Topic filter : Turnover

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....When Shiloh Jolie-Pitt was born, Barneys sold out of the T-shirt she was pictured wearing on the cover of People magazine, and the children of the Duchess of Cambridge cause a rush of Sloane-y mothers at Trotters and Rachel Riley when they appear in public wearing their traditional fashions. British online retailer alexandalexa was acquired by Sweden’s Babyshop in 2015, creating the Luxury Kids Group, which is expected to turnover €40m this year. ... [Read full article on Guardian ]
Sunday 19th of March 2017 12:05:01 AM
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Latest Finance News related to Turnover

Gucci, Versace, D&G ... now top brands target fashion for kids image
Source : Guardian [Read Article] Sunday 19th of March 2017 12:05:01 AM
....When Shiloh Jolie-Pitt was born, Barneys sold out of the T-shirt she was pictured wearing on the cover of People magazine, and the children of the Duchess of Cambridge cause a rush of Sloane-y mothers at Trotters and Rachel Riley when they appear in public wearing their traditional fashions. British online retailer alexandalexa was acquired by Sweden’s Babyshop in 2015, creating the Luxury Kids Group, which is expected to turnover €40m this year. ...
Zara founder to receive £1.1bn payout after record sales image
Source : Guardian [Read Article] Wednesday 15th of March 2017 10:47:42 AM
.... Shop assistants report back customer reactions, from complaints about lack of stock to style details – such as whether a top would look better with a boat neck – to their managers, who then provide feedback to designers. Their extraordinarily high turnover of stock (which is kept to a minimum, helpful for maximising profit) means that customers know they need to buy immediately or items will sell out – the ranges change week to week. ...
Secrets to business survival: 'always look at new ways to innovate' image
Source : Guardian [Read Article] Wednesday 15th of March 2017 07:00:23 AM
.... “Craftsmanship may seem irrelevant in a high-tech, mass-production world, but for Linn it is the bedrock of all the company’s products,” says Gilad Tiefenbrun, the current managing director and founder’s son. The business, which has a turnover of £18m, exports across Europe, to the US and Japan. ...
Brexit leads cosmetics firm Lush to look for expansion outside UK image
Source : Guardian [Read Article] Monday 13th of March 2017 08:00:30 PM
.... Its annual results continued to show growth in both sales and profits. Brand turnover rose 26% to 723. ...
Budget help for pubs only a 'stay of execution', says MP image
Source : Guardian [Read Article] Monday 13th of March 2017 06:34:39 PM
....8% of the total rates bill, yet contribute only 0. 5% of rate-paying businesses turnover. ...
UK average annual rents fall for first time in six years image
Source : Guardian [Read Article] Monday 13th of March 2017 06:00:24 AM
.... LSL added that a low volume of transactions in the area makes price reports highly volatile. Nationally, turnover in the property market has been falling, with the number of transactions down 9% on the year. ...
Brexit and Bochum haunt Vauxhall in the new battle for Ellesmere Port image
Source : Guardian [Read Article] Saturday 11th of March 2017 04:00:38 PM
.... Consequently, the sector is a key player in the British economy. Figures from the Society of Motor Manufacturers and Traders show the UK car industry clocks up annual turnover of £71bn, employs 169,000 people directly and supports a further 814,000 indirectly. ...
Chocolate price hike if Brexit deal fails, warns Mars image
Source : BBC [Read Article] Friday 10th of March 2017 12:52:27 PM
....Companies in the automotive and the financial sector have been the focus since the vote, according to Ms Dawson. But with food and drink the largest manufacturing sector in the UK, accounting for 16% of turnover, she said she wanted a new focus, and called for EU leaders to look at the bigger picture when negotiating. ...
Work zombies image
Source : BBC [Read Article] Friday 10th of March 2017 12:28:39 AM
....She says that companies that don't try to encourage staff to express themselves at work, and instead try to force them to fit into some kind of corporate clone - doing what they're told to do without questioning - will lose out. Staff literally won't want to stay, and as a result turnover will be high, says Ms Steele. ...
Sick DPD couriers face £150 charge if unable to find cover image
Source : Guardian [Read Article] Friday 3rd of March 2017 07:39:12 PM
....Drivers said the charges seemed to be applied inconsistently, at managers’ discretion, and that they represented a constant threat. A spokesman for DPD, which is part of the international parcel group GeoPost, which has a turnover of £5bn, defended its right to recover costs if couriers missed rounds. ...
