Hobbycraft

Hobbycraft owner eyes potential restructuring

Hobbycraft owner, Modella Capital, has reportedly enlisted advisers from FRP to explore a restructuring at the crafts chain, Sky News…

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Hobbycraft profits plummet 80%

Hobbycraft has reported an 80% drop in profits to £393,000, down from £2m the previous year, for the 52 weeks…

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Modella Capital acquires Hobbycraft from Bridgepoint

Privately-owned specialist retail investment boutique Modella Capital has announced its acquisition of Hobbycraft, the largest arts and crafts retailer in…

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Hobbycraft on brink of sale to retail investor

Hobbycraft is reportedly closing in on a sale to a specialist retail investor, Sky News has reported.  Modella Capital is…

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Hobbycraft revenues up 15% as online sales soar

Hobbycraft has welcomed a “robust” set of results in its latest financial year, as revenue rose by 14.8% to £203.1m,…

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Hobbycraft launches second exclusive Joules range

Hobbycraft has announced the launch of its second exclusive fabric collection with lifestyle brand Joules. The new range will include…

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Hobbycraft reports 200% increase in online sales amid lockdown

Hobbycraft has reported a 200% increase in like-for-like online sales in its FY results as it appears to have weathered…

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Hobbycraft revenues exceed £100m in full year results

Arts and crafts retailer Hobbycraft has reported a 5.4% increase in total revenue to £177.7m for the year ending 17…

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Hobbycraft reports eighth consecutive year of sales growth

Arts and crafts retailer Hobbycraft has reported its eighth consecutive year of sales growth, driven by multi-channel platform expansion. The…

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Hobbycraft appoints Tesco CEO as chairman

Arts and crafts retailer Hobbycraft has has appointed Tesco UK CEO Matt Davies as its new chairman. Davies is currently…

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