Thornton’s
This section provides business-focused coverage of Thorntons’ transformation within the UK retail landscape. Following the permanent closure of its 61-store estate in 2021, the brand has shifted focus to e-commerce and grocery partnerships, responding to changing consumer behaviours and high street challenges. Reporting includes updates on digital sales performance, strategic investments, and brand positioning under Ferrero’s ownership. This content is tailored for retail strategists, brand managers, and professionals monitoring developments in confectionery retail and omnichannel transitions.
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Jul- 2022 -19 JulyNews
Grant Thorton fined £1.3m over Sports Direct audit
The Financial Reporting Council (FRC) has fined Grant Thornton UK LLP £1.3m for “serious failings” in the statutory audits of Sports Direct International plc for the financial years ended 24 April 2016 and 29 April 2018. Grant Thornton’s former partner, Philip Westerman, has also received a sanction of £79,575. For…
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Feb- 2020 -19 FebruaryHigh Street
Sports Direct ‘partially allowed’ to withhold private documents from FRC
The Court of Appeal has ruled to partially allow Sports Direct’s appeal to overturn a High Court ruling from 2018 which ordered it to submit 40 company documents to the Financial Reporting Council (FRC). It comes after the FRC attempted to gain access to the documents in relation to its…
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Jan- 2020 -30 JanuaryHigh Street
Sports Direct battles order to hand ‘private’ documents to FRC
Sportswear retailer Sports Direct is fighting an order to hand over “private” documents to the UK’s accounting watchdog. According to a report by the Financial Times (FT), the retailer is attempting to overturn a High Court ruling from 2018 which ordered it to submit 40 company documents to the Financial…
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Jul- 2019 -26 JulySport & Leisure
Sports Direct delay results for second time
Sports Direct has again delayed the release of its latest financial results and has asked investors for more time, insisting they may still be released by the end of the day (Friday 26 July). The results were expected to have been announced at 7am ahead of the market opening, less…
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