The Latest Breaking News from AO World

AO World swings back to black but sees discretionary spend fall

Shoppers are cutting back spending on non-essential home projects such as new kitchens, the boss of white goods retailer AO World said as it emerged a host of factors have dented sales.

Evening Standard · Jul 5, 2023

Mike Ashley stretches the edges of Frasers’ ‘ecosystem’ with AO World stake

Strategically questionable 18.9% stake in the white goods seller suggests the Sports Direct founder still can’t resist a punt

The Guardian - UK · Jun 12, 2023

Mike Ashley’s Frasers Group takes 19% stake in AO World

Move to buy £75m of shares in UK’s biggest seller of large domestic appliances

The Guardian - UK · Jun 12, 2023

AO World ‘cautiously optimistic’ as cost-cutting boosts profits

The online electricals retailer upgraded its profit guidance despite another decline in sales for the latest quarter.

The Independent UK · Jan 10, 2023

FTSE 100 Live: Virgin Orbit shares tank, Amazon to shut UK warehouses

Profits at JD Sports Fashion and Sainsbury’s are set to be near the top end of expectations after the retail pair delivered robust trading updates today.

Evening Standard · Jan 10, 2023

UK retailer AO World reports bigger losses amid living costs crisis

Online electrical store is cutting costs but faces ‘tough environment’ and supply chain problems

The Guardian - UK · Nov 22, 2022

AO reports losses of £12million due to cost of living and supply problems

Revenues have fallen 17%

Wales Online · Nov 22, 2022

AO World slides to loss over higher labour costs and cost-of-living pressure

The white goods firm posted a £37 million pre-tax loss for the year to March 31, falling from a £20 million profit in the previous year.

Birmingham Post · Aug 18, 2022

AO crashes as City frets over cash flow rumours

Market report: FTSE up smartly on rare good day for stocks

Evening Standard · Jul 4, 2022

Boots is up for sale to the highest bidder, but where are they all?

UK retailer offers revamped stores and big online presence, but potential buyers see tired shops and threat of beauty rivals

The Guardian - UK · Jun 9, 2022