Topshop and Topman losses revealed before John Lewis move Retail Losses at the joint venture behind Topshop and Topman have been revealed ahead of the brand’s return to UK stores next year. The brands were sold by online clothing retailer Asos to a joint venture alongside Danish retail tycoon Anders Holch Povlsen’s Heartland in September 2024. Asos had previously acquired Topshop and Topman along with [...]
Adanola: Sales triple at Kendall Jenner favourite Retail Sales at Adanola, the athleisure brand worn by the likes of Kendall Jenner, Molly-Mae Hague and Maya Jama, have tripled in the space of just two years. The Manchester-based label has reported a turnover of £84.5m for the 12 months to 31 March, 2025, new accounts filed with Companies House show. That total is up from [...]
FatFace slims down workforce as brand returns to profit Retail FatFace shed almost 300 jobs as it returned to profit in its first full year after being acquired by FTSE 100 giant Next. The retailer was snapped up by the Leicester-based group for £115.2m in October 2023 in a deal which saw it fall to an initially reported pre-tax loss of £3.2m in the 35 weeks [...]
Adanola valued at £400m as Kendall Jenner favourite sells stake August 6, 2025 Adanola, the athleisure brand worn by the likes of Kendall Jenner, Molly-Mae Hague and Maya Jama, has been valued at around $530m (£398m) after securing a new backer. Story3 Capital Partners has acquired a minority stake in the Manchester-based label which was founded by Hyrum Cook in 2015. Other well-known personalities who are fans of [...]
Hawes & Curtis: Profit continues to fall at Dragons’ Den star’s brand August 4, 2025 Profit at Hawes & Curtis, the retailer owned by Dragons’ Den star Touker Suleyman, has shrunk for a second consecutive year despite rising sales. The London-headquartered fashion brand has posted a pre-tax profit of £3.7m for 2024, new accounts filed with Companies House show. That figure compares to the £4.7m it reported for 2023 and [...]
Represent: Clothing brand almost doubles sales in two years June 10, 2025 Sales at clothing brand Represent jumped towards the £100m mark in a “landmark year” which saw it double down on collaborations, grow its activewear and expand into further into the US. The business, which was founded by brothers George and Michael Heaton, has posted a turnover of £93.8m for 2024, up from the £80.8m it [...]
Monsoon and Accessorize owner enters the red as sales slip May 27, 2025 The owner of Monsoon and Accessorize slumped into the red as its sales were slashed during its latest financial year, it has been revealed. Adena Brands, which is owned by Peter Simon, has reported a pre-tax loss of £7.5m for the 12 months to 31 August, 2024. The loss comes after the group posted a [...]
Ray-Ban owner issues warning after UK sales fall May 9, 2025 The owner of Ray-Ban has issued a warning over its performance this year after its UK sales and profit fell in 2024. The UK arm of Luxottica Group said the increase in the cost of goods and services is expected to negatively impact its gross and operating profit this year. The group added that the [...]
The UK isn’t celebrating risk takers and wealth creators – Castore boss April 29, 2025 The UK is at risk of “taking too many steps down a road of not wanting to celebrate risk takers and wealth creators”, according to the co-CEO of sports apparel brand, Castore. Tom Beahon, who shares the top job with his brother Phil, added “there’s not a lot of incentive for anyone to take risks [...]
Krissy Cela’s Oner Active rakes in millions as sales double April 28, 2025 Oner Active, the fitness wear brand co-founded by influencer Krissy Cela, almost doubled its sales as profit surged in 2024. The London-headquartered business, which was set up alongside Thomas Mark and Austrian investors David and Lukas Kurzmann, has reported a gross revenue of £80.8m for the year, up from the £46m it achieved in 2023. [...]