ProCook
This coverage explores ProCook’s performance and strategy in the UK cookware and kitchenware retail sector. Reporting focuses on its store network expansion, e-commerce initiatives, financial updates, product range development, marketing campaigns, and executive leadership — offering actionable insights for retail professionals, brand managers, and business decision-makers engaged in homeware and specialty retail.
-
Oct- 2024 -16 OctoberNews-In-Brief
Today’s news in brief-16/10/24
Inflation in the UK has dropped to 1.7% in September, marking its lowest level in over three years, down from 2.2% in August. This decline, driven largely by falling airfares and petrol prices, is below the Bank of England’s 2% target, which may result in pressure to lower interest rates.…
Read More » -
16 OctoberNews
ProCook revenues rise by 8.8% to £17m in Q2
ProCook revenues increased 8.8% year-on-year to £17m in the second quarter of 2024, reflecting continued trading momentum and market “outperformance”. The kitchenware retailer’s like-for-like revenue grew by 4.7% with positive growth in both retail and ecommerce channels. Retail revenue increased 7.1% thanks to the fifth consecutive quarter of positive like-for-like…
Read More » -
Jun- 2024 -26 JuneNews
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 losses incurred by the high street chain before its collapse. Chappell, who bought BHS for £1 from Philip Green, faces charges from liquidators for wrongful trading, misfeasance, and breach of…
Read More » -
26 JuneNews
ProCook sees revenues and profits rise in FY24
ProCook has reported underlying PBT of £1m and total revenues of £62.6m, up 0.4% for the 52 weeks ended 31 March 2024. According to ProCook, this growth reflects improved gross margins and “strong cost discipline” despite significant inflationary cost pressures. Although LFL revenue decreased by 2.0% YoY, the group’s LFL…
Read More » -
Apr- 2024 -18 AprilNews
Metrocentre to welcome trio of retail brands
Metrocentre’s Green Mall is set to welcome specialist kitchenware brand ProCook, footwear retailer Clarks, and lingerie brand Victoria’s Secret. ProCook is set to open a 3,326 sq ft space in Metrocentre’s Lower Green Mall later this year. The kitchenware brand will stock a wide range of high-quality cookware, knives, tableware,…
Read More » -
9 AprilNews
Today’s news in brief-9/4/24
No Ordinary Designer Label Limited (NODL), the retailers of the Ted Baker brand in the UK and Europe, will close 11 stores by 19 April. This decision follows the appointment of administrators and is aimed at improving the company’s performance. Authentic Brands Group, the intellectual property owner of Ted Baker,…
Read More » -
9 AprilNews
ProCook Q4 revenues jump 4.8%
ProCook has revealed that its revenues jumped 4.8% up to £13.2m for the 12 weeks ended 31 March 2024. As a result of this the board expects its full-year underlying PBT for FY24 to be between £0.5m to £1.0m, marginally ahead of market expectations. Furthermore, the company’s total like-for-like revenue…
Read More » -
Feb- 2024 -5 FebruaryNews
The Lexicon to welcome three new leases
The Lexicon has announced a trio of high profile new lettings, after reporting rising footfall levels and increased consumer spending during 2023 across Bracknell town centre’s retail destination. Nationwide bar and cafes chain Lounges, known for its eclectic interior decoration and atmosphere, will occupy a 3,400 sq ft space. Meanwhile,…
Read More » -
Jan- 2024 -24 JanuaryNews
ProCook announces commitment to Real Living Wage
ProCook has announced today its commitment to paying at least the Real Living Wage for all colleagues, reflecting its ongoing investment in its people. The base rate of £12 per hour will be offered as a minimum to all colleagues regardless of age, with London workers receiving £13.15 per hour. …
Read More » -
10 JanuaryNews
Today’s news in brief-10/1/24
Sainsbury’s reported a 6.5% increase in retail sales for the 16 weeks ending January 6, 2024. Grocery sales rose by 9.3%, with Christmas grocery sales up 8.6%. General merchandise sales dropped 0.6%, but excluding the impact of Argos’ closure in Ireland, they increased by 1.5%. The company reiterated its full-year…
Read More »
