Expansion

Kingfisher profits drop amid poor international performance

Kingfisher has seen its pre-tax profits drop 25% to £568m for the year ended 31 January, down from £758m the…

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One Stop announces home delivery partnership with Snappy Shopper

Retail convenience chain, One Stop, has selected Snappy Shopper as one of its home delivery partners, following a trial period…

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Kontoor Brands appoints new COO

Lifestyle apparel company Kontoor Brands has announced the appointment of Tom Waldron as its new chief operating officer. In his…

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Today’s news in brief-19/3/24

Castore has secured the Umbro Pro Team Sports licence. This strategic move positions Castore as an exclusive marketer of Umbro…

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Today’s news in brief-13/3/24

Morrisons reported a loss of £1.1bn for the year ending October 2023. The increase in debt, mainly due to the…

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Zara owner profits surge by 28% in FY23

Zara owner Inditex has welcomed a “very robust” FY23 performance, as profit-before-tax surged 28.2% to €6.9bn (£5.9bn) while sales rose…

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Today’s news in brief-12/3/24

Superdry is in talks with Hilco Capital for a loan of up to £20m. This loan would support the company’s…

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Ann Summers profits hit £61.8m in FY23

Ann Summers has reported that gross profits for the 53-week period to 1 July 2023 hit £61.8m, spelling a 3%…

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Today’s news in brief-11/3/24

Doug Putman, the owner of HMV, is reportedly contemplating a bid to acquire The Body Shop from its administrators. The…

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Today’s news in brief-8/3/24

Superdry has partnered with restructuring firm Teneo to explore cost-saving measures amid financial struggles. With a reported revenue decline of…

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