New Balance’s UK division has more than doubled its sales and significantly increased profits over the last two years.The company reported a staggering turnover of £882.1 million in 2023, marking a dramatic rise from £413.5 million in 2021.Pre-tax profits soared to £148.2 million, demonstrating a meaningful recovery from previous years of financial struggle.The company experienced considerable growth in its workforce, expanding from 690 to 738 employees.Strategic investments in UK manufacturing and key sports categories continue to drive the brand’s global athletic presence.The UK division of New Balance has reported an impressive sales surge, more than doubling its previous figures over…
Author: Sam Allcock
Sam Allcock
Sam Allcock is a seasoned entrepreneur and passionate storyteller with a keen eye for emerging trends and viral phenomena. With over a decade of experience in the business world, Sam has successfully launched several startups that blend innovation with creativity. At 88com.net, he brings his expertise in curating compelling content that captures the zeitgeist of our digital age. When he's not exploring the latest trends, Sam enjoys connecting with his audience and sharing insights that inspire and inform. Join him on a journey through the stories that are shaping our world today!
As the financial year advances, investors are keenly evaluating stock market prospects for transformative growth. Amongst an array of options, Nvidia stands out, delivering nearly 150% returns in 2024. This remarkable performance positions it as a key player for potential profit in 2025.Nvidia’s innovative pace, coupled with strategic market moves, suggests its strong potential for further escalation. This article examines how Nvidia’s strategic advancements in technology and market positioning could continue to benefit investors in the coming year.Nvidia’s Unstoppable Innovation DriveNvidia has firmly established itself as a leader in artificial intelligence, driving innovation with its groundbreaking technologies. The firm’s advancements…
A new study highlights a critical gap in awareness among UK businesses regarding impending legal changes to workplace sexual harassment policies.Nearly half of UK businesses and HR professionals are not aware of the Worker Protection Act set to enforce next month.Despite its importance, only 39% of businesses feel prepared for these changes, indicating widespread unpreparedness.Existing policies are lacking, with one-third of organisations operating without formal anti-harassment measures.The challenges to implementing changes include poor communication and entrenched behaviours.A recent study by Culture Shift has revealed a surprising lack of awareness amongst UK businesses about the forthcoming Worker Protection Act. Nearly 45%…
A recent survey highlights significant workplace challenges faced by menopausal women, urging increased employer support.More than 10% of menopausal women consider leaving their jobs due to inadequate support from employers.An alarming 70% of women report feeling unsupported during menopause, emphasising the need for workplace reform.Over half of the women surveyed acknowledge the impact of menopause on their daily working life, especially those aged 45-54.The report calls for comprehensive menopause-friendly policies across all business sizes to foster inclusive work environments.A comprehensive survey conducted by HR consultancy hoomph reveals that more than one in ten menopausal women have contemplated quitting their jobs…
Ripple’s XRP has faced considerable challenges recently. The token’s price, impacted by legal hurdles, has yet to recover fully.With the SEC lawsuit resolved, hopes for XRP’s rise above $3 are rekindling. Investors are keenly watching potential growth catalysts.The road for Ripple’s XRP has been rocky, primarily due to the infamous lawsuit with the SEC. In December 2020, the SEC accused Ripple of selling unregistered securities, significantly affecting XRP’s performance. This legal battle hampered the token’s growth, causing it to miss out on significant price surges seen by other cryptocurrencies during the 2021 bull run.The lawsuit concluded recently with Ripple agreeing…
The UK government has made a bold move in the fight against climate change by pledging £21.7bn over the next 25 years to kick-start the carbon capture industry. This substantial investment aims to transform the UK’s industrial heartlands and drive the nation towards a cleaner energy future. But with the hefty price tag attached, the big question remains: Will this really help the UK tackle climate change, or is it a gamble that may not pay off? What is Carbon Capture and How Does it Work? Carbon capture and storage (CCS) is a technology designed to trap carbon dioxide (CO2)…
In recent years, gold has distinguished itself as a leading investment choice, outpacing the traditional dominance of the US dollar. A surge in global economic uncertainties has led investors to pivot towards this precious metal, seeking stability and assured returns.Gold’s impressive performance, boasting a 76% increase over five years, highlights its potential as a robust investment. Amidst financial market volatility, gold’s allure continues to grow, driven by both historical performance and current economic trends that favour its appreciation.Over the past decade, gold has experienced a remarkable price rally, doubling in value. This surge marks it as a prime asset for…
Wilko has officially launched a new webshop on Amazon, marking an expansion in its digital presence.The launch features Wilko’s own-brand household and DIY products available on the Amazon platform.Wilko is aiming to rebuild its market presence in the UK under new ownership by The Range.Recent months have seen Wilko increase its online offerings, including new bathroom and kitchen collections.Wilko’s return to physical retail continues with an upcoming store opening in London.Wilko has expanded its digital footprint by launching a new webshop on Amazon. This strategic move allows consumers to access a wide range of Wilko’s own-brand products, including pet essentials,…
Wilko embarks on a notable digital expansion with its first webshop launch on Amazon, exemplifying strategic growth under new ownership.The value retailer now offers its household and DIY product lines on Amazon, marking a significant step in its online presence.Wilko aims to restore its UK presence, intensifying its digital strategy under The Range’s ownership after overcoming administration.In addition to expanding Amazon offerings, Wilko is enhancing its product lines, including new bathroom and kitchen collections.Wilko’s strategic plan includes physical expansion, with a new store opening in London’s Uxbridge forthcoming next month.Wilko, a well-known value retailer, has taken a significant step in…
Primark is set to open its first store in Manhattan, marking a significant milestone in its U.S. expansion strategy.Situated on Manhattan’s Herald Square, the new store will be the US flagship, featuring four floors of fashion, homewares, and beauty products.The location is strategically chosen across from Penn Station, promising high foot traffic and accessibility.Primark aims for 60 US stores by 2026, with the new Manhattan location adding to its existing 27 stores across various states.Primark US president, Kevin Tulip, expresses enthusiasm about bringing affordable fashion to the heart of New York City.Primark has announced plans to open its inaugural store…