Barclay family’s Very Group snapped up by US private equity giant Retail Online retailer The Very Group has been snapped up by a US private equity giant, ending an over 20 year tenure of ownership under the Barclay family. The group will now be controlled by Washington-based Carlyle alongside Abu Dhabi-based investment fund International Media Investments (IMI). It marks the latest offshoring of businesses for the Barclay [...]
Very Group returns to half-year profit despite sales decline Retail Very Group returned to making a half-year profit during the final six months of 2024 despite a fall in sales. The Merseyside-headquartered business, which includes Littlewoods, has reported a pre-tax profit of £6.1m for the period to 28 December 2024. The profit comes after Very Group fell to a pre-tax loss of £2m during the [...]
Losses slashed at The Very Group after major investment Retail The Very Group said it has "delivered a resilient performance despite market pressures" as its losses were slashed.
Nadhim Zahawi hired by billionaire Barclay family to chair The Very Group May 13, 2024 Former Chancellor Nadhim Zahawi has been appointed by the billionaire Barclay family to chair The very Group.
The Very Group: Moody’s changes outlook on online retailer owned by billionaire Barclay family April 12, 2024 Moody's has changed its outlook on The Very Group from stable to negative despite it securing major investment and named a new chief executive.
Conservatives select Very Group’s finance boss to fight General Election April 9, 2024 The chief financial officer of The Very Group has been selected as a Conservative candidate at the up-coming General Election.
The Very Group hires former Fenwick boss as new chief April 9, 2024 The Very Group has appointed the former boss of department store chain Fenwick as its new chief executive.
The Very Group: Barclay family-owned retail giant welcomes £125m injection as it falls to half-year loss February 27, 2024 The Very Group, the retail giant owned by the billionaire Barclay family, has secured a £125m investment as it fell to a half-year loss.
PS5s and perfumes boost seasonal sales at The Very Group January 11, 2024 Christmas ales at retailer The Very Group were boosted by the popularity of games consoles and perfumes, it has been revealed.