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Retail & Consumer

Andy Murray-backed sportswear firm Castore in the red despite sales surge
By City AM
Castore, the British sportswear brand backed by the likes of Sir Andy Murray and the billionaire Issa brothers, has reported a pre-tax loss of 拢28.8m for the year to 4 February
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Selfridges faces continued financial strain with losses mounting to 拢400m
By City AM
The business, which has 海角视频 stores in London, Birmingham and two in Manchester, passed the milestone after falling to a 拢41.9m loss in the year to 3 February, 2024.
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Water Babies swim school acquired by US investors
Deals
The Devon-headquartered company was founded in 2002 and now operates across the 海角视频 as well as internationally
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拢85m travel group created as Humber specialist merges with South East firm
Deals
The two companies have merged in a strategic move by majority investor John Good Group
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Hotel group PPHE sees 11% revenue jump after strong summer
By City AM
The firm said that demand continued to increase for its city centre hotels and its leisure properties
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Ocado appoints KKR's Adam Warby as new chair, accelerating leadership transition
By City AM
Ocado has announced that KKR chair Adam Warby will succeed Rick Haythornthwaite as its chairman with effect from December 1, 2023
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Coca Cola firm raises guidance as it enjoys a fizzing performance in emerging markets
By City AM
Coca-Cola HBC said that organic revenue grew by 13.9 per cent during the third quarter, with year-to-date revenue growth of 13.7 per cent
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Jaguar Land Rover reports 59% surge in plug-in hybrid sales as drivers transition towards electric vehicles
By City AM
JLR has reported a 59% increase in the sale of its plug-in hybrid models during the first half of its financial year compared to the same period in 2023
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Nearly 900 jobs at risk as HelloFresh plans shutdown of major 海角视频 site
By City AM
The recipe box delivery company has said the Nuneaton distribution centre would remain operational until the middle of 2025 if the proposals are approved
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JD Sports offloads majority stake in Total Swimming Group
By City AM
The Greater Manchester-headquartered retail giant has held a 60 per cent stake in Bolton-based Total Swimming Group since a deal in 2022
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Neal's Yard cheese theft 'very difficult loss', Somerset supplier says
Crime
No arrests have been made following the theft of 22 tonnes of cheddar from Neal's Yard Dairy in London
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Adidas increases profit predictions after surge in sales during last three months
By City AM
Adidas has upped its full-year guidance after a better-than-expected performance in recent months saw the sportswear giant surge past Wall Street forecasts.
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Park and ride spaces at travel hub set to 'boost town centre'
Retail & Consumer
'A lot of work has gone into making this happen'
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Hawksmoor steakhouse chain eyes 拢100m valuation amid record sales and expansion
By City AM
The London-headquartered steakhouse chain has reported a turnover of 拢89.7m for 2023, up from the 拢73.9m it achieved in 2022. It comes after private equity firm Graphite Capital put the chain up for sale
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Crafting company Katy Sue Designs looks to future after return to full ownership
Deals
The South Shields business has completed a share buyout from investor and former chairman Neil Stephenson
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Surge in digital rail ticket sales prompts Trainline to increase financial forecasts, shares jump 10.6%
By City AM
The British ticket seller also revised revenue guidance upwards to between 11 and 13 per cent, compared to a range of seven to 11 per cent growth before
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Aerospace Bristol caf茅 to temporarily close next year for revamp
Museums
The cafe will shut "for a few days" while work is carried out on the venue, the museum said
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Fatface counts the cost of takeover by Next as fashion retailer enters the red
By City AM
Underlying pre-tax profits at Fatface slumped in the 35 weeks to 27 January, 2024 - a period shortened to align with that of its new owner, FTSE 100 giant Next
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Flutter Entertainment's Sky Bet sees profit drop amid rising salary costs and inflation
By City AM
The company behind the betting giant has said its operating expenses increased by 拢44m in the year to 拢310.2m, due to the impact of high inflation and a rise in salary costs
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Bristol sports pub reopens following refurbishment
Bristol
The Trooper, part of Stonegate Group鈥檚 Craft Union, has increased its capacity following the six-figure investment
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Car dealer Lookers slumps into the red after 拢504m take-private deal
By City AM
The Cheshire-headquartered business has reported a pre-tax loss of 拢5m for 2023, having posted a pre-tax profit of 拢73.9m in 2022.
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Mcdonald's 海角视频 restaurants take huge hit as profit plummets by over 拢100m
By City AM
The US fast food giant has reported a pre-tax profit of 拢66.3m for its 海角视频 operations, down from the 拢170.8m it achieved in 2022 - but its turnover took a big stride towards the 拢2bn mark
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Gloucestershire businesses unite to fight high street crime
Crime
The Tewkesbury Safe scheme is aiming to tackling shoplifting and anti-social behaviour
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Abercrombie & Fitch and Hollister 海角视频 profits surge as sales pass the 拢200m mark
By City AM
The 海角视频 division of the business behind Abercrombie & Fitch and Hollister has reported a pre-tax profit of 拢9.8 million for the 12 months to February 3, 2024, according to newly-filed accounts with Companies House
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