World Darts Championship extends title sponsor deal with Paddy Power Sport Business Paddy Power’s title sponsorship of the World Darts Championship will near a decade after the bookie extended its deal with the showpiece event by another five years. The Flutter-owned firm took over from Cazoo in December 2023 and will be the title sponsor until at least 2031 after penning a half-decade extension with the Professional [...]
Cazoo owner makes first profit since 2019 Tech The owner of Cazoo has made its first pre-tax profit since 2019 after recusing the collapsed brand last year, it has been confirmed. Motors.co.uk has posted a pre-tax profit of £621,000 for 2024, up from the loss of £9.3m it made in the prior 12 months. It is the first time the business has posted [...]
Can Cazoo go from collapse to Auto Trader’s ‘undisputed’ rival? Tech Cazoo can double in size over the next couple of years and become the undisputed number two to FTSE 100 giant Auto Trader, the man charged with its phoenix-like recovery has said. Barry Judge, who helped rescue the brand after it collapsed in May 2024, added that the company is working on winning back the [...]
Why this British tech company is succeeding where Cazoo failed July 17, 2024 Tom Leathes, co-founder and chief executive of Motorway, puts his company’s success down to a fundamentally different business model.
Cazoo racked up debts of over £260m as it collapsed into administration July 16, 2024 Cazoo racked up debts of more than £260m as it collapsed into administration earlier this year, it has been revealed.
Auto Trader shares hit all time high: What is driving the FTSE 100 leader? May 30, 2024 Auto Trader has outperformed City growth targets in the past year.
Londonmetric sells off £30m of former LXi assets following ‘mega-merger’ May 30, 2024 Property firm Londonmetric has sold more than £30m worth of retail units, including an Asda supermarket and two former Cazoo showrooms.
Cazoo has collapsed. Was its bold approach to sport sponsorship to blame? May 30, 2024 Last week, online car dealership Cazoo collapsed into administration. The brand had made a name as one of Europe's most prolific sponsors - was this to blame?
Cazoo, Getir and Peloton: The Covid high-flyers that came crashing down to earth May 25, 2024 In early 2021, Cazoo, Getir and Peloton were on their way to the moon. All three are now collapsing - where did it all go wrong?
Cazoo: Was online car retailer always doomed to fail? May 23, 2024 Could the downfall of Cazoo from being valued at more than £5bn to its collapse into administration have been avoided or was it always doomed to fail?