Footasylum: Profit almost triples as sales surge Retail Profit at Footasylum surged by almost 200 per cent as its sales jumped to nearly £350m during its latest financial year, it has been confirmed. The Rochdale-headquartered retailer, which is backed by Germany-headquartered investment firm Aurelius Group, has reported a pre-tax profit of £17.2m for its year to 25 January, 2025. The figure comes after Footasylum [...]
Private equity groups circle UK pharmacy wholesaler Business HIG and Capvest have joined a line of private equity groups looking to buy the largest supplier of goods to British pharmacies, AAH Pharmaceuticals, from German private equity firm Aurelius. AAH has been put up for sale again only a few years after being bought by Aurelius in 2022, according to the Financial Times. The [...]
The Body Shop: Why the high street icon is facing administration and what the future holds Retail Why The Body Shop, an icon of the British high street, is facing an uncertain future as it prepares to enter administration.