UK success for Jack Dorsey’s payments giant Square September 24, 2024 Sales at the UK arm of payment services provider Square, which is led by Twitter founder Jack Dorsey, jumped by more than £20m during its latest financial year. The London-headquartered division has reported a turnover of £64.9m for 2023, up from the £43m it achieved in 2022, according to newly-filed accounts with Companies House. The [...]
Bubble tea seller Gong Cha falls into the red after Lunar New Year change September 24, 2024 Bubble tea seller Gong Cha fell into the red as its sales in Korea, the US and Australia all took a hit during its latest financial year. The London-headquartered business has reported a pre-tax loss of $12.4m (£9.2m) for 2023, according to newly-filed documents with Companies House. The loss comes after Gong Cha posted a [...]
Huggies, Andrex and Kleenex owner predicts return to profit despite losing £100m September 24, 2024 The European arm of Kimberly-Clark, which is behind brands such as Huggies, Andrex and Kleenex, has predicted a return to profit despite it slumping to a loss of €120.3m (£100.2m) in 2023. The division, which is headquartered in Surrey, posted the pre-tax loss after also being €26.7m (£22.2m) in the red during 2022. Kimberly-Clark also [...]
International expansion helps Charlotte Tilbury sales jump by £140m September 24, 2024 Sales at beauty brand Charlotte Tilbury jumped by almost £140m as it continued its global expansion during its tenth year in business, it has been revealed. The makeup, skincare and fragrance products retailer has reported a turnover of £448.5m for 2023, up from the £310.3m it achieved in 2022. Newly-filed accounts with Companies House also [...]
Represent: ‘Exceptional’ performance hailed by clothing brand as sales surge September 24, 2024 Clothing brand Represent has hailed its “exceptional” performance in 2023 which saw its sales jump by almost 70 per cent. The company, which is headquartered in Horwich, near Bolton, has posted a turnover of £80.8m for its latest financial year, up from the £48.4m it achieved in 2022. Newly-filed accounts with Companies House also show [...]
Pandora: UK sales reach new record as profit bounces back September 24, 2024 Sales at the UK arm of luxury jewellery brand Pandora jumped to a new record high as its pre-tax profit bounced back, it has been revealed. The London-headquartered division has reported a turnover of £448m for 2023, according to newly-filed accounts with Companies House. The total comes after the business posted a turnover of £438.3m [...]
Deichmann: UK sales step up to new record as loss slashed September 23, 2024 Sales at shoe retailer Deichmann have stepped up to a new record level as its pre-tax loss was slashed by more than 50 per cent during its latest financial year. The Leicestershire-headquartered UK arm of the German group has reported a turnover of £139.1m for 2023, up from the £121.7m in 2022. According to newly-filed [...]
Oliver Bonas creates hundreds of jobs as new stores help sales surge September 23, 2024 Oliver Bonas created almost 200 jobs as the opening of new stores helped its sales jump by over £20m during its latest financial year. The Chessington-headquartered company has reported a turnover of £135.7m for 2023, up from the £115m it achieved in 2022. Newly-filed accounts with Companies House also show its headcount increased from 1,357 [...]
Mark Zuckerberg-backed Yoto almost doubles sales as loss cut September 23, 2024 Turnover at kids audio platform Yoto, which is backed by Mark Zuckerberg and his wife, almost doubled during its latest financial year as its pre-tax loss was cut, it has been revealed. The business, which is the creator of the Yoto Player and Yoto Mini for children, has posted a turnover of £50.9m for 2023, up from [...]
Argos: ‘Tough trading conditions’ fail to stop sales and profit rise September 23, 2024 “Tough trading conditions” failed to stop Argos increasing its sales and profit during its latest financial year, it has been revealed. The retailer, which is owned by supermarket giant Sainsbury’s, has reported a revenue of £4.22bn for the 12 months to 2 March, 2024, up from the £4.15bn it posted for the prior year. Newly-filed [...]