Clintons back in profit after closing stores and cutting over 300 jobs April 7, 2025 Clintons has surged back into the black after closing more stores and cutting over 300 jobs. The gift card giant has posted a pre-tax profit of £8m for the year to 29 June, 2024, according to new accounts filed with Companies House. The total comes after Clintons made a pre-tax loss of £5.3m in the [...]
Michael Kors to lower prices as sales suffer huge hit April 7, 2025 The UK arm of luxury fashion brand Michael Kors has revealed plans to lower its prices after suffering a significant hit to its sales. The division’s revenue took a 20 per cent hit in the year to 30 March, 2025, as it closed stores and it felt the impact of the cost-of-living crisis. Michael Kors [...]
ITN: Profit slashed at ITV, Channel 4 and 5 news giant April 7, 2025 Profit at ITN, the organisation which powers ITV News, Channel 4 News and 5 News, was slashed almost in half in 2024. The business has reported a pre-tax profit of £779,000 for its latest financial year, down from the £1.4m it posted for 2023. The total for 2023 was also significantly down from the £8.9m [...]
McCain: Chips favourite doubles profit to £100m in three years April 7, 2025 Profit at the UK arm of potatoes giant McCain Foods surged to almost £100m during its latest financial year, it has been revealed. The North Yorkshire-headquartered UK arm of the Canadian giant has reported a pre-tax profit of £98.7m for the 12 months to 30 June, 2024. The figure, revealed in new accounts filed with [...]
Taskmaster makers in the money as profit jumps April 4, 2025 The makers of hit TV shows such as Taskmaster have given themselves a sizeable pay day after profits at the production company continued to rise. The London-headquartered Tiverton 2 group, which owns a range of TV production companies including Avalon Entertainment, issued a dividend of £12m in October last year. That came off the back of [...]
Nissan: Qashqai maker in the red despite sales accelerating by over £2bn April 4, 2025 The UK arm of Japanese carmaking giant Nissan fell into the red despite its sales surging by more than £2bn, it has been revealed. Based out of its Sunderland factory, Nissan’s UK arm has reported a pre-tax loss of £67.2m for the 12 months to 31 March, 2024, new accounts filed with Companies House show. [...]
Theo Paphitis: Losses slashed in half at Ryman despite falling sales April 2, 2025 The group behind Ryman, the stationery retailer owned by former Dragons’ Den star Theo Paphitis, has slashed its loss almost in half despite falling sales. The Cheshire-headquartered group has reported a pre-tax loss of £1.49m for the year to 30 March, 2024, according to new accounts filed with Companies House. The figure comes after Ryman Group posted [...]
Pinocchio Oscars win helps stop-motion studio double in value April 1, 2025 The studio behind the puppets for Guillermo del Toro’s reimagining of Pinocchio has more than doubled in value after winning an Oscar for its work. Mackinnon and Saunders, which is based in Altrincham, Greater Manchester, helped clinch the Oscar for best animated feature with its creations at the 2023 ceremony. The stop-motion animation for Netflix [...]
Trespass: Profit plummets as sales remain static at outdoor clothing brand April 1, 2025 Profit at the company behind outdoor clothing giant Trespass plummeted as sales remained static during its latest financial year. Jacobs & Turner has reported a pre-tax profit of £1.2m for the year to 30 June, 2024, down from the £9.6m it achieved in the prior 12 months. New accounts for the business, which have been [...]
The Phantom of the Opera closure slashes profit at Andrew Lloyd Webber’s empire April 1, 2025 The closure of The Phantom of the Opera on Broadway led to sales and profit at the entertainment empire owned by Lord Andrew Lloyd Webber being slashed during its latest financial year, it has been revealed. London-headquartered The Really Useful Group has reported a turnover of £36.5m for the year to 30 June, 2024, down [...]