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 [...]
Food inflation rises to its highest level in almost a year April 29, 2025 Food inflation has risen to its highest level in almost a year as cost pressures begin to weigh on prices. Food inflation increased to 2.6 per cent year on year in April, against growth of 2.4 per cent in March and above the three-month average of 2.4 per cent, according to the British Retail Consortium [...]
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 [...]
M&S: FTSE 100 shares continue to drop after cyber attack April 28, 2025 Marks and Spencer’s (M&S) share price has fallen more than three per cent in early trades this morning as the effects of a cyber attack last week rage on. The FTSE 100 retailer’s share price has fallen by nearly nine per cent since it announced the attack in a statement to the London Stock Exchange [...]
M&S: FTSE 100 shares slump as online orders stopped April 25, 2025 Shares in FTSE 100 giant Marks and Spencer (M&S) slumped this afternoon as the retailer stopped taking online orders because of an ongoing cyber attack. The London-listed company confirmed earlier this afternoon that it had made the decision not to take any more orders through its website and app because of the cyber attack – [...]
M&S stops taking online orders as cyber attack rages on April 25, 2025 Marks and Spencer (M&S) has stopped taking orders through its website and app as its battle against a cyber attack rages on. The company added that some of its international websites have also paused taking orders. The FTSE 100 retailer had previously said the incident, which was disclosed to the public on Tuesday, had impacted contactless [...]
I quit the City of London and created £1bn Castore empire April 25, 2025 Cast your eye over the numerous growth lists that get churned out multiple times a year and there is one name that keeps cropping up towards the sharp end – Castore. The Manchester-headquartered brand has been on a skyrocketing journey since being founded by two Merseyside brothers in 2016. But Tom Beahon, who shares CEO [...]
Castore boss: How I convinced Andy Murray to back my sportswear brand April 25, 2025 The co-founder of sports apparel brand Castore has opened up about how he and his brother managed to convince Sir Andy Murray to invest in their company. Tom and Phil Beahon set up their business in 2016 and quickly set about attempting to get a high-profile backer to help get the brand off the ground. [...]
UK retail sales surge at the fastest rate in four years April 25, 2025 Retail sales unexpectedly rose in March as shoppers were boosted by good weather, according to new data. Retail sales volumes rose by 0.4 per cent in March 2025, following 0.7 per cent rise in February, according to the Office for National Statistics. Quarterly sales volumes rose by 1.6 per cent quarter on quarter and 1.7 [...]