Aoife Morgan - Profile and Journalist Details
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Aoife Morgan
Verified
Senior Journalist, Retail Gazette
London
Beats
PR, Marketing Entrepreneurship, Social Media Self Employment, Publishing Freelancing, Media Small Business, Writing
Essays, Resumes, Educational Documents
Content
By Aoife Morgan Verified| Retail Gazette Verified WHSmith’s High Street business saw its trading profit plunge more than 30% ahead of its sale to Hobbycraft owner Modella Capital. The retailer’s division delivered a profit of £15m in the six months to 28 February, down from £22m the same time last year. Sales dropped a further 7% to £239m. WHSmith announced it had sold its 482 stores High Street business to private equity firm Modella at the end of last month in a £76m deal to focus solely on its fast-growing travel retail division.
By Aoife Morgan Verified| Retail Gazette Verified ProCook hailed a “strong” finish to the year as final quarter sales surged 17.8% to £15.5m. The kitchenware brand’s retail revenue rose 14.7% to £9.6m in the 12 weeks to 30 March, which it attributed to new store openings and the launch of coffee machines during the period. Online sales rocketed 23.4% in the fourth quarter, up 19.9% on a like-for-like basis, driven in part by the retailer’s relaunched Amazon UK marketplace.
By Aoife Morgan Verified| Retail Gazette Verified Halfords chief executive Graham Stapleton has left the retailer after more than seven years. Stapleton, who has been spearheading a transformation of the motoring specialist, is being succeeded by former Very Group CEO Henry Birch. It comes as Halfords reported its pre-tax profits for the year will sit at the upper end of its £32m to £37m guidance following a “strong finish to FY25”.
Company Info
Retail Gazette
London, England, United Kingdom
+44 20 8222 0555