All Music Magpie articles
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NewsMusic Magpie 'confident' despite decline in profit and revenue
Music Magpie has reported a decline in overall revenue and profit for the year ending November 30, 2023.
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NewsMusic Magpie credits record Black Friday for boosting performance
Music Magpie said a record Black Friday period has helped “offset a softer H1” as it posted its pre-close trading update to November 30, 2023.
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NewsMusicMagpie in sale talks with The Body Shop buyer
Music Magpie is in “early-stage discussions” with potential buyers as it seeks a private sale.
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AnalysisGolden quarter: How retailers are preparing for another cash-strapped Christmas
With the macroeconomic environment looking gloomier than ever, we spoke to some of the UK’s biggest retailers to get their take on whether this year’s festive season will be feast or famine.
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AnalysisIs refurbished technology the future of electricals retailing?
Interest in secondhand products is at an all-time high, with preloved fashion, furniture and books currently all the rage, but is the same true for technology?
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NewsMusic Magpie credits ‘strong momentum’ for first-half trading
Music Magpie has credited “strong momentum” for its first-half performance as it traded in line with expectations and looks forward to the “seasonally important” second half of the year.
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NewsMusic Magpie trading ‘strengthens’ as it focuses on cost control
Music Magpie has delivered a “strengthened” trading performance as it chose to focus on cost control and increasing gross margins instead of “growing revenues on lower-margin products”.
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NewsMusic Magpie CEO focused on ‘buying, selling and renting more’ to improve profits
Music Magpie founder and chief executive Steve Oliver has said the company is focusing on “buying more, selling more and renting more” after reporting expected, albeit lacklustre, full-year results.
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NewsMusic Magpie profits fall despite record Black Friday sales
Music Magpie has reported falling profits despite a record Black Friday trading week and more than doubling its rental subscribers year on year.