Silverwood Brands
This section covers Silverwood Brands PLC’s activities within the UK retail and consumer brand investment landscape. Reporting focuses on its portfolio of premium consumer brands, including Balmonds, Nailberry, Sonotas, and Steamcream, highlighting developments such as product launches, retail partnerships, and market expansion efforts. Coverage also examines the company’s strategic decisions, including its acquisition and subsequent exit from a 19.8% stake in Lush, as well as financial performance and leadership insights. The content provides retail professionals with insights into Silverwood Brands’ approach to brand development, investment strategies, and its impact on the UK retail sector.
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Feb- 2024 -19 FebruaryNews
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 the latter half of 2023. This move comes as the company seeks to streamline operations and focus on key growth areas, such as running, women’s apparel, and the Jordan brand.…
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19 FebruaryHealth & Beauty
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, over a blocked transfer of shares, the Times has reported. Last year, Lush had a run-in with Silverwood Brands after the business sought to acquire a 19.8% stake in Lush,…
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Jul- 2023 -31 JulyHealth & Beauty
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% fall in profits, The Guardian has reported. It reported that these bonuses were paid on top of salaries in 2022 to directors, including the co-founder, Mark Constantine, and his wife,…
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Dec- 2022 -13 DecemberHealth & Beauty
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 cosmetic products, in a £216.8m deal. The conclusion to this transaction comes as VSA Capital Group has been involved in advising the directors of Lush, Andrew Gerrie and Alison Hawksley,…
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