Lego staff get to play with three extra days off after profits surge 140 per cent November 30, 2021 Lego has rewarded its 20,000-strong workforce with three extra days off and a bonus after the world’s biggest toymaker had an “extraordinary” year of profits, according to reports. The Danish company’s owners wanted to acknowledge employees’ contributions, a Lego spokesperson told Bloomberg. The family-owned business recorded a net profit of 6.3bn Danish kronor (£715m) for the [...]
Treatt exceeds estimations after supplying ingredients for canned cocktails November 30, 2021 Ingredient manufacturer Treatt has exceeded its board’s financial expectations, citing growth in canned cocktails. In full year results to 30 September, Treatt reported profit before tax and exceptional items up 41.3 per cent to £20.9m. It said it had benefited from the growth of ready-to-drink cocktails, such as the natural lime extract in brands’ gin [...]
Greencore profits up as firm emerges from “difficult period” November 30, 2021 In the year ending 24 September, Irish food manufacturer Greencore registered a 4.8 per cent growth in revenue, going up to £1.3bn. The growth – driven by returns in the food to go and convenience categories in the second half – helped the group emerge from a particularly difficult first half of the year, when [...]
Marston’s revenue sinks as ‘worst of pandemic now behind us’ November 30, 2021 Pub company Marston’s reported depleted revenue for the financial year but said trading momentum had rebuilt since the easing of lockdown measures. Total pub revenue for the year was £402m, down 22 per cent on last year, which the operator said was a result of Covid trading disruptions. Andrew Andrea, CEO said: “While there are [...]
Post-Brexit vote of confidence: Europe’s largest chain of orthodontic clinics opens first branch in London in UK push November 30, 2021 Impress, Europe’s largest chains of orthodontic clinics, confirmed this morning it will open a clinic in London tomorrow, which will be part of ambitious plans to expand its operations into the UK. The company plans to open clinics in Leeds, Liverpool and Leeds in the next few months. Located at 54 Brushfield Street in Spitalfields, the new [...]
Topps Tiles reports soaring retail sales thanks to new products November 30, 2021 Topps Tiles has declared a record year of revenue despite lockdown restrictions earlier this year. In results for the 53 weeks ended 2 October, the group posted retail like-for-like sales up 19.6 per cent. “We believe this performance underlines the strength of our strategy and the success of new initiatives including the expansion of our [...]
Shop staff wary of abuse as mandatory mask rules return November 29, 2021 Retail voices have said shop staff must not be expected to be put in harm’s way as compulsory mask rules make a return tomorrow. Londoners will be legally required to wear a mask in shops and on public transport once more from tomorrow, in a bid to prevent the spread of the new Omicron Covid [...]
Cyber Monday ‘huge success’ for retailers as payments up compared to lockdown shopping November 29, 2021 Cyber Monday was deemed a big win for retailers after the volume of payments increased compared to last year’s shopping bonanza. The volume of payments rose 16.7 per cent compared to the same period on Cyber Monday 2020, according to live data from Barclaycard Payments. So far today, there has been a 4.5 per cent [...]
Central London only slightly busier amid Black Friday sales November 29, 2021 Central London was only ever so slightly busier thanks to Black Friday deals last week as retail chiefs noted fewer shoppers than pre-pandemic levels. Central London saw a 2.3 per cent boost to footfall week on week for the week beginning 21 November. Footfall in the area was down 22.3 per cent on 2019 levels, [...]
Brits’ ski trips re-routed to French entry-points following fresh Swiss restrictions November 29, 2021 Brits may have to skip the slopes this year, as holidays firms begin to re-route or cancel Christmas trips to the Alps amid fresh travel restrictions. The uncertainty has bloomed as a result of a new Covid-19 variant known as Omicron, which has prompted Switzerland to force Brits entering the country to quarantine for 10 [...]