Represent: Clothing brand almost doubles sales in two years June 10, 2025 Sales at clothing brand Represent jumped towards the £100m mark in a “landmark year” which saw it double down on collaborations, grow its activewear and expand into further into the US. The business, which was founded by brothers George and Michael Heaton, has posted a turnover of £93.8m for 2024, up from the £80.8m it [...]
Energy services giant returned to profit before $1bn takeover June 9, 2025 A UK energy services giant returned to profit and created hundreds of jobs in the year before being acquired in a deal which valued it at more than $1bn (£737m). OEG Energy Group, which is headquartered in Aberdeen, has reported a pre-tax profit of $4.4m for 2024, having posted a pre-tax loss of $14.9m in [...]
Gino D’Acampo: Restaurant empire’s huge debts revealed before rescue June 9, 2025 The company behind TV chef Gino D’Acampo’s restaurant empire owed more than £11m as it collapsed into administration, it has been revealed. Upmarket Leisure Ltd, which controlled the former This Morning star’s venues, was served with a wind-up petition by HMRC in March and moved to appoint an administrator before being saved in a £5m [...]
Boots: Profit jumps after closing hundreds of stores June 5, 2025 Profit at Boots has surged as the high street pharmacy chain closed hundreds of stores during its latest financial year as its owners abandoned plans for an initial public offering (IPO). The Nottingham-headquartered business shuttered 334 locations in the year to the end of August 2024, new accounts filed with Companies House have revealed. Instead [...]
Costco: Lower petrol prices help drive profit surge June 4, 2025 The UK arm of Costco has said lower petrol prices have actually helped its profit jump to almost £200m after driving up memberships. The division of the US giant said a decrease in prices at the pumps during its latest financial year contributed to increasing the number of people signing up and renewing their membership [...]
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, [...]
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 [...]
Avison Young loses over £100m for a second year as more jobs cut May 29, 2025 More than £100m has been lost for a second consecutive year by the UK and European arm of global commercial real estate services firm Avison Young as it continued to cut jobs, it has been revealed. The Birmingham-headquartered division has reported a pre-tax loss of £101.8m for 2024, having posted the same total for 2023. [...]