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Retail & Consumer

Lego defies the odds as 海角视频 sales and profit rise for sixth year in a row
By City AM
The business did not increase its 海角视频 sales and pre-tax profit in only one year since 2017
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Lavazza 海角视频 achieves record 拢102.3m turnover amid strong global performance
By City AM
The Uxbridge-headquartered division's turnover totalled 拢102.3m for 2023, newly-filed accounts with Companies House show.
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New 拢1m retro disco club set to open after DGB Hospitality Group's ' biggest investment yet'
Retail & Consumer
Gloria's will move into the building which was previously home to late-night cocktail and rock and roll bar MOJO
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Footasylum profit more than doubled during latest financial year
By City AM
The Greater Manchester-headquartered retailer said profit before tax totalled 拢6m for the year to 27 January, 2024, up from the 拢2.8m it recorded for the prior 12 months
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Katherine's Florist in Newcastle sold to new owners after half a century in same family
Retail & High Street
New owners have taken charge of the popular business which has sites in Gosforth and Newcastle city centre
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Pret A Manger's overseas expansion pays off as one in four pounds now spent outside the 海角视频
By City AM
The sandwich and coffee chain said its sales grew by 10% year on year to 拢569 million, as it pushes ahead with plans to grow its business overseas
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THG announces plans to demerge THG Ingenuity arm
By City AM
The company said it was "actively undertaking detailed work to review potential structures to facilitate the demerger of THG Ingenuity"
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Hotel Chocolat appoints new CEO Lysa Hardy in strategic move post Mars acquisition
By City AM
The chocolate retailer has promoted its 海角视频 managing director Lysa Hardy to become its new chief executive in another sign of change after a takeover by Mars
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McDonald's empire says new McFlurry flavours will boost sales after 'bold' price rises
By City AM
AG Restaurants - which is run by Andrew Gibson - has said the "bold" price rises will be offset by a strong marketing push
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Plant-Ex Ingredients plans American success after 拢9m investment from BGF
South West
Deal follows expansion of its Bristol base
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Ping's European division celebrates record-breaking 拢107.5m turnover in 2023
By City AM
The European arm of golf brand Ping has posted turnover of more than 拢107m for the 12 months to December 31, according to newly-filed accounts with Companies House
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New Ofcom rules to simplify broadband switching in the 海角视频, but will it boost customer transitions?
By City AM
The One Touch Switch regulation - which will be introduced on Thursday - aims to simplify the notoriously complex process of switching broadband and home phone providers
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Supreme Court rules against Tesco in landmark 'hire and fire' case over employee retained pay
By City AM
The Supreme Court has ruled that Tesco cannot terminate its employees' contracts for the purpose of depriving them of retained payment, after a three-year legal battle
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Fevertree sales fall in 海角视频 due to 'unseasonable weather' as US market grows
By City AM
The premium drink mixer brand told the London Stock Exchange that revenue grew by two per cent year on year at constant currency rates in the six months to 30 June.
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Trainline reports robust sales growth, driven by digital ticket demand and fewer 海角视频 rail strikes
By City AM
Trainline said half-year net ticket sales jumped higher than expected after a combination of increased demand for digital tickets and fewer 海角视频 rail strikes helped drive growth
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John Lewis Partnership reports promising half-year results, slashing losses and boosting sales
By City AM
""The retailer said it is on track to significantly improve its performance for the full year""
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Consumer products group Hunter Price International opens first HQ in China
North West
Move comes weeks after company's deal to buy online toy retailer
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Boohoo makes huge change to US market in bid to broaden appeal
By City AM
The Manchester-headquartered group will stop supplying US customers from its distribution centre in Pennsylvania, as the company's management look at ways to drive a more sustainable and profitable business.
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Dunelm defies tough consumer environment as sales and profits rise
By City AM
The Leicester-headquartered homeware retailer said its sales growth was driven by the volume of goods sold and the continued expansion of its digital footprint.
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ASOS progresses in debt reduction, refinances 拢500m and sells Topshop amid financial restructuring
By City AM
The online fast-fashion retailer has refinanced the majority of its 拢500m debt, which has been a major concern for investors as the company has struggled with post-pandemic shopping trends
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Consumer insights group Vypr moving into US market with aim to quadruple in size and create 100 jobs
Technology
YFM-backed group works with some of the 海角视频's biggest brands
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Pizza Hut Europe reports 拢9.3m pre-tax profit in 2023, recovering from 拢106.4m loss
By City AM
The London-headquartered division has reported a pre-tax profit of $12.2m (拢9.3m) for 2023, after posting a pre-tax loss of $139.4m in 2022, according to newly-filed documents
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Macdonald Hotels slips back into the red as costs climb
By City AM
The group, which is headquartered in East Kilbride, Scotland, has reported a pre-tax loss of 拢3.5m for the year to 28 September 2023, after having posted a pre-tax profit of 拢44.5m in the prior 12 months
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Aldi loses market share - but boss says Brits are 'voting with their feet'
By City AM
The budget supermarket giant lost 0.2 per cent to report a market share of 10 per cent in 2023
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