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Top News In பண்படாமனித இயல்பு ஃப்ரிஸ்பீ Today - Breaking & Trending Today

In the Style hands back furlough cash after its sales boom


In The Style has handed back Government support gained under the furlough scheme after its sales more than doubled.
Reporting the first results since its float, the online fast fashion seller said sales for the year to March 31 would be £44.5million – a 130 per cent increase on the year before.
The firm was founded in 2013 by Adam Frisby, 33, who left his job at Burger King to start the business with £1,000. 
Soaring sales: In The Style  was founded in 2013 by Adam Frisby, 33, (pictured centre) who left his job at Burger King to start the business with £1,000
The Manchester-based business designs fashion collections with reality TV stars such as Love Island s Dani Dyer, and offers special discounts to bring people to its app.  ....

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In The Style sales soar 130 per cent in first financial update since retailer's AIM listing : CityAM


In The Style sales soar 130 per cent in first financial update since retailer s AIM listing
In The Style has recently launched a collaboration with former X Factor competitor Stacey Solomon
Fast fashion firm In the Style, which collaborates with reality TV stars and online influencers, toasted booming sales over the last 12 months in its first financial results since it went public last month.
The ecommerce retailer said turnover for the year ended 31 March is expected to be around £44.5m, a 130 per cent jump since the previous year.
Sales growth was driven through transactions on the In The Style app, which increased 400 per cent year on year and represented 55 per cent of total sales. ....

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ADVFN PLC surges as former director takes his stake to 18%


Tullow Oil in demand after refinancing plans
A look at the major movers on the London market on Thursday
oil
Tullow Oil PLC (LON:TLW) is one of the day s risers after it unveiled a refinancing.
The exploration and production group has begun an offer of $1.8bn worth of senior secured notes due in 2026 and received commitments for a $500mln revolving credit facility and a $100mln letter of credit facility.
The proceeds with be used to push out the timeframe for its debt obligations, including redeeming $650mln worth of senior notes due in 2022 and repaying $300mln of convertible bonds due this July. ....

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Character Group PLC set for best annual performance in its history


Global Petroleum raises up to £2mln to fund Namibia prospect
A look at the major movers on the London market on Thursday
10.55am: Explorer issues new shares and warrants
Global Petroleum Limited (LON:GBP) is among the day s bigger fallers after it announced a placing to raise £1mln.
Its shares have dropped 28% or 0.18p to 0.45p, which to be fair is the price at which 222mln shares have been placed.
The company has also issued 111mln warrants at an exercise price of 0.9p a share for a period of two years with one warrant for every two ordinary shares. If exercised in full this would raise another £1mln giving total proceeds of £2mln at an average weighted price of 0.6p a share. ....

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