The Co-op fights attempted hack as M&S cyber attack rages on April 30, 2025 The Co-op has been forced to shut off parts of its IT systems after it was confronted with an attempted hack. The Manchester-headquartered group has confirmed some of its back office and call centre services have been impacted. However, it added that all its stores, including grocery and funeral homes are trading as usual. A [...]
Zoopla: Rightmove rival handed £500m price tag April 30, 2025 Online property portal Zoopla has been put up for sale with an asking price of around £500m, it is understood. The company, which was launched in 2008, has put on the market by Silver Lake Partners which has owned the group it forms a part of following a £1.6bn deal in 2018. That group also includes [...]
Truly: Losses continue at brand backed by Dragons’ Den star Peter Jones April 30, 2025 Losses have widened at Truly, the lifestyle brand launched by Dragons’ Den star Peter Jones which used to be backed by Holly Willoughby. The online business has been trading since the end of 2018 – led by Jones and wife Tara Capp – after TV presenter Willoughby stepped away a few months before. At the [...]
Gymshark puts 300 jobs at risk despite record sales April 30, 2025 Gymshark has put almost 300 jobs at risk despite reporting record sales for its latest financial year this week. The Solihull-headquartered company, which was co-founded by self-made billionaire Ben Francis, has entered into a consultation with 296 employees, almost a third of the total workforce. The news, first reported by Drapers, came on the same [...]
M&S: FTSE 100 shares start recovery after near-£700m cyber attack hit April 29, 2025 Shares in Marks and Spencer (M&S) have risen for the first time since a cyber attack wiped almost £700m off the FTSE 100 retailer’s valuation. M&S has seen its share price tumble from 411p to 383p in the last week after first revealing the cyber attack last Tuesday. The cyber attack initially impacted contactless payments [...]
Cotswold Outdoor racks up a decade of losses April 29, 2025 The firm behind Cotswold Outdoor has failed to make a pre-tax profit for a decade but the retailer did significantly cut its losses in 2024, it has been confirmed. The Wiltshire-headquartered retailer has posted a pre-tax loss of £380,000 for its latest financial year, down from the £7.3m it reported for 2023. The last time [...]
Gymshark: Record sales as brand continues global expansion April 29, 2025 Gymshark, the activewear brand co-founded by self-made billionaire Ben Francis, has seen its revenue pass £600m for the first time. The Solihull-headquartered business has posted sales of £607.3m for the year to 31 July, 2024, new accounts filed with Companies House have revealed. The latest total comes after Gymshark reported a revenue of £556.2m in [...]
The UK isn’t celebrating risk takers and wealth creators – Castore boss April 29, 2025 The UK is at risk of “taking too many steps down a road of not wanting to celebrate risk takers and wealth creators”, according to the co-CEO of sports apparel brand, Castore. Tom Beahon, who shares the top job with his brother Phil, added “there’s not a lot of incentive for anyone to take risks [...]
Krissy Cela’s Oner Active rakes in millions as sales double April 28, 2025 Oner Active, the fitness wear brand co-founded by influencer Krissy Cela, almost doubled its sales as profit surged in 2024. The London-headquartered business, which was set up alongside Thomas Mark and Austrian investors David and Lukas Kurzmann, has reported a gross revenue of £80.8m for the year, up from the £46m it achieved in 2023. [...]
Vue: Cinema chain loses over £90m despite Deadpool & Wolverine boost April 28, 2025 Cinema chain Vue lost more than £90m last year as the success of Inside Out 2 and Deadpool & Wolverine failed to boost its bottom line. The business has posted a pre-tax loss of £91.8m for the 12 months to 30 November, 2024, having also lost £73.7m in the prior year. The latest total comes [...]
