IPO
This coverage examines initial public offerings (IPOs) in the UK retail sector, focusing on company valuations, market conditions, investor response, and strategic objectives. Reporting highlights how retailers prepare for and navigate IPOs as part of their growth plans — offering insight for executives, financial managers, and professionals involved in retail finance and corporate strategy.
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Jun- 2023 -2 JuneNews
Revolution Beauty reports 4.2% drop in revenues in H1
Revolution Beauty Group, the multi-channel mass beauty innovator, has reported a 4.2% decrease in revenues to £75.3m for the six months ended 31 August 2022. The retailer’s operating loss in H1 23 narrowed from the previous year to £12.1m however, primarily due to reduced stock provision charge in the period…
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May- 2023 -15 MayPeople Moves
KMD Brands appoints new Kathmandu CEO
KMD Brands Limited, the global outdoor, lifestyle and sports company, has appointed Megan Welch as CEO of Kathmandu. Welch will be based in Christchurch, Aotearoa New Zealand, at Kathmandu’s head office, and takes over from Michael Daly, group CEO and managing director of KMD Brands, who has been caretaking the…
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Mar- 2023 -13 MarchNews
Shein expected to raise £1.6bn for IPO
Fast fashion retailer Shein is set to raise £1.6bn in new funding ahead of a potential IPO in the United States, Reuters has reported. Among the biggest investors in the offering there is the United Arab Emirates’ sovereign wealth fund Mubadala, private equity firm General Atlantic and venture capital group…
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Feb- 2023 -21 FebruaryClothing & Shoes
Shein targets huge revenue growth ahead of IPO
Shein has reportedly set plans to nearly double its revenue to almost $60bn ($50bn) by 2025, whilst telling investors it is readying for an IPO later this year. According to a presentation seen by the Financial Times, the online fashion group said it was targeting full-year revenues of $58.5bn (£48.8bn)…
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7 FebruaryHigh Street
Victorian Plumbing appoints new CFO
Victorian Plumbing Group has revealed that Paul Meehan, the group’s chief financial officer, is set to step down and will be replaced by group director of finance Daniel Barton. Victorian Plumbing said that Meehans advised the board that he wishes to step down from his role on 31 March 2023…
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Dec- 2022 -2 DecemberAnalysis
A ‘fall from grace’: what went wrong with Made.com
Made.com was once a force to be reckoned with in the retail landscape. Having launched 12 years ago, the group had since enjoyed a rise to dizzying new heights. The company used sleek marketing to tap into its millennial customer base, and became one of the most popular destinations for…
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Nov- 2022 -25 NovemberPeople Moves
Pepco Group appoints former CEO as chairman
Pepco Group, the parent company of variety discount retailer Poundland in the UK, has announced the appointment of Andy Bond as chairman and Neil Galloway as chief financial officer. Bond, who was the former CEO of the group and led it through its flotation on the Warsaw Stock Exchange, will…
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Sep- 2022 -26 SeptemberAnalysis
Made.com for sale: what went wrong?
Made.com has officially put itself up for sale amid fears the business will be unable to raise fresh equity due to plummeting consumer confidence in the UK and supply chain disruptions. The online furniture retailer revealed plans to implement additional cost reductions, such a strategic headcount review, which is set…
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Aug- 2022 -18 AugustPeople Moves
B&M names former KPMG-head as non-executive director
B&M has appointed Oliver Tant as a non-executive director, effective 1 November 2022, and he will succeed Ron McMillan as chair of the Audit and Risk Committee at the conclusion of the Company’s AGM in July 2023. The appointment is subject to shareholder approval, and by this time, McMillan will…
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Jun- 2022 -29 JuneHigh Street
Moonpig posts £51m profit for FY22
Moonpig has revealed adjusted profit before tax of £51.5m for the year end 30 April 2022, down 30.9% on its 2021 results, but up 55.2% on 2020. Meanwhile its group revenue was £304.4m, down 17.3% on 2021 but up 75.8% on 2020 figures. Adjusted EBITDA was down 18.7% to 74.9m,…
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