Russia

Sleepeezee pre-tax profits dip to £159k in FY23

Bed retailer Sleepeezee has reported a pre-tax profit of £159,261 for the year ended 31 December 2023.  According to statements…

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Iceland posts record profits as £1 range proves popular

Iceland has reportedly posted record profits for the full-year as it managed to control its energy bills and its revamped…

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Levi’s posts $11m loss despite increase in DTC revenue

Denim brand Levi Strauss and Co has reported a net loss of $11m (£8.71m) in Q1 2024 compared with net…

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Moody’s ‘cautiously optimistic’ over Iceland’s future despite weak results

Moody’s has said it is “cautiously optimistic” over Iceland Foods’ financial future and prospects of tackling its bond debt, despite…

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Today’s news in brief-16/11/23

Mars has acquired Hotel Chocolat in a £534m deal, offering a 168% premium on the share price. Mars sees cultural…

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Iceland posts £17m full-year loss amid soaring energy prices

Iceland has fallen to a loss of £17.1m in its latest full-year results following a “wholly unprecedented” rise in global…

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Fred Perry reports record year as profits surge

British heritage brand Fred Perry has reported a “record year” as its profit before tax increased by 34% to £15.6m…

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H&M profits surge 61% as cost-saving measures bear fruit

H&M has announced that its profit after tax rose 61% to SEK 7bn (£524m) for the nine months ended 31…

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H&M net sales edge up 6% in Q3

H&M has revealed that its net sales rose 6% to SEK 60bn (£4.3bn) for the three months ended 31 August…

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Ann Summers plans expansion amid strong FY results

Ann Summers has seen its turnover rise by 7.4% to £100.1m in the year ended 25 June 2022, with plans…

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