Today's news in brief-29/4/25

Today's news in brief-29/4/25

Primark reported a 1% rise in sales to £4.47bn in the first half of the year, with adjusted operating profit up 8% to £540m. However, UK and Ireland sales fell by 4% due to cautious consumer spending and mild autumn weather affecting seasonal purchases. The retailer’s market share in the UK dipped slightly from 6.9% to 6.7%. Despite this, its Click and Collect service is gaining traction, with plans to expand it to all 187 UK stores by mid-2025.…

Today’s news in brief - 29/04/25

The Ivy Collection has seen its turnover rise by 3.5% to £314.7m in the year to December 2023 despite having not opened any new venues during the period. The Richard Caring-backed group also saw its profits before tax jump by 30% to £37.7m during the period, with its adjusted EBITDA rising 4.9% to £57.5m. According to the group’s filing at Companies House, its proposition “proved compelling value” for customers, which “contributed to another imp…