MBS Intelligence

Category: Fashion & Luxury

As Bella Hadid walked down the runway at Yves Saint Laurent on Wednesday, it marked not only the close of Paris Fashion Week, but the

As we explored in our column last week, the luxury market in India is a space full of opportunity, as international fashion houses have been

Earlier this year, Elliott and I had the privilege of being shown around Bourdon House, dunhill’s flagship store in Mayfair. It has been the brand’s

In recent years, our luxury team at The MBS Group has done as much work in interiors and homewares as it has in apparel and

Fashion has always been a key driver of culture, simultaneously reflecting and steering societal changes. In the summer of 2020, we saw the fashion industry

Diversity and Inclusion in Fashion, produced in partnership with British Fashion Council, looks in depth at how diverse our sector’s leadership teams are in 2023,

Latest News

Saks Global names CFO. Brandy Richardson has been appointed to the role. She spent the majority of her career at the Neiman Marcus Group where she held several finance leadership roles over her 15-year tenure. She begins on 18 August, succeeding interim CFO, Mark Weinsten.
EasyJet profits rise. Q3 profits for the low-cost airline improved by £50m to £286m, while airline passenger numbers increased by 2% in the three months to 30 June. The company remains positive on its outlook for the rest of the financial year.
Ocado Group posts surge in first-half earnings. EBITDA rose to £91.8m from £52m in the first half, while revenue was ahead 13.2% to £674m. The company, which sells bespoke technology to other retailers and operates a joint venture in the UK with M&S, is focused on becoming cashflow-positive next year.
Frasers Group reports rise in profits. The Flannels owner reported adjusted pre-tax profit of £560.2m which was an increase of 2.8%. It says it expects this to be between £550m and £600m for the current year as it seeks to address “various macro headwinds”.
DFS set to beat guidance following strong trading. Annual profits at the sofa specialist are expected to come in “slightly above top end guidance” after strong trading continued into the second half. Group order intake was up 10% year-on-year and profit guidance sits between £25-29m up from £10.5m.
Dunelm’s Q4 sales rise. The homeware specialist saw a 4% uplift in Q4 revenues while full year sales to 28 June rose 3.8% to £1.77bn. It has said it has made “good progress against strategic priorities” and expects to report its full-year profits in line with consensus.

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