Neal’s Yard Dairy: Profit fell before £300,000 cheddar heist Retail Profit at London cheese specialist Neal’s Yard Dairy fell in the year before it fell victim to a £300,000 cheddar heist. The southwark-based company hit the headlines in October 2024 when fraudsters posing as legitimate wholesalers received the 950 clothbound cheeses from the business before bosses realised they were a fake firm. At the time, [...]
Holland & Barrett: Huge losses continue despite sales surge Retail Holland & Barrett has suffered another year of losses despite its sales continuing to climb. The Nuneaton-headquartered health foods store chain has reported a pre-tax loss of £61.8m for the 12 months to the end of September 2024. The latest total comes after the retailer also lost £65.3m in the prior 12 months and £59.6m [...]
Office: Shoe retailer doubles profit to over £100m Retail Profit at the group behind shoe retailer Office more than doubled to over £100m as it continued to open new stores and created hundreds of jobs. The business, which also includes the Offspring brand, has posted a pre-tax profit of £102.4m for the 12 months to 30 June, 2024. The future comes after the group [...]
HMV: Sales on song as billionaire owner helps turn around high street icon March 6, 2025 Sales at HMV have more than doubled in the last three years as its recovery under the ownership of Canadian billionaire Doug Putman continues at pace. The high street staple has reported a turnover of £189.5m for the 12 months to 30 May, 2024, up from the £177.9m it achieved in the prior year. The [...]
Oak Furnitureland battles rising costs as sales cut March 3, 2025 Oak Furnitureland remains in the red as a catalogue of issues impacted its sales during its latest financial year. The Swindon-headquartered retailer has revealed its revenue fell by 17 per cent to £236m in the 12 months to the end of June 2024 because of “a soft market, the Red Sea disruption and the subsequent [...]
Club L London almost triples in size as it targets international expansion February 18, 2025 Fashion retailer Club L London is targeting international expansion after almost tripling its sales and headcount over a two-year period. The Manchester-headquartered company achieved a turnover of £44.4m for the 14 months to 31 March, 2024, newly-filed accounts with Companies House have revealed. The latest sales figure comes after Club L London’s turnover stood at [...]
Ann Summers slips further into the red as sales dip February 18, 2025 Ann Summers slipped further into the red as it battled “significant external pressures” including the cost-of-living crisis, rising inflation and Google’s safe search restrictions. The retailer fell to a pre-tax loss of £13.1m for the year to 29 June, 2024, after it also made a loss of £3.8m in the prior 12 months. Newly-filed accounts [...]
LK Bennett: Luxury fashion brand loved by Princess of Wales slumps into the red February 5, 2025 LK Bennett, the luxury fashion brand loved by the likes of Catherine, Princess of Wales, has slumped into the red. The London-headquartered retailer has reported a pre-tax loss of £3.1m for the 12 months to 27 January, 2024, according to newly-filed accounts with Companies House. The loss comes after LK Bennett posted a pre-tax profit [...]
Jack Wills: Job cuts continue as fashion brand halves in size February 5, 2025 Profit has continued to fall at fashion brand Jack Wills, which is owned by Mike Ashley’s Frasers Group, as more jobs were cut and stores closed during its latest financial year. The company’s headcount reduced from 233 to 135 in the 12 months to 28 April, 2024, while it went from running 32 shops to [...]
Savile Row label Hackett hails international success as profit rockets February 4, 2025 International success has helped up-market Savile Row clothing label Hackett almost quadruple its profit during its latest financial year as sales surged. The London-headquartered chain has reported a pre-tax profit of £3.8m for the 12 months to 31 March, 2024, according to newly-filed accounts with Companies House. The figure comes after Hackett posted a pre-tax [...]