FTSE 250
This coverage provides insights into the retail companies listed on the FTSE 250, focusing on their market performance, business strategies, and key financial updates. Explore how these businesses are navigating the retail landscape, including growth initiatives, mergers, acquisitions, and leadership changes. Tailored for business executives and retail professionals, this content supports strategic decision-making and market analysis.
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Jun- 2025 -6 JuneDIY
Wickes enters FTSE 250 amid strong sales
Wickes has been promoted to the FTSE 250 index following a strong start to the year. David Wood, chief executive of the Wickes Group stated that it was a “fantastic recognition for all the hard work of its colleagues who do such a great job serving customers and helping the…
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Apr- 2025 -29 AprilHealth & Beauty
THG revenues rise 1.1% to £1.8bn in FY24
THG has seen its revenues rise by 1.1% year-on-year to £1.8bn in the year to 31 December 2024, while its pre-demerger adjusted EBITDA hit £123.1m in line with guidance and consensus. It comes as, during 2024, THG completed its Ingenuity demerger, joined the FTSE 250 index, and refinanced its long-term…
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Mar- 2025 -25 MarchHealth & Beauty
THG successfully raises £90m with help from founder
THG has successfully fundraised £90m with the support from new investors and existing shareholders, including a £60m contribution from founder and chief executive Matthew Moulding. The equity contribution was made up of £30m of new ordinary shares, and Moulding’s £55m convertible loan and £5m of partly paid shares. The firm…
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Jan- 2025 -31 JanuaryPeople Moves
THG appoints Milyae Park independent non-executive director
THG has announced the appointment of Milyae Park as an independent non-executive director with immediate effect. Park joins THG following a long and successful career in digital and ecommerce transformation at FTSE 100 and FTSE 250 companies including Tesco and Marks and Spencer. Since launching a portfolio career in 2019,…
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Sep- 2024 -6 SeptemberNews
Today’s news in brief-6/9/24
Burberry, a fixture in the FTSE 100 for the past 15 years, has been demoted to the FTSE 250 following a steep decline in its share price, which has plummeted by around 50% over the last six months. The luxury fashion house has been hit hard by a slowdown in…
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6 SeptemberClothing & Shoes
Burberry relegated from FTSE 100 as share price falls
Burberry has been relegated from the FTSE 100, having been in the tier for 15 years, after its share price plummeted this year following weaker sales. According to the latest FTSE Russell quarterly review, the luxury clothing brand now joins the FTSE 250, with insurer Hiscox taking its place in the…
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Jul- 2024 -3 JulyDIY
B&Q appoints new director of responsible business
B&Q has announced the appointment of Joanna Gluzman as director of responsible business. Gluzman has over 25 years of experience spanning ESG and investor relations, most recently at PZ Cussons, a FTSE 250 FMCG company as chief sustainability officer overseeing the sustainability strategy and implementation internationally. She has also held…
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May- 2024 -29 MayNews
Today’s news in brief-29/5/24
Retail sales in the UK have seen their fastest growth since December 2022, according to the CBI Distributive Trades Survey. Sales volumes jumped by 8% in May, even as selling price inflation eased significantly to its lowest since August 2020, falling from 54% in February to 20%. Despite this improvement,…
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29 MayOnline & Digital
Ocado to be relegated from FTSE 100 as stocks fall
Ocado could face relegation from the FTSE 100 after its share price collapsed, amid reports the company is considering moving its listing from London to New York. The London Stock Exchange named Ocado Group as an indicative FTSE 100 deletion ahead of its next quarterly reshuffle, with technology group Darktrace…
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Jun- 2023 -9 JuneOnline & Digital
Frasers ups stake in Asos for second time in a week
Mike Ashley’s Frasers Group has upped its stake in embattled online retailer Asos for the second time this week. Frasers has increased its stake to 9.8%, up from the 8.8% established on Tuesday ( 6 June). The investment has sparked rumours of potential interest in a takeover offer with the…
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