Arne: Brothers enjoy huge pay day as profit surges Retail The brothers behind clothing brand Arne have raked in the cash after sales and profit at their company surged in 2024 ahead of the brand opening its first store. The Warrington-headquartered business has posted a turnover of £84.1m and pre-tax profit of £11.9m for 2024 The figures compare to the turnover of £37.4m and pre-tax [...]
Card Factory shares plummet despite first interim dividend in five years and ‘resilient’ results Retail Shares in personalised gift and party supply business Card Factory have slumped despite the return of its interim dividend after a revenue boost. The company announced the recommencement of an interim dividend of 1.2p, “demonstrating commitment to delivering progressive returns to shareholders”. However, its share price fell by nearly 20 per cent in early trades. The [...]