Business
BAT: Strong growth in Virgin Active and Premier offset New Look’s U.K. challenges post-recapitalization
BAT: Strong growth in Virgin Active and Premier offset New Look’s U.K. challenges post-recapitalization
About this update from Brait Plc
Recapitalization drove an 8% NAV per share increase and over threefold share price rise. Virgin Active and Premier delivered strong growth, while New Look faced U.K. headwinds but maintained market share. Outlook includes targeted exits and continued investment in growth.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.