Recipe for success image
Source : BBC [Read Article] Thursday 2nd of March 2017 12:11:31 AM
....In France, L'Atelier des Sens is one of the largest providers of cookery classes for corporate clients. Such events now make up 60% of its annual turnover of 2. ...
Innovation, Ikea style image
Source : BBC [Read Article] Monday 27th of February 2017 12:20:58 AM
....Framed on the wall in the factory's reception is a typewritten letter - the company's very first furniture-making order from Ikea in 1952. Ikea was not, back then, the global behemoth of today, with stores in dozens of countries and turnover in the tens of billions. ...
'I never felt it was mine' image
Source : BBC [Read Article] Monday 27th of February 2017 12:17:45 AM
....Ebac has grown over the years, and today also makes water coolers and air-conditioning systems. Its annual turnover is more than £15m, with profits exceeding £3m. ...
Welfare funds must serve 'really disabled' people, says MP image
Source : Guardian [Read Article] Sunday 26th of February 2017 06:35:35 PM
.... Some were even considering selling or closing their business. Mike Cherry, the FSB’s national chairman,, said the business rates system was an unfair, regressive tax which “hit small firms before they’ve had the chance to make their first £1 in turnover, let alone profit”. ...
Hi-tech financial firms flee UK amid doubts over Brexit image
Source : Guardian [Read Article] Saturday 25th of February 2017 08:54:32 PM
....Black said he looked at settling in Ireland, the Netherlands, Belgium and the Czech Republic before opting for Luxembourg, where he has already recruited a managing director. Startup costs alone, including the application for regulatory approval on the continent, would cost €1m of his €31m turnover, he estimated. ...
'The pips are squeaking!' image
Source : BBC [Read Article] Friday 24th of February 2017 09:44:16 PM
...."Retailers should not complain," he reckons. "In theory, higher rents should mean higher turnover from their more desirable location. ...
Work-around image
Source : BBC [Read Article] Wednesday 22nd of February 2017 12:56:12 AM
....So popular was the gadget that more than 100 Paralympians used it during the 2016 Games and about half of stock is sold overseas. This year's turnover is expected to be £250,000. ...
Ministers expected to soften impact of business rate changes image
Source : Guardian [Read Article] Tuesday 21st of February 2017 09:03:22 PM
....“Business rates are not fair because you have to pay them whether you are making money or not, and they don’t represent your [profit], just what building you are in,” she said. “You could be running a multimillion pound business from relatively small building but pay the same as a shop of the same size employing three people with hugely smaller turnover. ...
UK business rates battle hots up as firms challenge government image
Source : Guardian [Read Article] Friday 17th of February 2017 11:52:58 AM
.... Others are “paying more because their rent has gone up, because they tend to be either in sectors that are flourishing or parts of the country that are flourishing”, such as St Ives. Gauke also brushed off suggestions that turnover should determine business rates rather than the rental value of the property. ...
Diamond rings sparkle for the internet dating generation image
Source : Guardian [Read Article] Monday 13th of February 2017 01:39:04 PM
.... Kormind funded his side of the buy-out with a few hundred thousand earned during his time working in banking as well as from remortgaging his flat. After a year of improving the website and building better relationships with diamond suppliers, turnover grew from about £400,000 to £2. ...
No place like home: America’s eviction epidemic image
Source : Guardian [Read Article] Sunday 12th of February 2017 10:00:03 AM
....Since the publication of Evicted, I have had countless conversations with concerned families across America. Teachers in under-served communities have told me about high classroom turnover rates, which hinder students’ ability to reach their full potential. ...
Fifty Shades Darker sets Britain’s burgeoning sex toy industry abuzz image
Source : Guardian [Read Article] Saturday 11th of February 2017 04:00:19 PM
.... The effect is completed by a blow-up Donald Trump doll complete with Make America Great Again cap. Slateford sees clear blue water between itself and rivals such as Ann Summers, which has a bigger turnover – sales exceeded £100m in 2015 according to the most recent accounts filed at Companies House – but is less profitable. ...
