Puregym bulks up in US market as membership soars Retail UK-based gym operator Puregym is set to expand into the US after a bumper 2024. The firm increased revenue by 10 per cent to £605m as membership soared. The British gym franchise ended 2024 with 2.25m customers, adding 400k in the last year – a jump of 21 per cent. The group’s total gyms rose [...]
UK fintech Clearbank bolsters fee income amidst European expansion Fintech London-based fintech Clearbank announced full-year results for the first time at group level following the business’ expansion across Europe. The firm, which is an enabler of real-time clearing and embedded banking, reported a 63 per cent increase to £53.3m in its fee-based income. Total deposits managed by the fintech reached £10.8bn – up 77 per [...]
International earnings set to outpace domestic in growing companies Business The world’s fastest-growing companies’ international earnings are set to eclipse domestic revenue by 2030, according to new research from HSBC. A survey of 1,143 global senior decision makers, in companies with a revenue of between £18m (£14.2m) and $5bn (£3.9bn), found overseas revenue represents less than half of their income at present. However, this is [...]
Knoops: Boss reveals plans to become £4bn global giant November 13, 2024 The boss of Knoops has outlined his plans to the grow drinking chocolate chain into a $5bn (£3.9bn) giant with at least 3,000 stores across the world. William Gordon-Harris, who is both the chairman and chief executive of the London-headquartered business, said his revenue target is “readily achievable” when each of its hoped-for stores hit [...]
Chick-fil-A rolls out first of UK expansion plans as it reveals new locations September 25, 2024 Chick-fil-A has announced its first UK locations set to debut next year as the US fast food chain looks to invest tens of millions of pounds into local communities over the next decade.