Silverwood Brands

Today’s news in brief-19/2/24

Nike has announced plans to cut 1,600 jobs, approximately 2% of its workforce, in response to disappointing sales figures in…

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Lush settles dispute with former boss over blocked share transfer

Bath bomb specialist Lush has settled a legal dispute with its former chief executive Andrew Gerrie’s investment firm, Silverwood Brands,…

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Lush pays bosses £5m in bonuses after claiming same amount in support

Lush reportedly paid its managers £5m in bonuses last year despite taking £5.1m in government support and posting a 90%…

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Silverwood Brands acquires stake in Lush Cosmetics for £216.8m

Silverwood Brands has acquired a 19.8% stake in Lush Cosmetics, the prominent manufacturer and seller of handmade skincare goods and…

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