Hundreds of Waitrose jobs may go as retailer plans six store closures image
Source : Guardian [Read Article] Wednesday 8th of February 2017 08:17:54 PM
....The company is also removing the role of department manager in its 350 stores, affecting 180 jobs. Waitrose said most of the 486 department managers would become deputy store managers and the reduction in staff would happen gradually over three years through retirement, “natural turnover” and voluntary redundancies. ...
New homes warranty firm pays millions to leading homebuilders image
Source : Guardian [Read Article] Sunday 5th of February 2017 05:26:47 PM
.... As this refund recognises long-term good claims history, the rules state that builders do not need to be current NHBC customers to receive it. “The sum paid in refunds is a very small proportion of NHBC’s annual turnover. ...
War of convenience as supermarket chains take on small stores image
Source : Guardian [Read Article] Saturday 4th of February 2017 04:00:33 PM
....” He adds that limited spare capacity among own-label suppliers in some areas, such as ready meals, make it difficult for Tesco to make a big switch to pastures new. Another positive is that a Tesco-Booker deal is likely to increase the prospect of the Groceries Supply Code of Practice being extended; it is currently limited to retailers with turnover above £1bn. ...
Weetabix warns it may raise prices due to fall in pound since Brexit vote image
....The company announced a £30m capital investment programme up to 2018 across its UK manufacturing sites in Burton Latimer and Corby. Food and drink is by far the UK’s largest manufacturing sector, accounting for 16% of total manufacturing by turnover (£83. ...
Yorkshire building society to close 48 branches and ditch current accounts image
Source : Guardian [Read Article] Wednesday 25th of January 2017 04:06:52 PM
....The society added that about 440 staff could be at risk of redundancy over the next 18 months as a result of the shake-up. It said that where possible it would look to minimise proposed redundancies through natural turnover and by redeploying people into different roles. ...
Jeanette Winterson to close London shop due to business rates surge image
Source : Guardian [Read Article] Monday 23rd of January 2017 07:01:42 PM
....Winterson said the character of London’s streets was at risk of changing for ever. “It doesn’t matter if you’re in Marylebone or Spitalfields or round the back of Belgravia, your little newsagents, your dry cleaners, your corner shops and independent bookshops in particular will be hard hit because their turnover isn’t high,” she said. ...
Driving the green market: Low-emissions vehicle manufacturer finds itself in high demand image
. Grayson Thermal Systems saw its turnover rise to £28million last year, helped by international orders for its new generation of fan and battery temperature-control technologies, which it has developed for the electric and hybrid markets. ...
The women-led startups smashing the glass ceiling image
Source : Guardian [Read Article] Wednesday 11th of January 2017 08:22:41 AM
....She fulfilled that aim: in 2012 Shine was named the Sunday Times best small company to work for and Bell was also recognised as the UK’s best boss of a small company. It has been a formula for success – annual turnover stands at more than £10m. ...
Former Saatchi boss returns after sexism row with new chair role image
Source : Guardian [Read Article] Tuesday 10th of January 2017 03:41:04 PM
....The company was founded 30 years ago in Scotland by the journalist Gordon Beattie, who continues as president. Beattie is predicting turnover of £50m by 2020. ...
UK superyacht industry sales rise to highest since 2008 image
Source : BBC [Read Article] Monday 9th of January 2017 12:07:05 AM
....Sunseeker and Princess are the UK's biggest superyacht companies. Globally, the industry is the fourth largest in terms of turnover. ...
Tube strike: services to be severely reduced as second union walks out image
Source : Guardian [Read Article] Sunday 8th of January 2017 12:39:58 PM
....The RMT said more than 800 jobs had been axed under the Fit For The Future programme, adding that LU was offering to reinstate only 150. Most of the 500 new jobs claimed by the company were to fill vacancies and staff turnover, according to the union. ...
Jamie Oliver to close six restaurants in 'tough market' after Brexit vote image
....“Because we refuse to compromise on the quality and provenance of our ingredients and our commitment to training and developing our staff, we need restaurants that can serve an average of 3,000 covers every week to be sustainable,” he added. Blagden said the six restaurants accounted for less than 5% of the restaurant chain’s total turnover and overall the chain continues to perform well home and abroad. ...
