By: Amber Murray

Retail Reporter Amber Murray is a reporter at City A.M., covering retail, luxury and property stores. Prior to City A.M., she worked as a sub-editor for Fastmarkets and completed a Masters in Financial Journalism at City University. Please get in touch with stories/tips/coffees at amber.murray@cityam.com

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Everyman: Media group sees revenue growth despite actors’ strike as more Brits head to luxury cinema

July 25, 2024

Everyman Media reported impressive growth in the first half of the year - despite fewer offerings due to the actors' strike - with customers still happy to splash out on the premium cinema.
Veterinary group CVS gears up for Australia expansion

July 25, 2024

Veterinary group CVS announced 10 per cent revenue growth but weaker sales amid soft demand and the effect of a cyber security attack, while it separately announced a shift in strategy to focus on growth in Australia. Like-for-like sales only increased by 2.9 per cent year on year at the London-listed company, after a rise [...]
Problems at Asda look set to continue as workers strike again

July 24, 2024

This week, Asda workers - with the support of GMB union - announced the latest strike action in a months-long string of collective action and demonstrations.
Non-doms head to Italy in search of sun, scenery, and lax taxes

July 24, 2024

Changes to the tax status of non-domiciled residents of the UK – non-doms – has been the subject of much scrutiny recently. Both sides of the political divide have been pro tightening the rules, while analysts warned it will drive investment out of the UK. However, there has been a clear surge in non-doms looking [...]
Market shrugs at Durex owner Reckitt’s growth and simplification plan

July 24, 2024

Durex condom maker Reckitt Benckiser has pledged to sell off its home care and nutrition brands as part of a simplification drive, instead focusing on health and hygiene.
LVMH revenue slides as luxury retailer continues to combat uncertain market

July 23, 2024

LVMH, the multibillion-pound owner of Dior and Louis Vuitton, has reported a drop in revenue in the first half of the year, joining other major fashion brands which are suffering from a slump in demand. Revenue for the luxury retail brand came in at €41.7bn (£35bn) for the first half of 2024, the firm said [...]
Number of new homes built plunges by a quarter as housing crisis grows

July 23, 2024

The number of new homes registered to be built in the UK fell by 23 per cent year on year in the second quarter of 2023, according to figures from the NHBC.
Fuller’s pub chain optimistic on easing inflation and urges business rates cut

July 23, 2024

Fuller Smith & Turner has continued its strong recovery. The pub chain said sales at the London-listed company grew by 5.3 per cent for the first 16 weeks of the financial year, boosted by major events including the Euro football championships. At the beginning of June the company said like-for-like sales in the 52 weeks [...]
‘A beneficiary of recent UK economic malaise’: Pawnbrokers are still doing well.

July 23, 2024

Britain’s biggest pawnbroker H&T reported strong sales in line with expectations for the first six months of the year despite improving an economic climate in the UK. The value of H&T’s pledge book, which tracks short term loans via the pawnbroker, increased by four per cent to reach £105m in the first half of the [...]
Compass: Return to office and university helps catering giant to double-digit growth

July 23, 2024

Catering company Compass has reported double digit growth in the third quarter of 2024 as it looks to expand past North America and the UK. Revenue in Europe led with 12 per cent growth, while in North America it grew by 9.9 per cent and in the rest of the world grew by 8.5 per [...]

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By: Amber Murray

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