Financial Highlights: Asos, Pets at Home, Holland and Barrett, Ocado
Lead: Asos faces a sales decline but maintains profit guidance, while Pets at Home and Holland and Barrett reveal...
revenue growth
The Very Group Secures £125m Funding Package and Reports £2m Loss
Lead: The Very Group secures a £125m funding package from Carlyle and IMI to fuel its growth strategy, despite...
Halfords Issues Profit Warning Due to Weakening Core Markets
**Lead:** Halfords revises its full-year profit expectations downward due to weakened core markets, impacting revenue growth and gross margins,...
Beyond Inc. to Reopen Overstock’s Online Store
Lead: In a bid to revamp its struggling home and furniture retail segment, Beyond Inc. is set to reopen...
Angling Direct Reports Strong Revenue Growth
**Lead:** Angling Direct, a fishing tackle retailer, reels in a 10.2% revenue increase to £81.7m despite storm disruptions, showcasing...
THG Reports Revenue Growth Amid Beauty Division Success and Partnership with Holland & Barrett
THG reports a 1.1% revenue increase to £597m in Q4 2023, driven by beauty and ingenuity divisions, with UK...
Sosandar Maintains FY Guidance Despite Half-Year Loss Amid Strong Trading
Sosandar, an online fashion retailer, has reported a pre-tax loss of £1.3 million for its half-year results, down from...
Fast-Fashion Giant Shein Eyes London IPO, Waitrose Expands Exports, Pepco Group Reports Revenue Growth
Fast-fashion giant Shein is reportedly exploring a potential initial public offering (IPO) on the London Stock Exchange, with Chairman...
Marks Electrical Group Reports 24.8% Revenue Growth to £53.9m, Market Share Increase in H1 2024
Marks Electrical Group reports a 24.8% revenue increase to £53.9 million in H1 2024 compared to £43.1 million in...
UK CEO Appointments, Wilko Comeback, and Company Growth Updates
Tesco appoints Matthew Barnes as UK CEO in March 2024, succeeding Jason Tarry; Barnes brings experience from Aldi. Under...