Sometimes reviving an old brand can be fun ? like Starburst sweets being rebranded as Opal Fruits for the summer ? but there's usually a good reason why brands vanish into obscurity and stay there. So, when Victorian Plumbing (VIC) announced it was reviving the MFI brand ? which collapsed into administration in 2008 because it could no longer compete effectively ? with a relaunch planned for...

Its first-half results announcement should have been a moment for celebration, but investors thought otherwise and sent shares in Victorian Plumbing (VIC:AIM) spiralling down the plughole to a 12-month low. The firm reported an increase in sales and market share, with strong growth in the second quarter to the end of March following the completion of its warehouse transformation in December...

Victorian Plumbing CEO sells £2.7 million sharesBig Technologies CEO ups stake againYouGov CFO sells £513,446 sharesMark Radcliffe, CEO at online specialist bathroom retailer Victorian Plumbing (VIC:AIM) has sold 2,700,000 shares at 100p for a total value of £2.7 million on 27 August 'to help satisfy institutional demand' for ordinary shares.Over the past year, Victorian Plumbing shares...

£22.5 million takeover to accelerate growthVictoria Plum recently out of administrationDeal should drive future upgradesBathroom retailer Victorian Plumbing (VIC:AIM) has acquired loss-making arch-rival Victoria Plum as the taps-to-toilets seller looks to accelerate its growth in a competitive yet sizeable total addressable market.Shares in Victorian Plumbing rose 5.6% to 90.2p on news of the...

Even today?s market giants started out small. Microsoft (MSFT:NASDAQ) may now be the world?s largest company with a $3 trillion valuation which rivals the GDP of some major global economies but it began life as a start-up founded by Harvard College drop-out Bill Gates and his childhood friend Paul Allen. Few then would have predicted its global domination today.While we are not expecting the...

After floating on AIM in June 2021 at 262p with an £850 million valuation, the biggest debut market cap the junior exchange has ever seen, shares in online specialist bathroom retailer Victorian Plumbing (VIC:AIM) almost disappeared down the plughole.They sank as low as 34p by early October 2022 amid inflation-induced margin pressures and more subdued demand post-Covid lockdowns, with sales...

- Bathroom retailer returns to growth- Reports 'strong start' to 2023- Declares maiden ordinary dividend and an additional special paymentWhile they remain 70% below 2021's 262p initial public offering (IPO) price, shares in Victorian Plumbing (VIC:AIM) perked up 3.1% to 70.1p after the online taps, toilets, baths and basins seller's results for the year ended 30 September beat downgraded...

- Savills chair snaps up shares- Victorian Plumbing founder buys £400,000 worth of stock- Takes stake closer to 50%The chair of Savills (SVS) Nicholas Ferguson snapped up £80,000 worth of shares in the property business.Year-to-date the £1.2 billion market cap has fallen more than 40% and it is down 18% in the last month, caught up in a sell-off in the real estate sector which has been...

A healthy number of lesser-known businesses have done very well in share price terms since coming to market in the last two years, with price appreciation reflecting strong operational performances or the fact they sate voracious investor appetite for a particular theme.Readers will be familiar with high-profile post-pandemic newcomers on the London Stock Exchange (LSGE) trading above their...

UK investors seem to have got over the blow of Deliveroo (ROO) and other flop IPOs (initial public offerings) with London's new listings matching Europe's bulging pipeline.Despite ongoing inflation and interest rate hike threats, supply chain blockages and a stubborn Covid virus that refuses to go away, investors continue to be willing to back high-quality businesses that have a distinctive...

THIS IS AN ADVERTISING PROMOTIONThe UK warehouse and logistics market has become centre stage, being the stand out asset class within the real estate sector, experiencing investor interest from across the globe with in excess of £10 billion of stock changing hands last year.This recent trend, which has emerged over the last five years, has been driven by the growth of e-commerce, now...

Online-only building materials retailer CMO plans to list shares on AIM in early July to tap the boom in home improvement projects that has boosted the likes of Kingfisher (KGF), Wickes (WIX) and Travis Perkins (TPK).While there is limited fundraising and valuation target details available yet the stunning AIM debut of online bathroom products retailer Victorian Plumbing (VIC:AIM) demonstrates...

Despite the likes of Marex Spectron, Tungsten West and Elcogen postponing proposed flotations, there are still signs of life in London's new listings market.Payments app Wise is planning a so-called direct listing that could value the company at £9 billion, while online bathroom products retailer Victorian Plumbing (VIC:AIM) arrived on AIM (22 June) with a starting tag of £850 million, the...