Company is exploring strategic options and may concentrate on its travel business
Also in this week’s newsletter, losses widen again at DAZN
Critics of ‘roll up’ strategy say consolidation has stoked price inflation but industry says other factors are at play
Retailer’s decision comes days after Trump restricted similar programmes within the federal government
Safety products group remains confident of US prospects
US high-end shoppers boost British luxury brand as it mounts turnaround
Commitment takes billionaire’s investments in DAZN to more than $6.7bn since the streaming service was founded in 2016
Calls grow for return of tax-free shopping to UK; Tiffany reawakens its horological heritage; the jewellers of Rue de la Paix; F1 deal puts Tag Heuer on track for big league; Tornare dials down the hype in Hublot rethink; illusion designs deliver sparkle for price-savvy consumers
The colours and textures of materials such as agate and marble lend pieces an individuality prized by buyers
The brand’s fresh CEO wants less ‘hyperactivity’, fewer limited editions and a greater focus on timepiece engineering
Watch and jewellery companies report double-digit falls in sales to foreign visitors since measure was abolished post-Brexit
The street’s fortunes are recovering as established flagships are joined by younger but ambitious brands
The brand is revamping its line-up, adding pricey models more aligned with its established designs
The company seeks investors to expand its studio concept in the US market
Richer customers less exposed to inflation are driving brands to target the high end, opening up the mid-market for others
Analysts say the sport’s rising popularity justifies the sponsorship but it still represents a gamble to boost sales
Cities such as London and New York have become springboards to reach buyers looking for cultural authenticity
Farming faces environmental difficulties but demand from Asia especially remains buoyant
In an unregulated market often prone to legal disputes, the knowledge of certified experts is becoming ever more crucial
Fashion retailer blames mild autumn weather and ‘cautious’ consumer sentiment
Supermarket chain will lose a fifth of senior management roles and close in-store cafés
German brand launches cost cuts as results highlight diverging fortunes with rival Adidas
Tesco and Lidl express concern about the impact of Sir Keir Starmer’s proposed reforms
Higher costs being passed on to customers either directly or through ‘shrinkflation’
French brand to open new stores in New York and other cities as part of plans to increase total annual sales by 25%
