Aldi will be supporting charities, community groups and food banks throughout the UK by donating almost 250,000 meals to people in need during the Easter school holidays. The move follows a survey conducted with community giving platform Neighbourly which found that 99% of foodbanks have seen a surge in demand since...
International Leisure Group (ILG), the holding company for American Golf has reported sales of £166m for the 12 months to January 30, 2022, up from the £115.4m it achieved in the prior year. ILG has also revealed plans for a £6m investment programme during the next 12 months which will create...
Ted Baker, has launched a formal sale process after receiving a third takeover move by US private equity suitor Sycamore Partners. Shares in the company jumped on Monday morning after the fashion brand said it had also received another “unsolicited” approach by an unnamed party. It comes a week after Ted...
Moss Bros has reported a “strong financial recovery with profit levels above pre-Covid performance” for the 12 months to 31 January 2022, despite stores being closed until 12 April 2021 under the third national lockdown. Moss Bros made EBITDA of £17m – up from £5.2m in 2020 – on turnover of...
Moonpig, the online greeting card and gifting platform, has upgraded its revenue forecast for the year to 30 April following continued strong trading. In a trading update, the retailer said it now expects group annual revenue for the period to come in at around £300 million, which reflects the temporary impact...
Sofa Workshop, a subsidiary of Halo Group, has gone into administration with the loss of 77 jobs. Supply chain and transport costs had contributed to trading losses and outweighed ‘significant revenues’, said appointed administrators Toby Banfield, David Baxendale and Zelf Hussain of PwC. The company had 16 stores across the UK and...
The Funko pop culture lifestyle brand has opened its first international franchise location in Dubai. Owned and operated by Monkey Distribution, the store in the newly constructed Dubai Hills Mall will enable visitors to experience Funko products such as Pop!, GOLD, Loungefly and Funko Games, while being assisted by a dedicated...
JD Sports has created 100 new jobs through the opening of an upsized store at Leicester’s Fosse Park. The sportswear retailer previously operated a shop at Fosse Park North, but has now moved to a site that it is double the size at the retail park’s new ‘West’ development. Spanning over 12,000...
H&M Man has launched a new sportswear campaign fronted by broadcaster Roman Kemp and poet Hussain Manawer. Called Explore Your Nature, the campaign aims to highlight how sportswear and physical activity can positively affect mental wellness and mindfulness. The messaging is put across through a three part film where mentors like British...
Tesco has seen a 300% increase in the use of its network of free electric vehicle charging points in the past year. The supermarket giant launched the network across car parks at its Extras and Superstores in 2019 in collaboration with Pod Point and Volkswagen. Last month it opened the 500th...
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