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Topps Tiles revenue hits £119m

Tile retailer Topps Tiles has reported record first half revenue as ‘robust’ demand for home improvements continues. The Leicestershire-headquartered business – which wants to win £1 in every £5 spent on tiles by 2025 – recorded revenue of £119.2 million for the 26 weeks to April 2, 2022, which is the...

23 hours ago

L’Oréal invests in Japanese beauty start-up

L’Oréal has made a minority investment in Japanese beauty start-up Sparty through its venture capital fund, Bold. The move marks L’Oreal’s first venture capital investment in Japan. Based in Tokyo, Sparty offers personalised beauty through a direct-to-consumer business model with brands such as Medulla in haircare and Hotaru in skincare. Jean-Pierre Charriton, chief...

23 hours ago

Gymshark revenue up 54%

Gymshark Group has reported a 54% increase in revenue in the year to July 31 2021. The sportswear giant made net revenue of 401.9 million pounds, up from 260.7 million pounds a year earlier, according to filings at Companies House. The Solihull-based group’s profit before tax increased to 45.4 million pounds from...

1 day ago

Tortilla has aquired Chilango

Tortilla has acquired fellow Mexican food chain Chilango for £2.75 million from investment firm RDCP Group. Chilango operates eight sites across the UK which offer both eat-in and take away options. The company also has a delivery channel which is supported by it own delivery kitchens. Tortilla said the move will accelerate...

1 day ago

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