Superdrug’s Profits Soar Amid Online Growth and Expansion
Superdrug's pre-tax profit skyrocketed by 71.7% in 2022, reaching £77.8 million, while sales surged 17% to £1.3 billion due...
online trading
TM Lewin Rescued from Administration by Petra Group’s Investment Vehicle
In a surprising turn of events, Petra Group's investment vehicle has reportedly reached a deal to acquire TM Lewin...
Paperchase Calls in Administrators Amid Covid-19 Impact on Sales
UK-based stationery store chain Paperchase has reportedly called in administrators from PwC due to a significant drop in sales...
N Brown Reports H1 Sales Recovery Amid Homeware Demand Boost
In a recent announcement, the N Brown group reported a recovery in H1 sales due to increased demand for...
DFS Cuts Jobs Amidst £271m Revenue Drop and Lockdown Impact
DFS, a UK furniture retailer, reports a £271 million drop in revenue due to lockdown pausing deliveries. Despite this,...
JD Sport Reports Record Revenue Amid Pandemic Challenges
JD Sport reports a 30% increase in annual revenue, reaching £6.1 billion, with strong growth in its global sports...
Card Factory CEO Karen Hubbard Departs After Four Years, Online Sales Surge Amidst Pandemic
Card Factory's CEO Karen Hubbard steps down after leading the company through its transition to a public limited company....
Card Factory’s Profits Decline Amid Pandemic Challenges
Card Factory reports a 11.8% drop in profit before tax to £67.2m, with like-for-like sales down 0.5%, due to...
Matalan Owner Seeks £60m Amid Store Closures and Pandemic Challenges
Matalan's owner, John Hargreaves, is seeking a £60 million cash injection to support the fashion retailer amidst the Covid-19...
Debenhams Enters Administration Amidst Pandemic Challenges
Embattled department store chain Debenhams enters administration, appointing FRP Advisory's Geoff Rowley and Alastair Massey as administrators amidst the...