Procook sales surge as young Brits get taste for dinner parties Retail Procook has toasted surging sales as the kitchenware retailer cashed in on young Brits’ growing appetite for hosting dinner parties. The London-listed firm posted sales of £85.5m for the year to end March, a rise of just under a quarter on the previous year and ahead of market expectations of £83.5m, after demand outperformed the [...]
Air fryer frenzy sees Ninja’s European sales rocket past £1bn Business A surge in demand for air fryers has helped Sharkninja’s European sales surge past the £1bn mark for the first time, the firm’s latest accounts reveal. Sharkninja Europe, the UK-based subsidiary of the US consumer appliance maker, posted turnover of £1.2bn in 2024, a whopping 43 per cent increase on the previous year, as Brits [...]
Reeves’ tax hikes ‘won’t bring inflation down anytime soon’, Smeg warns Retail The tax hikes introduced by Chancellor Rachel Reeves in last year’s Autumn Budget will mean it is “sometime” before inflation gets down to the government’s two per cent target, the UK arm of kitchenware brand Smeg has warned. The Abingdon-based division said the increase to employers’ National Insurance contributions, which came into effect in April, [...]
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 [...]
Procook serves up return to profitability promising sustained growth June 26, 2024 Kitchenware maker Procook has said it "plans to accelerate profitable growth over the medium term" thanks to the strategic inroads and trading "momentum" borne out in its full year results in which the firm returned to profitability.