Billionaire Gymshark boss Ben Francis quits firm he co-owns April 22, 2025 Ben Francis, the billionaire founder of Gymshark, has quit the sports talent agency he helped to establish. The Members Agency was set up in 2018, is based in Wolverhampton and also works on sports sponsorship deals. According to a new filing with Companies House, Francis has stepped down as a director and is no longer [...]
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 [...]
Dunelm warns of uncertainty ahead despite ‘strong’ growth April 17, 2025 Dunelm revealed "strong sales" over its third quarter, as the group generated over six per cent growth across its homewares and furniture categories.
WH Smith: High street profit slumps ahead of Modella sale April 16, 2025 WHSmith’s high street division has reported a significant drop in trading profit, falling by over 30 per cent as it prepares for its sale to private equity firm Modella Capitlal. The retailer’s high street business delivered a profit of £15m for the six months to Febuary 28, 2025, down from £22m in the same period [...]
London’s beloved corner shops can’t survive more red tape April 15, 2025 Red tape, business rates and vape bans are at risk of pushing corner shops to the brink, writes Andrew Boff.
WH Smith shareholders eye growth plans after sale of high street stores April 13, 2025 Investors in WH Smith will be keen for more details on its strategy after agreeing to sell its UK high street stores and the potential impact of US tariffs when the retail firm updates the market next week. It has been a busy start to 2025 for the historic retailer as it has pivoted to [...]
L’Oreal: UK sales top £1.5bn for the first time April 11, 2025 Sales at the UK arm of L’Oreal topped £1.5bn for the first time in 2024 as its profit continued to surge, it has been revealed. The division of the French cosmetics giant has posted a turnover of £1.55bn for its latest 12 months, up from the £1.43bn it reported for 2023. New accounts filed with [...]
Next: Boss of FTSE 100 giant rewarded after £1bn profit April 10, 2025 The chief executive of FTSE 100 giant Next took home almost £5m as the high street icon’s profit surged to more than £1bn for the first time. Lord Simon Wolfson took home a total pay packet of £4.72m for the Leicester-headquartered retailer’s latest financial year, up from £4.63m. The CEO’s remuneration package included a salary [...]
Philip Green verdict is a big win for the under scrutiny ECHR April 10, 2025 Sir Philip Green tried to sue the UK, but Strasbourg said no - in a move that not only "reaffirms" Parliamentary privilege but shines a light on the ECHR
Asos and Boohoo stick to US closures despite Trump tariffs April 8, 2025 Asos is to continue with its plan to close its distribution centre in Georgia, USA, and serve the country from Yorkshire despite the imposition of President Donald Trump’s tariffs. At the start of the year, the fast-fashion group announced plans to close its US base in another effort to boost profitability and streamline operations. The [...]