AO World

Today’s news in brief-1/4/25

Retailers are bracing for a £5.56bn rise in costs following the implementation of recent Budget measures, including higher National Insurance…

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Today’s news in brief-26/3/25

John Lewis is close to securing approval for its housing project in Reading, transforming a former customer collection facility into…

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Frasers ups stake in AO World to 25%

Mike Ashley’s Frasers Group has revealed it has increased its stake in fashion retailer  Brown to 25.01%, according to the…

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Today’s news in brief-31/1/25

Homebase, the DIY retailer that collapsed into administration in November 2024, owes more than £650m to unsecured creditors, including suppliers…

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Homebase owes over £650m to unsecured creditors post collapse

Homebase still owes more than £650m to unsecured creditors, including AO World, Halfords, and The Hut, following its collapse into…

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Today’s news in brief-26/11/24

AO World has raised its full-year profit forecast to between £39m-£44m after reporting a 30% rise in pre-tax profits to…

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Today’s news in brief-2/10/24

Shop prices fell by 0.6% in September, marking the lowest annual growth since August 2021. Non-food items saw deflation deepen…

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AO World to acquire MusicMagpie in £10m deal

AO World has announced that it is set to acquire MusicMagpie in a deal worth £9.98m which is expected to…

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Today’s news in brief

Former BHS owner Dominic Chappell has been ordered to pay at least £50m by a High Court judge for the…

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AO adjusted PBT hits £34.3m in bumper FY24

Electrical retailer AO World has reported that adjusted profits before tax reached £34.3m in the year to 31 March, spelling…

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