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John Lewis Partnership profits leap but no bonus for third consecutive year

  • John Lewis Partnership reported a profit before tax of £126 million for the year to 25 January 2025, significantly up from £42 million a year earlier.
  • The group has canceled its annual bonus for staff for the third consecutive year, despite tripling profits.
  • John Lewis Partnership plans to invest up to £600 million on its stores and supply chain in the next year.
  • The group anticipates further profit increases in the 2025-26 financial year, while acknowledging challenges in the economic backdrop for customers and its business.
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TradeWinds | Latest shipping and maritime news broke the news in on Wednesday, March 12, 2025.
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