Max Mara nearly doubles UK profit as ‘extraordinary’ market challenges ease July 11, 2024 The UK arm of luxury womenswear brand Max Mara has almost doubled its pre-tax profit despite what it described as a "highly uncertain" economic backdrop, newly-filed documents have revealed.
Amazon faces potential investigation as Prime Day nears July 11, 2024 A watchdog has warned that it would "not hesitate" to launch a formal investigation into Amazon if concerns were raised that the US giant was not treating its suppliers fairly and lawfully.
Mountain Equipment hit by export sales cut as profit more than halves July 11, 2024 Profit at Mountain Equipment more than halved following a strong few years of growth as the brand saw a sharp decline in exports, according to newly-filed documents.
Omega: Kitchen maker says slip into the red was ‘outside its control’ July 11, 2024 British kitchen maker Omega has slipped into the red following a year marred by challenges "outside the company's control", according to newly-filed documents.
Red Sea disruption hits sales at Poundland owner Pepco July 11, 2024 Delays in summer stock reaching stores due to Red Sea shipping disruption contributed to sales at Poundland owner Pepco slumping over its latest quarter.
Village Bakery: Private equity owner sells business to French bread maker July 10, 2024 The private equity firm behind Village Bakery, which supplies the likes of Tesco, Aldi and Five Guys, has sold its controlling stake in the firm to a French giant.
Krispy Kreme: Doughnut chain hikes UK prices as it eyes expansion July 10, 2024 The UK arm of Krispy Kreme is looking to open new locations after increasing its prices in a bid to combat the rise in costs, newly-filed documents have revealed.
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.
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.