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retail sector

  • JYSK: Losses continue as stores close and jobs shed

    May 7, 2025

    Losses continued at the UK arm of Danish homewares retailer JYSK as it closed stores and shed jobs during its latest financial year. The business, which forms part of the global group, has reported a pre-tax loss of £3.2m for the 12 months to 31 August, 2024. The total comes after JYSK also posted a [...]

  • Cotswold Outdoor racks up a decade of losses

    April 29, 2025

    The firm behind Cotswold Outdoor has failed to make a pre-tax profit for a decade but the retailer did significantly cut its losses in 2024, it has been confirmed. The Wiltshire-headquartered retailer has posted a pre-tax loss of £380,000 for its latest financial year, down from the £7.3m it reported for 2023. The last time [...]

  • Gymshark: Record sales as brand continues global expansion

    April 29, 2025

    Gymshark, the activewear brand co-founded by self-made billionaire Ben Francis, has seen its revenue pass £600m for the first time. The Solihull-headquartered business has posted sales of £607.3m for the year to 31 July, 2024, new accounts filed with Companies House have revealed. The latest total comes after Gymshark reported a revenue of £556.2m in [...]

  • M&S breach exposes retail sector’s security risks

    April 28, 2025

    Marks and Spencer (M&S) has been grappling with a serious cyber attack that forced the retailer to suspend online orders, disrupted in-store operations, and blocked its remote staff from working on its system. The attack, which began over the Easter weekend, has left M&S unable to fulfil many customer orders – driving its stock down [...]

  • 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. [...]

  • Sales pass £600m at The White Company and Charles Tyrwhitt owner

    April 28, 2025

    Sales at the group behind The White Company and Charles Tyrwhitt jumped past the £600m mark during its latest financial year, it has been revealed. Bectin Limited has posted a turnover of £607.7m for the 12 months to 3 August, 2024, up from the £558.5m it achieved in the prior year. But despite the sharp [...]

  • Wilkinson Sword makes first profit since pandemic

    April 22, 2025

    Wilkinson Sword surged back into the black for the first time since the Covid-19 pandemic during its latest financial year, it has been revealed. The High Wycombe-headquartered business reported a pre-tax profit of £7.2m for the 12 months to 30 September, 2024. The profit is the first since Wilkinson Sword reported a £337,000 surplus in [...]

  • Theo Paphitis: Losses slashed in half at Ryman despite falling sales

    April 2, 2025

    The group behind Ryman, the stationery retailer owned by former Dragons’ Den star Theo Paphitis, has slashed its loss almost in half despite falling sales. The Cheshire-headquartered group has reported a pre-tax loss of £1.49m for the year to 30 March, 2024, according to new accounts filed with Companies House. The figure comes after Ryman Group posted [...]

  • Trespass: Profit plummets as sales remain static at outdoor clothing brand

    April 1, 2025

    Profit at the company behind outdoor clothing giant Trespass plummeted as sales remained static during its latest financial year. Jacobs & Turner has reported a pre-tax profit of £1.2m for the year to 30 June, 2024, down from the £9.6m it achieved in the prior 12 months. New accounts for the business, which have been [...]

  • Footasylum: Profit almost triples as sales surge

    March 20, 2025

    Profit at Footasylum surged by almost 200 per cent as its sales jumped to nearly £350m during its latest financial year, it has been confirmed. The Rochdale-headquartered retailer, which is backed by Germany-headquartered investment firm Aurelius Group, has reported a pre-tax profit of £17.2m for its year to 25 January, 2025. The figure comes after Footasylum [...]

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