Timberland owner cuts UK jobs as sales slip again December 15, 2025 Almost 100 jobs have been lost at the UK and Ireland arm of the retail giant behind the likes of The North Face, Vans and Timberland as its sales continued to fall during its latest financial year, it has been revealed. The division of VF Corporation, whose brands also include Eastpak, Kipling and Napapijri, cut [...]
Kellogg’s UK returns to profit despite £200m sales slump December 15, 2025 The combined UK operations of Kellogg’s returned to profit despite sales slumping by more than £200m during its latest financial year, it has been revealed. Kellogg’s runs two separate companies in the UK from its headquarters in Salford: Kellogg Marketing and Sales Company (UK) and Kellogg Company of Great Britain. For 2024, Kellogg Marketing and [...]
Panasonic sees slump in UK microwave sales amid air fryer boom December 10, 2025 Panasonic’s UK arm has seen a slump in sales of microwaves as consumers increasingly turn to air fryers to sate their home cooking needs. The Cardiff-based business, which manufactures microwaves as well as medical devices, said it saw a 10 per cent fall in revenue from its microwave oven division to £44.8m in the year [...]
Club L London founder shares huge pay day after record profit December 10, 2025 Club L London has issued a huge pay day after profit at the fashion retailer surged to a new record, it has been revealed. Katie Randev, who leads the Manchester-headquartered business as chief executive, is in line to share a dividend of £3.7m for its latest financial year, new accounts filed with Companies House show. [...]
Innocent Drinks makes first profit since 2020 December 10, 2025 Innocent Drinks has returned to profit for the first time since 2020 as its revenue continued to rise, it has been confirmed. The business, which is now majority-owned by Coca-Cola, has posted an operating profit of £13m for 2024, late-filed accounts with Companies House have revealed. It is the first time Innocent Drinks has reported [...]
Breitling: UK sales slump by almost £20m at luxury watchmaker December 10, 2025 Sales at the UK arm of luxury watch brand Breitling slumped by almost £20m during its latest financial year. The division of the Swiss watchmaker has reported a turnover of £57.9m for the 12 months to 31 March, 2025, according to new accounts filed with Companies House. That’s down from the £76.3m it achieved in [...]
Ed Sheeran pays himself over £40m after album success December 9, 2025 Ed Sheeran has paid himself more than £40m after the huge success of his latest album, it has been revealed. The music mega star received a dividend of almost £40.1m through his self-named business, Ed Sheeran Limited. The accounts filed with Companies House also show the firm’s turnover totalled £25.7m while it made a pre-tax [...]
Vitabiotics: Profit cut ahead of of potential £1bn sale December 9, 2025 Profit at Vitabiotics, the pharmaceutical giant owned by former Dragons’ Den star Tej Lalvani, has been cut ahead of a potential £1bn sale. Reports emerged towards the start of 2025 that the London-headquartered business had revived plans to sell itself in a move which valued it at £1bn. At the start of December it was [...]
Ann Summers remains in the red as sales stall and jobs shed December 9, 2025 Ann Summers’ sales have stalled as it shed jobs and remained in the red during its latest financial year, it has been revealed. The business has posted a turnover of £93.4m for the 12 months to 28 June, 2025, according to new accounts filed with Companies House. The total comes after Ann Summers also reported [...]
Laurent-Perrier: King’s champagne supplier blames private school VAT for sliding sales December 9, 2025 Labour’s introduction of VAT on private school fees contributed to profit at Laurent-Perrier, which supplies King Charles III with champagne, being significantly cut during its latest financial year. The division of the French giant has said its sales were impacted not only by the Labour government extending VAT to school fees but also higher interest [...]