Author: Sam Allcock

Huel has achieved a significant financial milestone by exceeding £200 million in sales, a testament to its expanding product range and retail presence.Huel has reported a remarkable increase in its pre-tax profit, nearly tripling to £13.8 million in the twelve months leading to 31 July from the previous year’s £4.7 million. This financial achievement coincides with a surge in sales, rising by 16% from £184.5 million to £214 million. Such growth has been driven by doubling its retail presence to 25,650 stores, a move that significantly contributed to the sales upsurge.James McMaster, the CEO, attributes this success to the strategic…

Hatch has embarked on a collaboration with London FA to promote grassroots football.The agency aims to launch the ‘London For All’ initiative for the next four years.A symbolic ‘pass’ event marked the beginning of this programme across social media.London FA plays a crucial role in nurturing football culture, with vast participation.The partnership highlights commitment to youth and diverse participation in football.Hatch, a creative communications agency located in London and Leeds, has been appointed by the London Football Association (London FA) to lead the ‘London For All’ initiative. This four-year project is focused on enhancing grassroots football throughout London, with a…

Harvey Norman steps into the UK market, offering a variety of home and technology products.The Australian retailer has chosen Merry Hill Shopping Centre, Dudley, for its English debut.Over 300 stores globally, with 15 years of experience in Northern Ireland, Harvey Norman aims to expand in England.The retailer focuses on mid-range to upper-range price points, with a diverse product selection.Roach emphasises non-aggressive expansion plans while exploring a second location near Birmingham.Harvey Norman, the renowned Australian retailer, has officially entered the UK market, marking its presence at the Merry Hill Shopping Centre in Dudley. Despite the choice of a seemingly unusual location,…

Smyths Toys releases their anticipated 2024 Winter catalogue, showcasing new ‘Hero Products’ with HUB’s creative expertise.HUB, an integrated agency, provided full-page creative and lifestyle photography for Smyths Toys’ catalogue.Key products featured include Disney’s Stitch, Flybar Bumper Cars, and innovative robotic toys.The agency executed the project swiftly, completing it in 10 weeks from storyboard to final edit.HUB’s work extended to product videos for online listings and European TV advertisements.Smyths Toys has launched its eagerly awaited 2024 Winter catalogue, crafted with the creative input of the integrated agency HUB. This collaboration has brought to life several ‘Hero Products’ that are central to…

Despite a significant pay rise for Asos CEO José Antonio Ramos Calamonte, the company faces escalating financial losses.Ramos Calamonte’s earnings increased by 43% to £1.17 million, even as Asos reported a growing pre-tax loss.The annual report detailed the CEO’s pay package, including a generous bonus despite declining sales.Asos’s turnaround plan is claimed to be showing progress, despite market challenges.The retailer acknowledges the need to improve profitability and cash flow in a demanding environment.Despite the company’s considerable financial challenges, Asos CEO José Antonio Ramos Calamonte saw his earnings soar by 43% to a total of £1.17 million. This substantial increase arrives…

Everything Tech Group has announced its acquisition of Codus, a key player in IT for architecture and construction.This acquisition follows a strategic loan from NatWest, enhancing Everything Tech’s growth plans.Codus, founded in 2008, focuses on the IT needs of architectural practices.The acquisition will provide Codus with greater resources and expertise.This move strengthens Everything Tech’s position in the architecture sector.Everything Tech Group recently announced its acquisition of Codus, a company known for its IT solutions tailored to the architecture and construction industries. This acquisition is part of Everything Tech’s broader strategy to enhance its service offerings and secure a stronger market…

Visitors to Co-op Live arena can enjoy a unique Squashies experience this November.Swizzels is hosting a Squashies zone from November 15th to 30th, offering free sweets and interactive games.Attendees can share selfies on a specially designed Squashies sofa, featuring the brand’s signature colours.The event coincides with performances by top global music and comedy acts, enhancing the entertainment offering.Swizzels aims to enhance visitors’ experiences with treats and chances to win more prizes.This November, attendees of the Co-op Live arena are invited to explore a unique Squashies experience zone. Over the course of two weeks, Swizzels, the official sweets supplier, is setting…

Morrisons successfully reduced its debt by £2.4 billion through strategic restructuring.The company’s debt decreased from £6.2 billion to £3.8 billion, nearly a 40% reduction.Key restructuring actions included extending loan facilities and reducing debt costs.Moody’s upgraded Morrisons’ credit rating due to improved financial stability.Morrisons’ sales rose by 2% during the third quarter, achieving key strategic goals.Morrisons has effectively reduced its debt load by £2.4 billion, a move that marks a substantial step in the company’s financial strategy following its acquisition by Clayton, Dubilier & Rice. This reduction cuts nearly 40% from its previous debts, bringing it down from £6.2 billion to…

Morrisons has made substantial progress in reducing its debt, achieving a near 40% cut.The supermarket’s debt restructuring and £200m repayment resulted in a total debt reduction of £2.4bn.Morrisons extended its Term Loan Facilities and Revolving Credit Facility, improving financial stability.The retailer’s improved credit rating reflects its reduced debt load and financial strategy.Recent sales figures indicate Morrisons’ strategic focus is yielding positive results.Morrisons, a prominent supermarket chain, has achieved a significant reduction in its debt, cutting it by nearly 40%. This accomplishment is part of a comprehensive debt restructuring effort following its acquisition by Clayton, Dubilier & Rice. The restructuring included…

Little Journey, a pioneering healthtech company, secures £6 million in Series A funding to enhance paediatric care.The funding round was led by venture capital firm Par Equity, with significant contributions from healthcare and life sciences experts.This funding aims to support Little Journey’s global expansion, particularly focusing on the US healthcare market.Investment will enhance product capabilities, focusing on data-driven, patient-centric care approaches.Little Journey will use the funds to fortify infrastructure and develop resources for global paediatric healthcare improvements.Little Journey, a leading healthtech innovator, has announced the acquisition of £6 million in Series A funding. This substantial financial boost is directed towards…