Consumer

A Contribution of £10 Million is Declared by THG Founder Moulding

Highlights:,Matthew Moulding Increases Stake:,THG PLC founder and CEO Matthew Moulding has invested nearly £10 million to enhance his stake in the com...

Three-Year Low in UK Inflation Contributes to FTSE 100 Gains; Whitbr...

Highlights:,FTSE 100 Rally:,The FTSE 100 has surged by 60 points, or 0.7%, reaching 8,309.50, with a majority of the top 20 companies in positive terr...

Marshalls Sees Fall in Group Revenue in Nine Months, Expects Improve...

Key Points,Group revenue for the nine months ended 30 September 2024 was £476 million, reflecting a 3% decline in Q3 but a notable improvement from H1...

Whitbread's £100 Million Buyback Introduced in Response to 22% Decli...

Highlights:,Stable Revenue Performance:,Whitbread reported revenue of £1.57 billion, only slightly below the previous year, despite challenges in the...

Director Share Sales Surge Amid Market Optimism and Tax Concerns

Highlights:,Next's Leadership Sells Shares:,Jeremy Stakol and CEO Simon Wolfson both made substantial share sales following strong profit forecasts.,G...

Bunzl Gains Favor as JP Morgan Upgrades Outlook on Positive Growth P...

Highlights:,Upgraded Outlook:,JP Morgan upgrades Bunzl’s rating to "overweight" due to confidence in medium-term growth and margin improvements.,North...

Rival Company is Positioned for Closure After Resolution of Name Dis...

Highlights:,Victorian Plumbing Group PLC plans to close rival Victorian Plum after acquiring the business from its administrator following a legal dis...

Robert Walters' Trading Update Highlights Continued Recruitment Chal...

Key Points:,Robert Walters reported a 12% decline in group net fee income for Q3 2024, reflecting ongoing market challenges.,Headcount decreased by 4%...

Victoria Anticipates Stronger H2 FY2025 Despite Ongoing Market Weakn...

Key Points,:,Victoria expects H1 FY2025 revenue of approximately £580 million and underlying EBITDA of £50 million, reflecting weak demand.,Positive m...

Bellway's outlook on housing recovery is being conveyed, even as pro...

Highlights:,Bellway PLC anticipates a “material increase” in housing volumes due to improving market conditions following a significant decline in rev...

Audioboom’s Q3 2024: Record-Breaking Revenue and EBITDA Surge

Key Points,:,Audioboom achieved a record Q3 2024 revenue of US$18.8 million, a 34% increase from Q3 2023.,Showcase, the company’s global advertising m...

TI Fluid Systems Considers Improved Takeover Offer from ABC Technolo...

Highlights:,Improved Offer:,TI Fluid Systems received an updated 200p per share offer from ABC Technologies, a 53.4% premium to its pre-offer stock pr...

Bakery Sector Faces Rising Butter, Chocolate, and Sugar Costs as Chr...

Highlights:,Record Butter Prices,: Butter prices surged 87% in September, threatening bakery firms ahead of Christmas.,Tight Supply,: Butter productio...

Entain, Flutter, Evoke, and Rank Experience Decline Amidst New Gambl...

Highlights:,Shares in major bookmakers, including Entain PLC, Flutter Entertainment PLC, and Evoke PLC, fell significantly following reports of a pote...

easyJet Appoints Jan De Raeymaeker as New Chief Financial Officer

Highlights,Jan De Raeymaeker will join easyJet as Chief Financial Officer (CFO) on 20 January 2025.,Kenton Jarvis will become Chief Executive Officer...

ABC Technologies' Fifth Bid Endorsed by TI Fluid Systems

Highlights:,TI Fluid Systems PLC's board indicates willingness to accept a takeover bid from ABC Technologies at 200p per share, following the rejecti...

Mulberry Directors Seeking Expertise Amid Major Shareholder's No-Int...

Highlights:,Mulberry Group's board engages with advisers following Frasers Group's takeover offer amid the largest shareholder's disinterest.,Frasers...

FTSE 100 Likely to Open Lower in Light of New Government Business In...

Highlights:,Mike Ashley's Frasers Group proposes a 150p-per-share offer for Mulberry Group, significantly higher than the recent fundraising price.,Ma...

Bellway Welcomes Former Cairn Homes Executive as Chief Financial Off...

Highlights,Bellway has appointed Shane Doherty as its new Chief Financial Officer, effective December 1, 2024.,Doherty previously served as CFO of Cai...

Saga Announces 11% growth in revenue and 27% rise in EBITDA in recen...

Highlights,Revenue and EBITDA Growth,: Saga plc reported an 11% increase in underlying revenue, driven mainly by strong performance in its Cruise and...