High Street Christmas sales figures fail to sparkle image
Source : BBC [Read Article] Friday 6th of January 2017 02:13:43 AM
.... BDO reported higher year-on-year in-store sales for October and November. For its High Street Sales Tracker, BDO takes weekly sales figures from 70 participating High Street retailers with about 10,000 stores in total, and compares the percentage change in turnover with the previous year. ...
Japanese company to buy UK's second biggest tyre supplier for £215m image
Source : Guardian [Read Article] Thursday 5th of January 2017 02:36:45 PM
....7 times Graphite’s initial investment in 2006, with Sumitomo expected to continue the firm’s expansion, subject to the transaction winning regulatory approval from the European Union. MTS has grown under Graphite’s ownership, increasing turnover from £150m to more than £320m and expanding its workforce from 600 people to 1,600. ...
UK economy ends 2016 on high – but rising import prices starting to bite image
Source : Guardian [Read Article] Thursday 5th of January 2017 12:01:34 AM
.... Echoing official figures that showed GDP growth was among the highest in the developed world, the BCC found that the economy remained robust in the last few months of the year in part due to the boost from the lower pound, which made British exports cheaper. It said most firms in the manufacturing and services sectors were confident their turnover would improve, that job opportunities would grow and investment in plant and machinery would improve in the next year. ...
The train companies pocket millions in compensation for delays image
Source : Guardian [Read Article] Saturday 31st of December 2016 07:01:21 AM
.... Less than 0. 5% of GTR’s turnover is paid out in compensation; across the industry only one third of eligible passengers obtain a payout. ...
UK shoppers head out in their millions to brave Boxing Day sales image
Source : Guardian [Read Article] Monday 26th of December 2016 12:20:08 PM
....While many people were still sleeping off the extra calories – and alcohol – consumed on Christmas Day, millions of the nation’s hardcore shoppers had set their alarms, ready to be up and out to bag the biggest bargains on Boxing Day. Jace Tyrrell, chief executive of the New West End Company, representing stores on Bond, Oxford and Regent streets, said average footfall was up 8% year-on-year at 11am, with turnover for the day expected to reach £55m. ...
UK car exports soar to record high image
Source : Guardian [Read Article] Thursday 22nd of December 2016 12:01:31 AM
....The automotive industry is increasingly seen as a vital part of the UK economy that accounts for more than £71. 6bn turnover. ...
Funfairs left with fewer new rides by trade body rules, CMA says image
Source : Guardian [Read Article] Wednesday 21st of December 2016 01:50:35 PM
....The 1998 Competition Act prohibits “agreements, practices and conduct that may have a damaging effect on competition” in the UK and covers “anti-competitive agreements, decisions by associations and concerted practices between businesses which have as their object or effect the prevention, restriction or distortion of competition within the UK and which may affect trade within the UK”. Any business found to have infringed that section of the legislation can be fined up to 10% of its annual worldwide group turnover, the CMA said. ...
Tax avoidance, expenses scams – welcome to the recruitment industry | Adrian Gregory image
.... As someone who has owned a recruitment agency in London for 30 years, I would endorse her view. The recruitment industry is growing at an annual rate of 9%: an astonishing speed for a mature industry that now exceeds £35bn in annual turnover – larger than the food and drink industries – and within which 1. ...
Facebook accused over WhatsApp takeover image
Source : BBC [Read Article] Tuesday 20th of December 2016 11:45:31 AM
....The Commission believes the ability to link the accounts of the two services' users must have existed in 2014, though this is vigorously disputed by Facebook. If the Commission concludes that it was definitely misled, either by accident or design, it could fine Facebook up to 1% of its turnover, which would amount to hundreds of millions of euros. ...
Airbnb UK tax history questioned as income passes through Ireland image
Source : Guardian [Read Article] Monday 19th of December 2016 07:01:13 AM
....Airbnb has two UK firms to handle payments from around the world and conduct marketing in the UK. While hundreds of millions of pounds in rental payments pass through the companies, earning commission from both the guest and the host, Airbnb’s UK arms recorded £145m as turnover in the UK, of which just £1. ...
Fortnum & Mason aims to cut basic pay for more staff in bid to reduce tax bill image
....WMT Troncmaster says on its website that one of the main advantages of a tronc system is that it could save a company and its staff a combined 26% in “unnecessary taxes”. It suggests a business with a turnover of £250,000 a year could save £4,000 a year. ...
