Author: Dave Antrobus

Evelyn Partners has expanded its footprint by acquiring Haines Watts’ offices in key northern cities. This acquisition is part of a strategic plan to enhance their professional services offerings.The offices in Manchester, Leeds, and Newcastle, which cater to entrepreneurial businesses, are included in this significant transaction. This move brings together a competent team and aligns with Evelyn Partners’ growth strategy.Evelyn Partners’ Strategic ExpansionIn a strategic move, Evelyn Partners acquired Haines Watts’ offices located in the North of England. These offices are in Manchester, Leeds, and Newcastle. This acquisition forms part of Evelyn Partners’ plans to strengthen their footprint in the…

Leeds Building Society is expanding its footprint in the West Midlands with a new branch in Solihull. This move, set to create five jobs, underscores the society’s community commitment.The branch will be operational by year-end, complementing digital advancements, and bolstering the society’s UK presence.Leeds Building Society is set to open a new branch in Solihull, marking its 51st site. This strategic expansion is anticipated to be operational by the end of the year. The new branch will create five jobs, including a branch manager, enriching the society’s presence in the region with its second West Midlands location.Notably, the Solihull branch…

Grant Stephens Family Law has announced a significant expansion with the opening of a new office in Swansea. This development is part of the firm’s broader strategy to enhance its presence in south west Wales.The waterfront office will be spearheaded by director Nia Thomas, supported by a team from Cardiff. This move signifies the company’s commitment to growth and client service excellence in the region.Expansion StrategyGrant Stephens Family Law has strategically chosen Swansea for the location of its new office, aiming to capitalise on client growth and increased demand. The firm has recognised Swansea’s significant potential for further expansion. As…

Talos360, an HR software leader, reported a notable increase in tech revenue and overall growth.The firm’s success is underpinned by strategic planning, innovation, and a commitment to workplace culture.Warrington-based Talos360, a specialist in HR software, has announced remarkable financial results for the year 2023. Despite the prevailing economic challenges, the company has achieved a noteworthy 10% increase in its overall sales, reaching £11.6 million, compared to £10.5 million in the previous year.Talos360’s technology sector has been the main driver of its financial success, with tech revenues soaring by an impressive 55%. This increase, from £3.3 million to £5.1 million, represents…

Dominic Chappell has been ordered to repay at least £50m following the BHS collapse in 2016.The High Court found Chappell attempted to “plunder” BHS after acquiring it for £1 from Sir Phillip Green.Chappell purchased BHS without sustainable financial backing, leading to detrimental financial strategies.He faces charges including wrongful trading and breach of fiduciary duty, accumulating £50m in damages.Previous BHS directors were also deemed liable for significant amounts, highlighting widespread mismanagement.The High Court has mandated Dominic Chappell to pay a minimum of £50 million due to losses associated with the collapse of BHS in 2016. This comes after a ruling that…

Shoplifting incidents in Scotland have soared, hitting the highest level in a decade.Approximately 40,000 shoplifting crimes were recorded in the past year, marking a 41% increase over ten years.2023-2024 alone saw a 35% rise in shoplifting incidents, highlighting an alarming trend.Retailers are spending more on crime prevention, yet thefts continue to escalate, affecting shop workers and customers.Authorities urged to prioritise retail crime in Scottish Government’s Strategic Police Priorities to enhance safety.Shoplifting activities in Scotland have reached unprecedented levels, with a reported figure approaching 40,000 cases in the last year alone. This represents a significant 41% rise over the past decade,…

Matalan reports a significant reduction in pre-tax losses despite a drop in sales.The retailer saw a 44% reduction in pre-tax loss, now standing at £60m.Improved EBITDA by 92% to £53m was driven by cost controls and operational improvements.Revenue dropped by 6% due to strategic decisions and challenging market conditions.Matalan has strengthened its foundations with a new leadership team amidst transformation efforts.Matalan, despite a 6% dip in revenue, has reported a noteworthy reduction in pre-tax losses by 44%, bringing it down to £60 million for the year ending 24 February 2024. This financial result marks a significant improvement from the previous…

Aspinal of London has announced the appointment of Laura Brown as its new CEO.Laura Brown brings extensive retail experience from her roles at Harrods, Value Retail, and Dubai Mall.Former CEO of Harrods and Dubai Mall, Laura Brown, steps into a pivotal role at Aspinal.Chairman Iain Burton expresses confidence in Brown’s capabilities to lead Aspinal.This appointment marks a new chapter in Aspinal’s growth both in the UK and internationally.Aspinal of London, known for its luxury accessories, has appointed Laura Brown as its new CEO. This strategic move is viewed as a significant step in Aspinal’s journey towards expanding its market presence.Brown,…

Shein, a leading fast fashion retailer, is making significant strides towards its London Stock Exchange IPO.Reports indicate the company filed for its IPO in early June, with a speculated £50 billion valuation.Shein initially contemplated a New York listing but shifted focus to London after discussions with UK officials.Concerns have arisen within the fashion industry about the impact of Shein’s potential market entry.Legal challenges accompany Shein’s IPO preparations, including intellectual property disputes initiated by competitors.Shein, a prominent player in the fast fashion industry, has reportedly taken a pivotal step towards an Initial Public Offering (IPO) on the London Stock Exchange. Sources…

Frasers Group and THG have established a strategic partnership, enhancing retail operations for both entities.The agreement involves Frasers acquiring THG’s luxury platform, Coggles, marking a significant move in the retail sector.Frasers Plus, a consumer credit and loyalty scheme, will integrate with THG’s Ingenuity platform, benefiting a wide range of customers.The collaboration includes leveraging THG’s courier management to enhance Frasers’ international logistics, notably in Australian operations.THG has shown continued revenue growth, driven by its beauty, nutrition, and Ingenuity sectors.Frasers Group has officially announced the acquisition of Coggles from THG, alongside a strategic agreement aimed at enhancing retail operations for both parties.…