Recent data reveals challenges for SMEs in the construction industry, with significant shifts in revenue and profitability.Family-owned CN100 contractor Mulalley reports an 11% revenue decline and…
Fusion21 has opened bidding for its £800 million framework, aiming to streamline facilities management across various sectors.The framework, running over four years, is divided into four…
ISG, a notable contractor, faces severe financial turmoil resulting in significant losses.Administrators reveal £190m in supply chain losses across ISG’s collapsing subsidiaries.ISG’s construction, retail, and engineering…
Fenwick, a key player in the North East retail sector, has made significant strides in reducing its financial losses over the past year.Despite the challenging economic…
Speller Metcalfe’s strategic approach to tender negotiations has enabled remarkable fiscal success amidst market challenges.The company reported increased revenue of £132m, up from £112.6m the previous…
Shein’s UK sales have surpassed Boohoo’s, indicating a shift in the fast fashion market.In 2023, Shein reported revenues over £1.5bn, as Boohoo’s sales fell to £1.4bn.Shein’s…
With the fallout from ISG’s collapse still reverberating, Caddick Construction is stepping up to support those affected, showcasing resilience and adaptability amidst industry challenges.The recent collapse…
In the latest episode of Drapers Talks, Catherine Jobling, COO of AllSaints, shares insights into managing supply chain challenges.The discussion highlights the significance of a diversified…
Industry experts highlight the detrimental impact of lengthy legal battles on the construction sector.Prolonged lawsuits are significantly diminishing the contractual value within the industry.Conflict Avoidance Coalition…
Logistics UK has expressed concerns over the EU’s new entry/exit system, set for implementation in less than four weeks, fearing potential trade disruptions.Reports indicate that the…