Go-Ahead warns of Southern Rail strike impact image
Source : BBC [Read Article] Thursday 15th of December 2016 09:22:57 AM
....It owns 65% of the Southern franchise through Govia Thameslink Railway (GTR) and expects its entire rail division to fall "slightly below" estimates. For the first six months of the year, turnover on GTR services is forecast to slide by 4%. ...
James Packer retreats from China with sell-off of Crown's overseas casinos image
Source : Guardian [Read Article] Thursday 15th of December 2016 05:58:11 AM
....But with the controversial waterfront scheme built on attracting ultra-wealthy gamblers from China, questions remain as to whether it can avoid the same problems as the Macau business, which has been hit by Beijing’s crackdown on high rollers. A first-half trading update released by Crown on Thursday showed a 45% drop in turnover from high-roller gambling at its Australian casinos over the 23-week period, compared with a year earlier. ...
'I took drugs every day' image
Source : BBC [Read Article] Monday 12th of December 2016 12:03:03 AM
....While Ryan says the first three years were tough, with him taking a salary of just £6,000 in year one, over time the clients and contracts got bigger. Cumbernauld-based Regis Banqueting now has 65 staff - 20 full-time and 40 part-time, many of whom are seasonal - and annual turnover is £1. ...
Sumitomo to buy banana company Fyffes image
Source : BBC [Read Article] Friday 9th of December 2016 08:54:58 AM
.... . The firm, which has its headquarters in Dublin, employs more than 17,000 people worldwide and has an annual turnover of €1. ...
Finance sector 'paid £71.4bn in tax' image
Source : BBC [Read Article] Tuesday 6th of December 2016 11:36:15 AM
....The report highlights the potential hit to public finances if Brexit restricts access to the EU's single market. Nearly a quarter of turnover "went straight to the public coffers". ...
Shenzhen-Hong Kong trading scheme kicks off image
Source : BBC [Read Article] Monday 5th of December 2016 12:59:36 AM
....As a result, foreigners will be able to trade shares in almost 900 firms. Shenzhen is Asia's busiest exchange with monthly turnover of more than $1 trillion, according to the World Federation of Exchanges data. ...
Rolls-Royce to cut 800 jobs from its marine business image
Source : Guardian [Read Article] Thursday 1st of December 2016 11:05:49 PM
....British engineering company Rolls-Royce said it would cut a further 800 jobs in its marine business to save an extra £50m a year, responding to weak demand from shipping and energy customers. The marine business, which depends on oil and gas-related customers for about 60% of its turnover and employs 4,800 people with its main operations in Norway, has seen weak demand for new equipment and lower maintenance revenues as customers use their vessels less. ...
Cars could cost £1,500 more after single market exit image
Source : Guardian [Read Article] Tuesday 29th of November 2016 09:00:00 PM
....The dinner coincided with a new report by the SMMT and KPMG which said progress in digital manufacturing could add £6. 9bn to the UK car industry’s annual turnover. ...
Food for thought image
Source : BBC [Read Article] Monday 28th of November 2016 12:04:26 AM
....Despite having not had any outside investment, Jungle Creation's revenues are now expanding strongly. Jamie says that its annual turnover in past financial year was £2. ...
Flat rate VAT changes for small businesses explained image
Source : BBC [Read Article] Thursday 24th of November 2016 12:07:05 AM
....When working out the amount spent on goods, it cannot include purchases of:. A firm will also be a limited cost trader if it spends less than £1,000 a year, even if this is more than than 2% of the firm's turnover on goods. ...
Gap and Abercrombie & Fitch slump on unhappy holidays image
Source : BBC [Read Article] Friday 18th of November 2016 04:45:53 PM
.... . The management at Gap, under chief executive Art Peck, has been struggling to stop a continuing slide in turnover. ...
Majestic Wine toasts sales growth image
Source : BBC [Read Article] Thursday 17th of November 2016 09:50:05 AM
....Today's interim results show that Mr Gormley has made a start, with underlying sales up nearly 11%. Profits, however, are well down, to just £100,000 on a turnover of £206m, on sales up from £182m to £206m. ...
Barcelona signs sponsorship deal with Rakuten image
Source : BBC [Read Article] Wednesday 16th of November 2016 06:52:02 PM
....The deal with Rakuten may be extended for a fifth year. Rakuten is Japan's biggest e-commerce firm and employs more than 13,000 staff in Japan, with a turnover of nearly £15bn in the first nine months of this year. ...
