Frasers Group acquires 18.9% stake in AO World
June 12, 2023 8:50 amFrasers Group has invested £75 million in acquiring an 18.9% stake in online appliance and electricals retailer AO World. The owner of Sports Direct, House of... View Article
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Latest News: ao world
AO World raises guidance
February 28, 2023 8:52 amOnline electricals retailer AO World has upped its profit guidance for the 12 months to March 2023 as it continues to benefit from actions taken to... View Article
AO World raises full year profit guidance
January 10, 2023 7:37 amOnline appliance retailer AO World has raised its full year guidance as actions to reduce costs and improve margins take effect. As a result, its board... View Article
AO’s losses widen as cost-of-living crisis impacts sales
November 22, 2022 8:33 amOnline appliance retailer AO has seen its losses widen after the cost-of-living crisis led to reduced consumer demand in the electricals market. In the six months... View Article
AO appoints Pret’s Sarah Venning as non-executive director
November 1, 2022 6:26 amAppliance retailer AO World has appointed Sarah Venning as a non-executive director with immediate effect. Venning is currently working as global chief digital officer at Pret... View Article
AO World posts full year revenue drop
April 29, 2022 8:45 amAO World saw its revenue decline by 6% to £1.56 billion in the 12 months to 31 March against strong prior year comparatives when the company... View Article
AO launches ‘rework’ facility for returned appliances
July 14, 2021 6:11 amOnline electricals retailer AO has opened a ‘rework’ facility to enable the business to give returned appliances a new lease of life. Operating from the retailer’s... View Article
AO World to expand in new markets
July 2, 2021 6:51 amAO World has said it expects to be operating in five countries within the next five years, including its existing markets of the UK and Germany.... View Article
AO hails record Christmas sales
January 20, 2021 8:45 amOnline electrical retailer AO World recorded its strongest ever peak trading period in the run-up to Christmas. In the three months to 31 December, UK revenue... View Article
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