By: Jon Robinson

Jon Robinson is City AM's UK Editor and is tasked with leading the expansion of the publication's business coverage beyond London. Based in Manchester, he focuses on regional stories, aiming to give a national platform to companies outside the M25. He is also the host of Boardroom Uncovered, City AM's podcast featuring candid conversations with the UK's top business leaders about their journeys, challenges and successes.

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Pandora: UK sales reach new record as profit bounces back

September 24, 2024

Sales at the UK arm of luxury jewellery brand Pandora jumped to a new record high as its pre-tax profit bounced back, it has been revealed. The London-headquartered division has reported a turnover of £448m for 2023, according to newly-filed accounts with Companies House. The total comes after the business posted a turnover of £438.3m [...]
Mike Ashley’s Frasers Group sells shares in Asos following Topshop spike

September 23, 2024

Frasers Group, the retail empire controlled by Mike Ashley, has lowered its stake in fast-fashion giant Asos. The Mansfield-headquartered group, which owns the likes of Sports Direct and House of Fraser, has decreased its holdings in Asos from 24.3 per cent to 21.1 per cent, according to a new filing with the London Stock Exchange. [...]
Deichmann: UK sales step up to new record as loss slashed

September 23, 2024

Sales at shoe retailer Deichmann have stepped up to a new record level as its pre-tax loss was slashed by more than 50 per cent during its latest financial year. The Leicestershire-headquartered UK arm of the German group has reported a turnover of £139.1m for 2023, up from the £121.7m in 2022. According to newly-filed [...]
Oliver Bonas creates hundreds of jobs as new stores help sales surge

September 23, 2024

Oliver Bonas created almost 200 jobs as the opening of new stores helped its sales jump by over £20m during its latest financial year. The Chessington-headquartered company has reported a turnover of £135.7m for 2023, up from the £115m it achieved in 2022. Newly-filed accounts with Companies House also show its headcount increased from 1,357 [...]
Mark Zuckerberg-backed Yoto almost doubles sales as loss cut

September 23, 2024

Turnover at kids audio platform Yoto, which is backed by Mark Zuckerberg and his wife, almost doubled during its latest financial year as its pre-tax loss was cut, it has been revealed. The business, which is the creator of the Yoto Player and Yoto Mini for children, has posted a turnover of £50.9m for 2023, up from [...]
Argos: ‘Tough trading conditions’ fail to stop sales and profit rise

September 23, 2024

“Tough trading conditions” failed to stop Argos increasing its sales and profit during its latest financial year, it has been revealed. The retailer, which is owned by supermarket giant Sainsbury’s, has reported a revenue of £4.22bn for the 12 months to 2 March, 2024, up from the £4.15bn it posted for the prior year. Newly-filed [...]
Hugo Boss: Profit slashed in ‘year of investment’ as sales dip from record high

September 23, 2024

Profit at the UK arm of Hugo Boss was slashed by almost 50 per cent in a “year of investment” as its sales fell back from a record high, it has been revealed. The London-headquartered arm has reported a pre-tax profit of £16.8m for 2023, according to newly-filed accounts with Companies House, down from £30.4m [...]
Caterpillar: Price rises help profit pass £100m at UK arm

September 20, 2024

Profit at the UK arm of Caterpillar has jumped past £100m after its international sales surged during its latest financial year. The Leicestershire-headquartered division has posted a pre-tax profit of £102.2m for 2023, up from the £74.4m it achieved in 2022. Newly-filed accounts with Companies House also show that its turnover rose from £1.33bn to [...]
Zoopla: Property portal returns to the black after cutting almost 100 jobs

September 20, 2024

Online property portal Zoopla returned to profit during its latest financial year as its sales passed the £90m mark. Newly-filed accounts with Companies House have revealed that the business swung to a pre-tax profit of £18.7m in 2023, having reported a pre-tax loss of £6.2m in the prior 12 months. The results also show that [...]
Five Guys: Revenue surges by £90m as loss slashed at burger chain

September 20, 2024

Sales at the European arm of Five Guys surged by more than £90m as it slashed its loss by over 50 per cent during its latest financial year. The London-headquartered division has reported a revenue of £542.9m for 2023, up from the £452.3m it achieved in 2022. Newly-filed accounts with Companies House also show that [...]

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By: Jon Robinson

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