B&M: Revenue ticks up as new stores outperform June 4, 2025 Discount retailer B&M has reported a bump in its full-year earnings after progress in France and a better-than-anticipated performance at its new stores. The London-listed Luxembourg-headquartered company reported revenue of £5.57bn in the 52 weeks ended March 29, up 3.7 per cent year on year. It said the higher revenue was “primarily driven” by the contribution [...]
Personal information stolen from Cartier in latest cyber attack June 3, 2025 Luxury brand Cartier has become the latest retailer to report a data breach as cyber attacks continue to hammer the sector. The Richemont-owned brand has warned customers that hackers have stolen a “limited” amount of personal information from its systems. In an email sent to customers and shared on social media, the company said the [...]
Interflora owner returns to profit despite sales slip June 3, 2025 The owner of the UK arm of Interflora has returned to the black despite its sales falling during its latest financial year, it has been revealed. The Lincolnshire-headquartered business has posted a pre-tax profit of £1.9m for 2024, according to new accounts filed with Companies House. The profit comes after the firm behind Interflora’s UK [...]
Sweet success for biscuit giant behind Jammie Dodgers June 3, 2025 The maker of Jammie Dodgers, Wagon Wheels and Party Rings created hundreds of jobs and significantly cut its losses as sales jumped past the £600m mark during its latest financial year. The group, which includes Burton’s Biscuit Company and Fox’s Biscuits, has posted a revenue of £638m for the 12 months to 31 August, 2024, [...]
Gone phishing: the rise of retail cyber crime in three charts June 2, 2025 In the past month alone, cyber attacks have gone from occasional headlines to near-daily national news fixtures. Marks and Spencer’s, Co-op, Harrods – along with international names like Dior and Coinbase – have all recently fallen victim to cyber incidents. Retailers in particular have found themselves in the cross hairs, and while not every incident [...]
JD Sports: CEO’s bonus cut as FTSE 100 giant loses £1bn profit race to Next June 2, 2025 The boss of JD Sports has missed out on a major pay day after the FTSE 100 retailer lost the race to report a profit of £1bn to Next. Régis Schultz took home a pay packet of just over £2m for the Greater Manchester-headquartered group’s latest financial year, up from the £1.5m he received in [...]
M&S: FTSE 100 share price growth helps swell CEO’s pay before cyber attack June 2, 2025 The rise in Marks & Spencer’s (M&S) share price before the FTSE 100 giant was hit by a major cyber attack has helped its chief executive’s pay swell to more than £7m, it has been revealed. Stuart Machin took home just over £7m for the retailer’s latest financial year, up from the £5m he received [...]
Radley London to raise prices to combat Trump’s tariffs June 2, 2025 Luxury handbags brand Radley London has warned it will increase its prices in the US amid the ongoing uncertainty surrounding US President Donald Trump’s tariffs. The business, which designs and manufactures luxury handbags, purses and other women’s accessories, said the tariffs the US government has placed on goods being imported from India could hit its bottom [...]
Yo! Sushi loses over £20m as costs rise June 2, 2025 Yo! Sushi lost more than £20m in the year its owner was acquired for almost £500m, it has been revealed. The sushi eatery chain has reported a pre-tax loss of £22.6m for the 70 weeks to 31 March, 2024, according to delayed accounts filed with Companies House. The results, which had been due to be [...]
Is the disposable vapes ban going to make any difference in the UK? May 30, 2025 In 2021, vapes went from a small-scale smoking alternative to dominate the UK’s nicotine market. Now, about half of the vape market is set to become illegal when the government’s disposable vape ban comes into force on Sunday. It’s part of the government’s plan to create a “smoke-free” generation, which will see disposable vapes banned, [...]