Ray-Ban owner blames wet British summer for slower sales May 15, 2024 "One of the wettest summers in recent history" dimmed the rise in sales at the owner of Ray-Ban in 2023, it has been revealed.
Unilever struggles to find buyer big enough for its ice cream empire April 21, 2024 Consumer goods giant Unilever may be forced to hold on to part of its multibillion-pound ice cream operations as the business' massive size makes it difficult to offload.
What was the driving force behind Cazoo’s crash? May 30, 2024 Cazoo fell into administration last week, after cutting 728 jobs earlier this year. The news came just three years after the digital used car retailer was listed on the New York Stock Exchange for $8bn (£6.3bn).So what brought Cazoo to this point? Experts have highlighted the fundamental differences between cars and other products you might [...]
Flutter inches closer to primary US listing as more firms fall out of love with London April 28, 2023 London-listed gambling company Flutter yesterday won shareholder approval to launch a secondary listing in the US, paving the way for it to switch its primary listing in the future. 99 per cent of shareholders approved the secondary listing at Flutter’s annual general meeting on Thursday. The listing is expected to take place later this year, [...]
One of Manchester United’s top investors has ditched more than half of its stock November 13, 2023 It comes as Sir Jim Ratcliffe nears a deal for 25 per cent of the club.
Coach and Stuart Weitzman owner plunges into the red as ‘price sensitive’ Kate Spade customers slow sales April 22, 2024 The UK arm of American luxury fashion brands Coach, Kate Spade and Stuart Weitzman plunged into the red after losing more than £60m during its latest financial year, it has been revealed.
Cazoo formally enters administration as parent company prepares for liquidation May 21, 2024 Online car retailer Cazoo has formally collapsed into administration while its parent company is heading for liquidation.
Tyman: Building products supplier set to go stateside as Quanex agrees terms for £788m takeover April 22, 2024 Building products manufacturer Quanex has agreed terms to buy London-listed peer Tyman for £788m, in a deal that would see the combined group float in New York.
Sales rise fails to stop Build-a-Bear Workshop entering the red March 14, 2024 The UK arm of Build-a-Bear Workshop fell to a loss despite increasing its sales in its stores by 35 per cent, newly-filed accounts have revealed.
Ratcliffe contemplating minority Manchester United bid, reports October 2, 2023 British billionaire Sir Jim Ratcliffe is reportedly contemplating a new bid for Premier League club Manchester United that would see the Ineos chemicals company owner seek a minority 25 per cent stake in the Old Trafford outfit. Ratcliffe was seen to be in a two-horse race with Qatari Sheikh Jassim Bin Hamad Al Thani for [...]