Bottoms up: Central London set for a new rooftop bar as Maven Leisure raises £2m hospitality Maven plans to raise the money via the private equity investment firm Growthdeck, which offers “tax-efficient investment opportunities in UK growth businesses”.
WH Smith fails to impress as shares slump despite boom in travel arm Retail Shares in WH Smith were down by almost seven per cent in early trade, despite the business telling markets it has high hopes for a strong summer of trade as demand for travel booms.
Sainsbury’s predicts profit to exceed £1bn as Aldi price-matching pays off Retail Supermarket Sainsbury’s expects profits to exceed £1bn this year as it continues to win shoppers with loyalty card and Aldi price matching schemes.
Unilever thanks ‘power brands’ for sales bump as Marmite-maker steams ahead with turnaround plan April 25, 2024 Consumer giant Unilever said sales of its most popular brands such as Dove soap helped drive growth in the first quarter, in the businesses first trading update since announcing plans to sell its ice-cream arm.
Pretty Little Thing founders venture into the world of luxury interior design April 24, 2024 Adam Kamani and Umar Kamani, the Manchester brothers who founded fast-fashion brand Pretty Little Thing are venturing into the world of luxury interior design.
Tortilla Mexican Grill to ‘double down’ on franchising as revenue leaps April 24, 2024 Tortilla Mexican Grill said it will “double down” on franchising to help capitalise on growth opportunities in both the UK and internationally.
Pret A Manger names new chair as it sets sights on international expansion April 24, 2024 Pret A Manger has named its new chairman and announced the return of one of its co-founder as it shakes up its board amid a period of international growth.
PZ Cussons: Shares jump after company announces restructuring April 24, 2024 Shares in PZ Cussons rose over five per cent in early trade after it announced plans to offload its fake tan brand St Tropez and review its operations in Africa.
Warpaint London expands into Superdrug and Boots as revenue leaps 40 per cent April 24, 2024 Warpaint cosmetics has reported a 40 per cent rise in revenue for the year ended 31st December, helped by the launch of its products in New Look and Superdrug stores.
Reckitt Benckiser: Nutrition arm bruised amid baby formula litigation case April 24, 2024 Like-for-like sales at its nutrition arm fell by 9.9 per cent to £591m, which more than offset growth of 7.1 per cent at its hygiene arm and one per cent at its health arm.