russia will “most likely” be extended as the Opec+ cartel tries to prop up prices.
Source: yahoo.com
Selfridges welcomes back shoppers as revenue leaps
A return of tourists and commuters to high streets has boosted sales and helped to narrow losses at Selfridges. Selfridges Retail, which operates four luxury
Source: thetimes.co.uk