Roman: Retailer behind viral dress that ‘broke the internet’ posts record sales July 10, 2024 Roman, the clothing retailer behind a viral dress that in 2015 ignited an international debate over its colour, has seen record sales as its post-pandemic comeback continues.
London tech scale-up Unmade acquired by clothes manufacturer Hi-Tech Apparel July 10, 2024 The deal, valued at 10 times the company revenue, will see Unmade, which is working to solve fast fashion's problems though tech-enabled customised clothing on demand, work with Hi-Tech to automate the fashion industry.
Travis Perkins appoints non-exec as new boss July 10, 2024 Pete Redfern has been appointed as the new chief executive officer of Travis Perkins, succeeding current CEO Nick Roberts, who is leaving after five years in the role. The UK-based building supplies firm has suffered in the economic downturn and slowdown in construction, with profits falling as much as 70 per cent in 2023. “[Redfern] [...]
Majestic Wine and Poundstretcher owner Fortress cuts costs July 10, 2024 The UK arm of Fortress Investment Group, whose portfolio includes the likes of Majestic Wine, Punch Pubs and Poundstretcher, saw its revenue and profit dip during 2023 as its US owner cut costs.
Bic pens UK sales rise despite ‘highly competitive’ market July 10, 2024 The UK arm of pen and lighter brand Bic has seen sales nudge up despite a "constant" inflationary changes impacting its customers, newly-filed documents have revealed.
HSBC to revamp investment bank to look more like Citi July 10, 2024 HSBC is reportedly reshaping segments of its investment banking arm, following in the footsteps of rivals like Citigroup.
Jamie Laing: Made in Chelsea and Radio One star’s Candy Kittens surges into the black July 10, 2024 Candy Kittens, the cat-shaped confectionary brand owned by Radio One DJ and Made in Chelsea star Jamie Laing has surged into the black, according to newly-filed documents.
Direct Line to put flagship brand on price comparison sites for the first time July 10, 2024 Direct Line will list its signature brand on price comparison sites for the first time in its history, having held off doing so for years.
Moto raises prices to battle inflation as motorway service station giant’s owners mull £2bn sale July 10, 2024 Motorway service station giant Moto upped its prices to help battle the rise in costs during its latest financial year as its owners weigh up putting the company up for sale for £2bn.
Is UK housing back on track? London estate agent Winkworth’s sales are on the up July 10, 2024 Winkworth Estate Agents have announced a boost in sales figures after a two years of falling sales amid a tight housing market. The company expects pre-tax profits for the year to be in line with market expectations of £2.4 million, and announced a shareholder dividend of 3p per share to be paid for the second [...]