Far East sales sparkle at diamond jeweller and luxury watchmaker Graff September 18, 2024 A surge in Far East sales more than offset a decline in US revenue at diamond jeweller and luxury watchmaker Graff during its latest financial year, it has been revealed. The London-headquartered business has reported a revenue of $842.2m (£637.5m) for 2023, up from the $724.8m (£523.6m) it posted for 2022, newly-filed accounts with Companies [...]
Quooker: UK sales kept on the boil at hot water tap brand September 18, 2024 The UK arm of instant hot water tap brand Quooker has hailed “heightened market acceptance” for its continued rise in its sales. The Manchester-headquartered division has posted a turnover of £80.6m for 2023, up from the £72.4m it achieved in 2022. According to newly-filed accounts with Companies House, the firm’s pre-tax profit also nudged up [...]
Lucozade, Ribena and Orangina owner continues remarkable profit rise September 18, 2024 Profit at the UK company behind Lucozade, Ribena and Orangina has increased for the seventh consecutive year while its sales continued its post-pandemic rise. Suntory Beverage & Food GB&I has reported a pre-tax profit of £109.1m for 2023, up from the £100.7m it posted for 2022, according to newly-filed accounts with Companies House. The last [...]
Accor: Novotel, Pullman Mercure hotels return to the black as profit jumps at Ibis September 17, 2024 The company behind Accor’s Novotel, Pullman and Mercure brands in the UK returned to the black in 2023 while profit jumped its Ibis division, it has been revealed. Newly-filed results for both divisions have revealed a significant jump in their turnover and profit for their latest financial years. The accounts, filed with Companies House, also [...]
Inn Collection Group sees revenue jump after adding hundreds of new rooms to portfolio September 16, 2024 The Inn Collection Group, which operates pub accommodation in Wales and Northern England, has seen its turnover tick up after it added hundreds of rooms to its portfolio, according to newly-filed documents. The company, which is headquartered in Newcastle Upon Tyne and has venues across County Durham, the Lake District, Northumberland, Yorkshire and North Wales, [...]
Lotus Bakeries: Biscoff maker continues to see sales soar as customers lap up collaborations September 16, 2024 Lotus Bakeries, the UK division of the brand behind the famous Lotus Biscoff range, has reported another increase in sales as it continues to diversify into unexpected markets, according to newly-filed documents. The company, whose British headquarters are in Cheshire, saw its turnover rise to £75.8m in the year ending December 31, 2023, up from [...]
Mcdonald’s empire hopes new Mcflurry flavours will keep customers happy after ‘bold’ price rises September 16, 2024 “Bold” price rises at a McDonald’s franchise empire helped sales jump by more than £15m during its latest financial year. Run by Andrew Gibson, AG Restaurants runs 27 sites in Glasgow, employs more than 3,000 people and is one of the largest in the UK. The business has reported a turnover of £135.2m for 2023, [...]
Toyota: Revenue surges despite drop in UK market share September 16, 2024 Sales at the UK arm of car making giant Toyota jumped by almost £600m to pass £3.5bn during its latest financial year despite a drop in market share. The Surrey-headquartered company’s revenue for the year to 31 March, 2024, increased from £2.9bn to £3.5bn, according to newly-filed accounts with Companies House. The UK market share [...]
Itsu: Return to the office helps boost sales September 13, 2024 The move by companies to encourage their workforce to return to the office helped sales jump at East Asian-inspired eatery chain Itsu during its latest financial year. The London-headquartered company has posted a turnover of £160.7m for 2023, up from the £137.7m it achieved in 2022. Newly-filed accounts with Companies House also show the brand’s [...]
Carlton Club: A year of ‘successes and challenges’ for London private members’ club September 13, 2024 The Carlton Club has described facing both “successes and challenges” in its latest financial year as it battled high inflation, rising energy costs, train strikes and wage increases. The private members’ club said “unwelcome challenges” impacted its financial performance in 2023 but that it still managed to increase its surplus before tax by almost £200,000. [...]