Ray-Ban owner issues warning after UK sales fall May 9, 2025 The owner of Ray-Ban has issued a warning over its performance this year after its UK sales and profit fell in 2024. The UK arm of Luxottica Group said the increase in the cost of goods and services is expected to negatively impact its gross and operating profit this year. The group added that the [...]
Champagne Lanson sales fail to fizz as prices rise May 9, 2025 Champagne Lanson suffered a sharp drop in its UK sales in 2024 as drinkers turned their backs on bars and restaurants amid the cost-of-living crisis. New accounts filed with Companies House show the brand’s turnover was slashed from £45.2m to £35.5m last year while its pre-tax profit also fell from £1.7m to £819,000. The champagne [...]
Clipper tea owner gets £76m pay day after KP Snacks deal boosts profit May 7, 2025 The owner of tea brand Clipper is in line for a huge pay day after the sale of Whole Earth to KP Snacks saw a massive spike in profit. Kallo Foods, whose products also include Kallo and Mrs Crimbles, sold the brand towards the end of 2024 for a then-undisclosed sum. New accounts have now [...]
JYSK: Losses continue as stores close and jobs shed May 7, 2025 Losses continued at the UK arm of Danish homewares retailer JYSK as it closed stores and shed jobs during its latest financial year. The business, which forms part of the global group, has reported a pre-tax loss of £3.2m for the 12 months to 31 August, 2024. The total comes after JYSK also posted a [...]
Mowgli Street Food returns to profit as it creates over 100 jobs May 1, 2025 Mowgli Street Food, the restaurant chain run by celebrity chef Nisha Katona, has returned to profit and created more than 100 jobs. The Liverpool-headquartered business has reported a pre-tax profit of £512,178 for the year to 31 July, 2024, new accounts filed with Companies House have revealed. The total comes after Mowgli Street Food posted [...]
Simone Ashley: Bridgerton and Sex Education star’s side hustle almost doubles in value April 30, 2025 A production company founded by Bridgerton and Sex Education star Simone Ashley has almost doubled in value during its latest financial year. Good Catch Entertainment, which is based in Worcestershire, has posted shareholder funds of £1.77m for the 12 months to the end of July 2024, new accounts filed with Companies House show. The latest [...]
Truly: Losses continue at brand backed by Dragons’ Den star Peter Jones April 30, 2025 Losses have widened at Truly, the lifestyle brand launched by Dragons’ Den star Peter Jones which used to be backed by Holly Willoughby. The online business has been trading since the end of 2018 – led by Jones and wife Tara Capp – after TV presenter Willoughby stepped away a few months before. At the [...]
Cotswold Outdoor racks up a decade of losses April 29, 2025 The firm behind Cotswold Outdoor has failed to make a pre-tax profit for a decade but the retailer did significantly cut its losses in 2024, it has been confirmed. The Wiltshire-headquartered retailer has posted a pre-tax loss of £380,000 for its latest financial year, down from the £7.3m it reported for 2023. The last time [...]
Gymshark: Record sales as brand continues global expansion April 29, 2025 Gymshark, the activewear brand co-founded by self-made billionaire Ben Francis, has seen its revenue pass £600m for the first time. The Solihull-headquartered business has posted sales of £607.3m for the year to 31 July, 2024, new accounts filed with Companies House have revealed. The latest total comes after Gymshark reported a revenue of £556.2m in [...]
Vue: Cinema chain loses over £90m despite Deadpool & Wolverine boost April 28, 2025 Cinema chain Vue lost more than £90m last year as the success of Inside Out 2 and Deadpool & Wolverine failed to boost its bottom line. The business has posted a pre-tax loss of £91.8m for the 12 months to 30 November, 2024, having also lost £73.7m in the prior year. The latest total comes [...]