Angling Direct reels in revenue despite choppy retail environment February 21, 2024 Specialist fishing tackle and equipment retailer Angling Direct has continued to make profit despite disruptions from storms and an economic downturn. In an update, the publicly listed firm said revenue grew 10.2 per cent to £81.7m in the full year to January 2024. UK sales were also hiked nine per cent to £77m, as the [...]
Pawnbroker H&T snaps up Essex firm as recession drives Brits to borrowing February 21, 2024 Pawnbroker H&T has snapped up a rival firm in Essex for £11.3m, as the business continues to profit from cash strapped Brits amid an economic squeeze.
Tate & Lyle blames inflation for slip in revenue February 21, 2024 The update comes just days after the 100 year old brand revealed it would remove the dead lion from its plastic golden syrup and dessert bottles. A lion's head with a bee will replace the iconic logo.
Frasers boss Mike Ashley’s legal battle against Morgan Stanley kicks off in London February 21, 2024 Ashley's business is claiming the US bank used "unlawful means" to close out bets on Hugo Boss stock, which resulted in the company losing around £50m.
Walmart shares hit all-time high on solid holiday quarter sales February 21, 2024 Walmart shares closed at a record high and led the Dow Industrials after forecasting fiscal 2025 sales above Wall Street expectations and raising its annual dividend by 9%.
Currys’ largest shareholder warns Elliott offer ‘highlights London equity market drain to US’ February 20, 2024 The head of Currys' largest shareholder Redwheel, a hedge fund formerly known as RWC said Elliott Advisors' proposed takeover offer of the retailer has “highlighted a wider problem with the UK equity market.”
AJ Bell founder reportedly to chair JD Sports-backed sports supplement firm ahead of listing February 20, 2024 It will be his first role since leaving the company he founded 28 years ago. His appointment was understood to be solidified at a company AGM which took place today.
Domino’s shares spike as rating upgraded with potential for 360 more UK stores February 20, 2024 Shares in Domino’s Pizza were delivered a surprise boost this morning after analysts upgraded its rating on the stock, and encouraged the UK’s biggest pizza maker to expand.
Lok’n Store’s development pipeline grows as company seeks to capitalise on demand for self-storage February 20, 2024 A publicly listed self storage company is close to opening its biggest store to date in Barking, Greater London.
IHG: Holiday Inn owner unveils another buyback as revenue and profit jumps February 20, 2024 Total revenue at the British chain, which owns a number of affordable and high end hotel, also leaped £3.6bn.