BUSINESS LIVE: Boohoo enjoys bumper revenue growth

BUSINESS LIVE: Boohoo enjoys bumper revenue growth; ITV sees cash from adverts bounce back; Ikea launches buy-back scheme for old furniture By Jane Denton For Thisismoney Published: 08:12 BST, 5 May 2021 | Updated: 08:13 BST, 5 May 2021 The FTSE 100 got off to a decent start this morning, rising over 0.62 per cent … Read more

Pub group Fuller’s taps investors for £53 million after Covid triggered 80% plunge in yearly revenue

Pub group Fuller’s taps investors for £53 million through new shares after Covid triggered 80% plunge in yearly revenue – as boss vows to reopen 82 venues on April 12 Brewer Fuller’s chain of pubs and hotels have seen revenues fall 80% on last year Company is losing up to £5million each month restrictions are … Read more

Investing platform AJ Bell says it will top revenue expectations by at least £6m

Investing platform AJ Bell says it will top revenue expectations by at least £6m as customer numbers continue rising AJ Bell said its customer acquisition numbers had continued to grow strongly  Baroness Helena Morrissey is due to become AJ Bell’s new chairman in 2022 Last year, the firm’s revenues rose by 21% while its pre-tax profits … Read more

Cheltenham set to lose out £100m in revenue with Festival taking place behind-closed-doors

Cheltenham set to lose £100m in revenue with festival taking place behind-closed-doors… while prize-money has also been cut by 25 per cent as region counts the cost of the Covid-19 pandemic Cheltenham Festival will take place behind-closed-doors due to the pandemic  The region is set to lose out on £100million in revenue because of the … Read more

Cheltenham set to lose out £100m in revenue with Festival taking place behind-closed-doors

Cheltenham set to lose £100m in revenue with festival taking place behind-closed-doors… while prize-money has also been cut by 25 per cent as region counts the cost of the Covid-19 pandemic Cheltenham Festival will take place behind-closed-doors due to the pandemic  The region is set to lose out on £100million in revenue because of the … Read more

Victoria Beckham’s beauty range boasts revenue of nearly £2m in its first 3 months

Victoria Beckham Beauty – the cosmetics arm of the fashion designer’s brand – has launched with ‘incredible’ success, in the face of the COVID-19 pandemic. Victoria, 46, started trading Victoria Beckham Beauty in October 2019, releasing a new product every month, featuring the likes of lipstick, mascara and serum. And within the last quarter of that … Read more

Audioboom enjoys bumper revenue growth during lockdown

Audioboom enjoys bumper revenue growth as the number of locked-down podcaster listeners swells Revenue rose to £19.7m in the past year, which is up around a fifth from 2019 Advertiser numbers up and group managed to narrow its losses  By Jane Denton For Thisismoney Published: 17:01 GMT, 20 January 2021 | Updated: 17:01 GMT, 20 … Read more

Good times: Watches of Switzerland raises revenue guidance

Good times: Watches of Switzerland vows to pay back furlough money after online sales spike boosts its fortunes The firm is Britain’s biggest retailer of Rolex, TAG Heuer and Breitling watches Domestic e-commerce purchases doubled in the seven weeks to December 13   Tesco, Lidl, Asda, and Morrisons have also vowed to repay public Covid relief  … Read more

Royal Mail reveals online boom could deliver £600m in extra revenue

Royal Mail shares hit highest level in almost two years as it reveals online boom could deliver £580m in extra revenue The firm is making more money from parcels than letters for the first time The boom in demand is expected to result in its busiest ever Christmas Bosses predict it could add between £380m … Read more