Author: Scott Dylan

Gymshark is gearing up to expand its presence with new stores in Europe and the UK over the next year.Three permanent stores and a pop-up outlet are set to enhance Gymshark’s retail landscape.The new locations include Manchester, London, and Amsterdam; Amsterdam marks Gymshark’s first venture into mainland Europe.Scheduled openings in 2025 aim to strengthen Gymshark’s in-store experience for its community.An omnichannel strategy is integral to Gymshark’s growth, with plans for seven stores by summer 2025.Gymshark plans to enhance its retail footprint by opening three new permanent stores and a retail outlet pop-up within the next twelve months. This move marks…

The London-headquartered restaurant chain has demonstrated remarkable growth, posting a turnover of £116.8m for 2023. This financial milestone marks a notable increase from the previous year’s figures, reflecting the company’s successful recovery post-pandemic.Dishoom’s strategic focus on enhancing customer experience and team development has played a pivotal role in its impressive financial performance. With almost 300 new jobs created, the company has not only expanded its workforce but also significantly boosted its pre-tax profits.Record-Breaking Financial YearDishoom has enjoyed a record-breaking financial year, reporting a turnover of £116.8m for 2023. This is a significant increase from the previous financial year’s turnover of…

Asda is strengthening its commitment to sustainability by expanding its partnership with Too Good To Go.The partnership will cover nearly 1,000 sites, including Asda supermarkets and Express stores.Customers can purchase Surprise Bags via the Too Good To Go app for only £3.30, offering at least £9 worth of food.This initiative is a continuation from a successful trial period demonstrating significant reduction in food waste.The programme forms part of Asda’s broader efforts to collaborate with various food redistribution partners.Asda is expanding its collaboration with Too Good To Go, the world’s largest surplus food marketplace, across almost 1,000 locations, including Asda supermarkets,…

Business confidence in the South West has shown a notable increase in September, according to recent data. This rise comes despite broader concerns about the national economic outlook.The latest Business Barometer from Lloyds Bank Commercial Banking revealed a surge in optimism among the region’s businesses, with a significant number expecting to hire staff in the coming year.Rising Confidence in the South WestBusiness confidence in the South West saw a notable rise in September. Data from Lloyds Bank Commercial Banking’s Business Barometer revealed that overall optimism among the region’s companies increased to 42%. This suggests that despite broader economic concerns, regional…

The only scheduled debate between the vice presidential nominees on Tuesday night – five weeks before Election Day – may also serve as the final word for the campaigns of Vice President Kamala Harris and former President Donald Trump before a large audience on national television.It’s an unusual twist of fate for Minnesota Governor Tim Walz and Ohio Senator JD Vance, whose selections over the summer thrust them into an intense political spotlight.Vance has less debate experienceBetween Vance and Walz, the senator from Ohio has less debate experience but has had more time in the national spotlight. Coming on to…

Luxury carmaker Aston Martin faces significant challenges as disruptions in the supply chain and weakening demand from China impact its 2024 earnings outlook.The British company has announced a reduction in its vehicle production target by around 1,000 units, raising concerns over its financial performance.Aston Martin has been severely affected by disruptions at several of its component suppliers. These disruptions have led to delays in the arrival of essential car parts, significantly impacting the efficiency of the company’s production lines.Aston Martin delivered just 1,998 cars in the first half of 2024, which is nearly one-third fewer than the same period last…

Tyneside tech firm Petards has posted steady half-year revenues but warned that full year results may fall short of forecasts.The Team Valley business is involved in developing, supplying, and maintaining advanced security and surveillance technologies for various sectors, including rail, traffic, defence, and communications.In the interim results for the six months ended June 30, the firm posted revenues of £4.415 million, slightly up on the £4.403 million posted in the same period last year. Operating losses widened from £489,000 to £878,000, primarily due to the £2.85 million acquisition of Affini Technology in June.Adjusted EBITDA stood at £33,000. Company leaders mentioned…

Alliance Pharma has shown a substantial improvement in its financial performance after experiencing a rocky few months. The company, based in Chippenham, Wiltshire, posted significant growth in both revenue and profits.Alliance Pharma, a healthcare firm based in Chippenham, Wiltshire, has reported a significant rise in its profits just two months after making its chief operating officer redundant. For the six months ending June 30, 2024, the company’s underlying revenue increased to £84 million, up from £81.4 million during the same period in 2023.The firm’s performance was primarily driven by strong demand for its scar treatment brand, Kelo-Cote. This boost in…

Marks & Spencer is evaluating a significant investment in a new warehouse in the Midlands to support online sales growth.The proposed warehouse, potentially located in Northamptonshire, is expected to cover one million square feet.Currently, M&S has 9.4 million online customers but most sales are still made in-store.Modernisation efforts at M&S include supply chain streamlining and increased automation.Officials stress that the warehouse consideration reflects ongoing strategic assessments.Marks & Spencer is exploring the possibility of establishing a substantial new warehouse facility in the Midlands region. This move is driven by the retailer’s ambition to bolster its online fashion and homeware sales. Property…

AllSaints has inaugurated its first standalone store in Egypt, marking a significant milestone in its global expansion.Located at Cairo’s Mall of Arabia, this new 2,368 sq ft store is the first in Africa, featuring an extensive range of AllSaints clothing and accessories.The design concept, debuting in Egypt, maintains the brand’s industrial identity with a lighter overall aesthetic.This opening is a part of AllSaints’ broader strategy, following recent stores in locations including Shanghai, LA, and Spain.AllSaints’ CEO, Peter Wood, highlighted the strong demand and anticipated success of the new store in Egypt.AllSaints has successfully launched its first standalone retail outlet in…