Victorian Plumbing

The nostalgia trend: Why do companies revive old brands?

A cultural institution in the 90s, defunct in the 00s and making a comeback in the 20s. MFI Furniture is set to relaunch on the British high street after owner Victorian Plumbing revealed plans to relaunch the brand in early 2026, promising a refresh without the frustrations of long online…

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Today’s news in brief-15/5/25

B&M has appointed former Tesco executive Tjeerd Jegen as its new CEO, effective 16 June 2025. Jegen brings 25 years of retail experience from companies including Ahold Delhaize and Woolworths. Chair Tiffany Hall praised his strategic insight and customer-centric approach. Despite a 3.1% drop in UK like-for-like sales to £4.5bn…

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MFI to make comeback after nearly two decades

Furniture retailer MFI is set to return to the high street almost 20 years after it fell into administration.  Owner Victorian Plumbing is planning to relaunch the retailer in the first half of 2026 and pledged to invest £3m into people and property ahead of its return to the market.…

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Today’s news in brief-25/2/25

The UK government is set to introduce stricter measures to combat retail and street crime through a new Crime and Policing Bill, which had its first reading in the House of Commons on 25 February. The bill, expected to become law later this year, includes a new offence for assaulting…

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Victorian Plumbing ‘on track’ amid Q2 sales increase

Victorian Plumbing has announced that it is “on track” to deliver profit in line with its full-year expectations as sales in Q2 rose. As a result, the company stated that it expects its half-year sales to have increased 5% after sales growth in January and February. The company put part…

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Today’s news in brief-15/1/25

Inflation in the UK unexpectedly fell to 2.5% in December, marking its first decline in three months, according to the ONS. The decrease, attributed to reduced hotel and tobacco prices despite rising fuel costs, exceeded expectations, as analysts had predicted inflation would remain steady at 2.6%. While inflation remains above…

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Victorian Plumbing revenues hit £295m in FY24

Victorian Plumbing has reported a 4% revenue growth to £295.7m for the year ended 30 September 2024.  The bathroom retailer shared that its order volume increased by 10% to over one million orders for the first time and that its adjusted pre-tax profits grew 14% to £23.1m.  However, on a…

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Today’s news in brief-15/10/24

Victorian Plumbing announced the closure of Victoria Plum due to a £2m loss since acquisition, aiming to complete operations by year-end. Despite this, Victorian Plumbing reported a 4% revenue increase in FY24, with strong consumer demand and enhanced market share. CEO Mark Radcliffe highlighted growth in own-brand sales and improved…

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Victorian Plumbing to close Victoria Plum amid £2m loss

Victorian Plumbing has announced it is to close the recently acquired Victoria Plum, after it incurred a £2m loss in just four months. In a trading update for the trading for the year ended 30 September 2024, Victorian Plumbing said Victoria Plum contributed c.£15m of revenue and incurred an adjusted…

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Victorian Plumbing to shutter Victoria Plum, 100 jobs at risk

Victorian Plumbing is set to close Victoria Plum, a rival firm it acquired only three months ago, in a move that puts around 100 jobs at risk.The group acquired the competitor in May for £22.5m. It acquired the entire issued share capital of AHK Designs Ltd, trading as Victoria Plum…

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