Small businesses should not have had to shout about RBS to be heard image
Source : Guardian [Read Article] Tuesday 8th of November 2016 07:11:49 PM
....Shutting 53 wholly owned foreign stores sounds dramatic, of course. But the combined losses in the 10 affected countries were £45m on turnover of £171m last year. ...
Channel 5 reports first back-to-back year of profit image
Source : Guardian [Read Article] Monday 7th of November 2016 03:42:12 PM
....5m in the year to September 2015. The company also reported a healthy 19% rise in turnover to £383m, in the year to the end of September. ...
New hourly living wage rate rises by up to 4% image
Source : Guardian [Read Article] Monday 31st of October 2016 12:14:30 PM
....“Paying the London living wage is not just the right and moral thing to do, it makes good business sense too. As many employers already accredited know, the benefits are clear – including increased productivity and reduced staff turnover,” he said. ...
God, alcohol, hash  image
Source : BBC [Read Article] Wednesday 26th of October 2016 11:16:07 PM
....Ranging from $85 (£65) to $95 (£73) per item, customers can purchase their CBD oil, salve, or tincture online. In 2015, the turnover was $60,000 (£46,278), with profits paying for salaries and the farm's upkeep. ...
Big bonanza image
Source : BBC [Read Article] Thursday 13th of October 2016 11:29:58 PM
....5m. A real estate developer from Gujarat, Naresh Agrawal, who says he has an annual turnover of $45m, declared the equivalent of $6m. ...
Housing market 'settling down' after Brexit vote jitters, say surveyors image
Source : Guardian [Read Article] Thursday 13th of October 2016 08:49:03 AM
....“Buyers do appear to be returning, albeit relatively slowly, but the big issue that continues to be highlighted by respondents is the lack of fresh stock on the market. Although this is not a new story, it is a significant one, having ramifications for both prices and the level of turnover. ...
Lloyds Banking Group cuts 1,200 jobs image
Source : BBC [Read Article] Wednesday 12th of October 2016 11:28:25 AM
....Employee unions Accord and Unite were consulted prior to the announcement, the bank said, but Unite national officer Rob MacGregor called the move "horrific". Lloyds said its policy was to use natural turnover and to redeploy people wherever possible in order to "retain their expertise and knowledge" within the firm. ...
A man for all seasons image
Source : BBC [Read Article] Sunday 9th of October 2016 11:05:02 PM
.... But Fortune magazine has named Four Seasons as one of the 100 Best Companies to Work For every year since its list began in 1998. Four Seasons is also well known for having one of the lowest staff turnover rates in the hotel industry. ...
Fashion sales wilt in September heatwave image
Source : BBC [Read Article] Friday 7th of October 2016 12:12:18 AM
...."When you look at individual performances, it doesn't take long to spot who has innovated and adapted their supply chains to be able to cope with unseasonal weather," she added. For its High Street Sales Tracker, BDO takes weekly sales figures from 70 participating High Street retailers with about 10,000 stores in total, and compares the percentage change in turnover with the previous year. ...
Landlords lose legal challenge over buy-to-let tax changes image
Source : Guardian [Read Article] Thursday 6th of October 2016 02:44:02 PM
....The planned tax changes will stop buy-to-let costs – largely mortgage interest payments – being a claimable business expense. The Axe the Tenant Tax group, which was represented in court by co-claimants Steve Bolton and Chris Cooper, argued that the new rules meant most landlords with mortgages would have to pay tax on their turnover rather than their profit. ...
Cherie Booth to represent landlords fighting changes to tax regime image
Source : Guardian [Read Article] Tuesday 4th of October 2016 05:41:07 PM
.... Booth will represent co-claimants Steve Bolton and Chris Cooper at judicial review on Thursday. Those opposed to the tax, claim the new rules will mean landlords with mortgages will now have to pay tax on their turnover rather than their profit. ...
Ofgem investigates 'E' energy supplier image
Source : BBC [Read Article] Friday 30th of September 2016 10:08:56 AM
....The energy supplier E is to be investigated by the regulator Ofgem for potentially misleading its customers. The company - which has 100,000 pre-payment meter customers - faces a fine of up to 10% of its turnover. ...

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