Ultimate Products: Russell Hobbs seller hit by overstocking woes Retail Consumer goods giant Ultimate Products, which owns Britain’s oldest homeware brand Salter and sells certain Russell Hobbs items under license, has seen its profit dip after supermarket overstocking issues. The London-listed group, which is headquartered in Oldham, reported an adjusted pre-tax profit of £14.5m in the 12 months ending July 30, 2024, down from £16.8m [...]
Salter owner Ultimate Products forecasts lower earnings after ‘disappointing’ spring Retail Salter owner Ultimate Products has lowered its full-year earnings forecast after a disappointing Spring hit sales.
Brits stop buying airfryers as sales drop at Salter owner Ultimate Products Retail Consumer goods group Ultimate Products has said Brits are buying fewer airfryers than before, leading revenues to drop four per cent.
Former TV boss succeeds Ultimate Products’ founder as chief executive February 8, 2024 A former TV boss has been named as the new chief executive of Ultimate Products after its founder stepped down.