Archives by Tag 'Business Win'
JD Wetherspoon reports sales growth 3.6%
JD Wetherspoon says trading has remained “resilient” after reporting an increase in sales.Like-for-like sales in the three months to 15 January grew by 3.6%, but the chain said the increase was mainly because the bad weather of a year ago had held trade back. JD Wetherspoon opened 18 new pubs over the year and closed [...]
Burberry sales rise 21% on Chinese exports growth
Fashion retailer Burberry has announced a 21% rise in fourth quarter sales as Chinese export growth continues.In the last quarter of 2011, revenue at the firm – famed for its camel, red and black check pattern – rose to £574 million with sales in Chinese shops up 30%. The firm opened a new flagship store [...]
Homebuilder Bovis predicts increased profits
The Homebuilder Bovis is predicting an increase in profits for 2012.UK housebuilder Bovis says it expects a significant increase in profit for 2011, following strong earnings growth. The Kent based group expects to record profits of about £31 million for last year, up 68% on 2010. The firm also expects to report an 8% increase [...]
Bloomsbury sales improve with ebook success
Publisher Bloomsbury has reported strong fourth quarter trading, helped by cook books and a 38% jump in ebook sales.The firm said its bestsellers included River Cottage Veg Everyday by Hugh Fearnley-Whittingstall, and Heston at Home by Heston Blumenthal. Bloomsbury also said that its sales of Harry Potter box sets continued to be strong. It added [...]
Next sales grow as online business outperforms
Next has reported that its autumn and pre-Christmas sales grew after buoyant online business trading.Total sales at the clothes retailer between 1 August and 24 December rose 3.1% compared with a year earlier, ignoring the effect of rising VAT. However it’s Next Directory sales grew by 16.9%. But its High Street business, which sees some [...]
Apps downloads hit record high at the end of December
For the first time more than a billion apps have been downloaded in a single week according to new research.Analytics firm Flurry said 1.2 billion apps were downloaded in the last week of December. Activity was buoyed by the facts that many users received new devices for Christmas and firms offered discounted apps over the [...]
Luxury carmaker Bentley sees sales rise 37% in 2011
Luxury carmaker Bentley has reported a 37% rise in sales in 2011, claiming global demand has returned to pre-recession levels.The Crewe-based firm sold 7,003 cars, whose prices start at £133,000, in the year to December 31. The US continues to be Bentley’s number one market with 2,021 cars sold in 2011, an increase of 32%. [...]
Gin is the new tonic for business growth
A new generation of boutique gin distilleries – some in residential homes – is driving a British gin revival. London is in the midst of a craft distilling revival. New microdistilleries can be found in residential houses – such as Sacred Spirits, based in London’s sedate Highgate. And they’re tucked away in terraces – such [...]
Big Society projects get £3.1 million boost
Four Big Society projects are to get £3.1 milion in funding from dormant bank accounts, the government has announced.The cash will be used to help the long term unemployed set up business, vulnerable youngsters find jobs, a community energy project and fund the first social business stock exchange. In total, about £400 million in unused [...]
UK borrowing costs at record low
The UK government’s cost of borrowing in markets briefly fell to a record low last week.The 10 year gilt yield fell below 2% in thin post Christmas trading. The 10 year gilt yield – which indicates the interest rate the Treasury would probably have to pay if it wanted to borrow more money for that [...]