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Investegate |Superdry plc Announcements | Superdry plc: Year End Trading Statement


 
Our strengthened Ecommerce presence has helped mitigate the impact from enforced closures of our stores. We returned to revenue growth in Q4, and our commitment to a full price stance over the period has seen significant online margin improvement. Our liquidity remains strong, with closing net cash ahead of last year and our facilities remain undrawn.
 
Despite all the disruption of the past year, Superdry has demonstrated its resilience and we have used this time to ensure the business is in the best possible shape for the future, really focusing on developing our digital presence and making strides towards our goal of being the most sustainable listed fashion brand. I m proud that we ve been able to accelerate our commitment to ensure all pure cotton items are organic by five years to 2025, working closely with growers in India, and that our focus in this area was recognised by Drapers at its Sustainable Fashion Awards in February. ....

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Investegate |WH Smith PLC Announcements | WH Smith PLC: Interim Results


 
good growth opportunities; c.100 stores won and yet to open
 
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Encouraging performance despite continued impact from Covid-19 with improving trends
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Good results across all key markets from our focused plan on customer conversion, increasing average transaction value (ATV), category development and cost management
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Free cash outflow of £13m in the half
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Extensive opportunities for further growth; c.100 new stores won and planned to open in Travel over the next three years with over 60 in North America
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Encouraging recovery in North America
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Profitable performance from High Street
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Strong online performance, including a record performance from funkypigeon.com
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Finished March ahead of plan with cash on deposit of £50m and undrawn facilities of £200m ....

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SoftBank to Acquire 40% of AutoStore; Investment Reinforces AutoStore's Global Automation Leadership


SoftBank to Acquire 40% of AutoStore; Investment Reinforces AutoStore s Global Automation Leadership
- SoftBank to acquire 40% of AutoStore for $2.8 billion, valuing AutoStore at a $7.7 billion enterprise value
- SoftBank accelerates AutoStore s global expansion, with particular emphasis on the Asia Pacific region, and complements leading automation investor base
- Thomas H. Lee Partners, L.P. continues to be AutoStore s majority shareholder
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NEDRE VATS, Norway, April 5, 2021 /PRNewswire/ AutoStore, a leading global robotics and software company, today announced that SoftBank has entered into a definitive agreement to acquire 40% of AutoStore from funds affiliated with Thomas H. Lee Partners, L.P. ( THL ) and EQT Private Equity ( EQT ), among other shareholders. THL will continue to be AutoStore s majority shareholder and THL, SoftBank and EQT will each have representatives on AutoStore s Board of ....

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