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.
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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,…
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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. …
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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…
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10 JanuaryHigh Street
ProCook revenues rise 3% over Golden Quarter
ProCook has revealed that total revenues over the third quarter increased by 3% year-on-year to £23.1m. While the kitchenware retailer’s total like-for-like revenues dipped by 0.4% over Black Friday and Christmas, its performance was better than the declines of 7.9% and 1.8% in the first and second quarters. The retailer’s…
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Oct- 2023 -20 OctoberNews
Today’s news in brief-20/10/23
The Office for National Statistics (ONS) revealed a 0.9% decline in retail sales for September, following a 0.4% rise in August 2023. Over the quarter, sales volumes dropped by 0.8% compared to the previous three months. Non-food store sales were particularly affected, with a 1.9% decrease in September, attributed to…
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20 OctoberNews
ProCook revenues dip 1.8% in Q2
ProCook has seen revenues dip by 1.8% to £15.7m in the second quarter of the year, excluding the impact of its exit from Amazon EU last year which resulted in a “modest” UK market share gain. Over the period, there were improvements in both ecommerce and retail channels compared to…
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Jul- 2023 -7 JulyNews
ProCook appoints new CEO
ProCook Group plc, the UK’s direct-to-consumer specialist kitchenware brand, has announced the appointment of Lee Tappenden as the group’s CEO. The news comes after Daniel O’Neill’s indication earlier this year of his intention to step back from the CEO role, as set out in the group’s preliminary results announcement on…
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Jun- 2023 -28 JuneHigh Street
ProCook revenues fall 9.9% in FY23
Kitchenware brand ProCook has revealed that total revenues fell by 9.9% to £62.3m in the year ended 2 April, with like-for-like revenues declining by 10.7% year-on-year following outperformance by the group last year. The group attributed its performance to gross profit margins being held back by higher supply chain costs…
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Apr- 2023 -19 AprilNews
ProCook revenues dip by 9.7% in Q4
UK’s specialist kitchenware brand ProCook has reported £12.6m of revenues for Q4, which ended on 2 April. The Q4 revenues, which have fallen -9.7% year on year, reflect “ongoing uncertainty in the consumer backdrop” and were driven primarily by a reduction in e-commerce including the discontinued Amazon channels. Full-year revenues…
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Dec- 2022 -9 DecemberNews
ProCook projects ‘weaker than anticipated’ F23 performance
ProCook Group has announced that it expects its full-year revenues for FY23 to be between £60m – £65m, marking a “weaker sales performance than anticipated”. The update comes after its Black Friday trading saw “softer consumer demand driven by the challenging consumer environment”. The combination of the continued softer year…
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