Business News

3 articles

The Harvey Nichols department store exterior at dusk, symbolizing a new era under Frasers Group ownership and the evolving luxury retail landscape.

Luxury Fashion

Frasers Group Buys Harvey Nichols, Signaling Retail Shift

Luxury fashion retailer Harvey Nichols reported a near $142 million loss after tax for the year to March 2025.

Victoria Laurent·August 16, 2026

Travel + Leisure Co. shareholders enjoying a luxurious cruise at sunset, symbolizing the company's strong financial performance and returns.

Travel & Experiences

Travel + Leisure Co. Reports $961 Million Revenue in Q1

Travel + Leisure Co. returned a substantial $128 million to shareholders in the first quarter of 2026. This bold move unfolded even as its previous quarter revealed a deeply negative return on equity

Lucia Ferraro·July 15, 2026

An empty, elegant chairman's seat in a luxurious, dimly lit boardroom, symbolizing Stefano Gabbana's recent resignation from Dolce & Gabbana amidst debt talks.

Luxury Fashion

Stefano Gabbana Resigns as Dolce & Gabbana Chairman Amid Debt Talks

Stefano Gabbana has resigned as chairman of Dolce & Gabbana, a significant move confirmed by an Italian corporate filing. This leadership change comes as the luxury fashion house prepares for new debt negotiations and a potential €150 million capital injection.

Victoria Laurent·April 10, 2026