Fred Perry issues bumper pay day as sales pass milestone August 22, 2024 British sporting and fashion brand Fred Perry has paid out a bumper dividend after its sales jumped past the £150m mark during its latest financial year. Founded by Wimbledon champion Fred Perry in 1952, the company has issued £90m in dividends for 2023 after its turnover totalled £154.1m for the year. The figure comes after [...]
Downton Abbey maker Carnival Films scraps dividend as earnings dip ahead of third film August 22, 2024 Earnings at the production company behind TV hits such as Downton Abbey dipped in 2023 after the income it generates from its back catalogue fell, it has been revealed. Carnival Films has reported a turnover of £43m for its latest financial year, according to newly-filed accounts with Companies House. The figure comes after the business [...]
Jamie Oliver serves up sales success after flagship London restaurant opens August 22, 2024 Jamie Oliver’s new flagship London restaurant and the continuing popularity of his recipe books helped boost the turnover of the celebrity chef’s group during its latest financial year. The group has reported a turnover of £27m for 2023 after posting a total of £23.6m for 2022, according to newly-filed accounts with Companies House. Its sales [...]
Tourists’ return boosts sales at Italian luxury fashion house Zegna August 21, 2024 Sales at the UK arm of Italian luxury fashion house Zegna jumped by almost a quarter in 2023 thanks to the return of tourists following the Covid-19 pandemic. The division has reported a turnover of £30.7m for the 12 months, up from the £24.8m it posted for 2022. Newly-filed accounts with Companies House also show [...]
Jaguar Land Rover and Porsche supplier almost triples sales August 21, 2024 Andersen EV, an electric charging start-up which supplies the likes of Jaguar Land Rover and Porsche, almost tripled its sales during its latest financial year. The Bedfordshire-headquartered company, which was formerly known as Evios, has reported a turnover of £3.7m for the year to 31 March, 2024, up from the £1.3m it reported in the [...]
Valentino: Clothes swap campaign leads to UK sales success for luxury brand August 21, 2024 A campaign by global luxury fashion brand Valentino for shoppers to trade in their clothes in exchange for vouchers helped sales jump at its UK arm during 2023, it has been revealed. Valentino’s UK arm has reported a turnover of £38.9m for the year, up from £34.3m, according to newly-filed accounts with Companies House. The [...]
Falling number of London taxi drivers leads to LEVC losing more than £100m August 21, 2024 LEVC is attempting to boost its net worth by £100m to combat the falling number of taxi drivers in central London and the expected further decline in its sales this year. The Coventry-headquartered electric taxi maker, which is also known as London EV Company, is in the process of increasing the value of everything a [...]
Claridge’s Hotel: Major expansion helps sales and profit surge at five-star London icon August 21, 2024 Sales at Claridge’s Hotel surged by more than 20 per cent in 2023 thanks to a “strong” recovery from the Covid-19 pandemic and the completion of a major expansion project. The five-star London hotel has reported a turnover of £119.3m for its latest financial year, up from the £98.1m it achieved in 2022. According to [...]
Profit takes off at Bournemouth, Exeter and Norwich airports owner August 20, 2024 Profit at the group behind a number of regional airports surged during its latest financial year thanks to a sharp rise in the number of passengers and amount of cargo it handles. Regional & City Airports Group has posted a pre-tax profit of £14.2m for the year to 31 March, 2024, up from £1.3m. Newly-filed [...]
Flexjet: Increasing popularity of private jets helps UK sales soar August 20, 2024 The UK arm of private jet company Flexjet is eyeing further growth in Europe after increasing its sales and cutting its pre-tax loss during its latest financial year. The London-based division of Flexjet, which operates in the fractional ownership market, has posted a turnover of £40.9m for 2023, up from £38.4m in 2022. Newly-filed accounts [...]