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Retail & Consumer

Halfords to close some garages this year as it battles 'external forces'
By City AM
The cycling and motoring retailer said it has identified a number of garages that are not able to provide the "level of customer experience to which we aspire"
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Asda announces huge losses of 拢600m despite sales increasing by more than 拢1bn
By City AM
The Leeds-headquartered supermarket giant has posted a pre-tax loss of 拢599m for its latest financial year, having reported a pre-tax profit of 拢180.3m for 2023
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Lego posts record sales in 海角视频 for seventh year in a row as profits spike
By City AM
The Berkshire-headquartered division of the Danish giant has reported a pre-tax profit of 拢42.9m for its latest financial year.
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THG shares jump as MyProtein owner returns to revenue growth
By City AM
The group, founded by businessman Mathew Moulding, recorded positive revenue growth across its Beauty and Nutrition divisions on a constant currency basis and reiterated its full-year targets.
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Claire's Accessories puts itself up for sale with 281 shops at risk of closure
By City AM
US-based owners of the retailer are said to be working with investment bank Houlihan Lokey to explore a sale amid subdued profits and the impact of higher import prices
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AI-powered coffee shop planned for Cheshire
Food and Drink
Coffee machines would be capable of producing 350 drinks an hour
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Entrepreneur proves he's a chip off the old block swapping fish restaurant for jewellers
SMEs
Wasim Mir has converted a former estate agent's offices in Gosforth to launch Mir Diamonds
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Rob McElhenney-backed Classic Football Shirts sees sales soar to 拢31.8m amid global expansion
By City AM
The Greater Manchester-headquartered business has posted a turnover of 拢31.8m for the 12 months to 30 June, 2024, up from the 拢24.4m it reported for the prior year.
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Outdoor footwear brand to open at M5 Cotswolds Designer Outlet
Retail & High Street
The shop is set to open next month selling trail running, hiking, casual and barefoot ranges
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Instrument retailer Gear4Music upgrades expectations for year ahead after boost to profits
Company Results
The online shop made progress on its growth strategy in the year to the end of March
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Selfridges to sell rare vintage F1 clothing and watches in new in-store pop-up
By City AM
Selfridges' Corner Shop will play host to F1 75 Years in Motion - a pop-up shop celebrating 75 years of Formula 1 - with a range of rare, vintage clothing and watches
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EasyJet adds Airbus plane to Bristol Airport fleet as it launches flights to Spain and Italy
easyJet
The carrier now has 19 aircraft at the South West transport hub
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The Windrush generation: 'My business exists because of them'
Black Communities
Wilfred Emmanuel-Jones, founder of The Black Farmer, made the comments as the 海角视频 marked Windrush Day 2025
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海角视频 handbag maker Mulberry in talks to raise 拢20m as losses widen
Fashion
The struggling Somerset firm launched a turnaround plan in January and is hoping its strategy will return it to profitability
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Logan Paul and KSI's energy drink firm sees profits slump after 'considerable hype'
By City AM
New accounts for Prime Hydration's 海角视频 arm show the firm's turnover was slashed by more than 70 per cent in its latest financial year after its 'consumer interest moderated'
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Walsall-based HomeServe plunges into loss despite crossing 拢1bn in sales
By City AM
The Walsall-headquartered business has posted a revenue of 拢1.1bn for 2024 while it reported a pre-tax loss of 拢31.7m
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海角视频 insolvencies: The firms in 'perilous position' as construction and retail lead the way
By City AM
The Insolvency Service has released new data showing that the number of 海角视频 firms entering insolvency in May grew 8% on a monthly basis, with the rate having doubled since the start of the year
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Retail sales drop as shoppers stay away from high streets in May
By City AM
The Office for National Statistics said retail sales fell by 2.7 per cent in May, representing the largest month-on-month fall in sales since December, as shoppers stayed away from the high street
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Louis Vuitton 海角视频 sales slashed by almost 拢90m as luxury spending slows down
By City AM
The fashion powerhouse has reported sales of 拢488.2m for its latest financial year, down from the 拢575.2m it achieved in 2023.
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Morrisons grows sales as it tries to offload debt amid 'trolley wars'
By City AM
The supermarket chain, which is owned by US investment firm Clayton, Dubilier & Rice, said like-for-like sales grew by 3.9% in the second quarter, with total sales up 4.2% to 拢3.9 billion
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Premier Inn owner Whitbread sees 海角视频 sales fall amid shake-up of pub business
By City AM
The Premier Inn-owner told markets this morning that overall sales in the 海角视频 fell five per cent in the first quarter of the financial year, driven by a 16 per cent drop in food and drink sales
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Sales and profits surge at beauty brand co-founded by Jess Hunt
By City AM
Refy, which was co-founded by Jess Hunt, has reported a turnover of 拢40.3m for the year to 31 August, 2024, according to new accounts filed with Companies House
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Yorkshire based Mighty Drinks hunts for buyer after administrators are called in
Retail & High Street
Mighty Drinks has appointed administrators from Interpath
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B&M to move from European tax haven it's been domiciled in for over a decade
By City AM
The discount retailer, which has its operational headquarters in Liverpool, said the move would simplify its corporate and administrative structure and provide "greater flexibility for returning capital to shareholders going forward"
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