
Apparel retailer White Stuff is in the red after posting a £7 million loss in the year to April 2011, reports the Telegraph. The loss comes after writing off £21.6 million of goodwill. Were it not for the impairment, White Stuff would have made an operating profit of £15 million, up from £14.6 million in the previous year. Revenues during 2010/11 grew 20 percent to £100.8 million.
Abel & Cole and Riverford are among those mentioned in an Independent feature on the growing popularity of the veg box.
The Telegraph profiles David and Luisa Scacchetti the founders of Mamas & Papas, who are said to be planning to take the nursery products business to “every corner of the world”.
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