Hisense: Sales surge by over £70m but brand issues warning Retail Sales at the UK arm of Hisense, the Chinese appliances and electronics manufacturer, jumped by more than £70m last year, it has been revealed. The Leeds-headquartered division has reported a turnover of £373.8m for 2024, a sharp rise from the £300.4m it posted for 2023. New accounts filed with Companies House also show that Hisense’s pre-tax [...]
Profit drops at Marks Electrical amid ‘fiercely competitive’ backdrop but signs things are picking up retail The online electrical retailer reported that it was struggling with "downward margin pressure" as a result of consumers trading-down.