AO

AO World profits rise amid membership scheme success

AO World has revealed that its adjusted profit-before-tax rose 27% to £44m for the year ended 31 March 2025, up…

Read More »

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…

Read More »

Frasers ups stake in THG to 10.92%

Mike Ashley’s Frasers Group has revealed it has increased its stake in THG from 4.8% to 10.92%, according to the…

Read More »

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…

Read More »

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…

Read More »

Today’s news in brief-25/3/25

WH Smith has successfully completed a refinancing deal, securing a £200m US Private Placement and a new £120m bank term…

Read More »

AO raises full-year profit guidance amid LFL sales surge

AO has revealed that its adjusted profit-before-tax has grown in the region of 30%, and is expected to be around…

Read More »

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…

Read More »

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…

Read More »

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…

Read More »