New CEO for Space Park Leicester
Revenue and profit dip at Dr. Martens as its sets out ‘Levers For Growth’
According to preliminary results for the 52 weeks ended 30 March 2025, group revenue was down 8% at £787.6m, against a challenging macroeconomic and consumer backdrop in several of the firm’s core markets. Meanwhile, adjusted profit before tax dropped to £34.1m from £97.2m.
The company, however, highlighted its “strong delivery” against its FY25 objectives, which are guiding towards a return to profit growth in FY26.
The year saw Dr. Martens return its direct-to-consumer channel in the Americas back to growth, its marketing approach reset to focus on product, £25m of annualised cost savings delivered, and the business’s balance sheet strengthened ahead of target. Ije Nwokorie, CEO, said: “Our single focus in FY25 was to bring stability back to Dr. Martens. We have achieved this by returning our direct-to-consumer channel in the Americas back to growth, resetting our marketing approach to focus relentlessly on our products, delivering cost savings, and significantly strengthening our balance sheet.“We are today sharing our Levers For Growth, which will increase our opportunities by shifting the business from a channel-first to a consumer-first mindset.
“We will give more people more reasons to buy more of our products, whether that’s our iconic boots and shoes, newer product families such as Zebzag and Buzz, or adjacent categories such as sandals, bags and leather goods. And we will tailor distribution to each market, blending DTC and B2B, optimising brand reach and ensuring a better use of capital.
“I am laser-focused on day-to-day execution, managing costs and maintaining our operational discipline while we navigate the current macroeconomic uncertainties. Looking ahead, there are significant markets for us to grow into, and we currently own just 0.7% of a total relevant market of £179bn.
“This, combined with the enduring demand for our products, the robustness of our operations, the strength of our cashflow generation and balance sheet and the expertise of our people, gives me confidence that we will deliver the sustainable, profitable growth that this brand is capable of.”
SMEs driving green growth but face barriers to scale
A new report from the government-backed Willow Review has found that UK small and medium-sized enterprises (SMEs) that are embracing sustainability are already seeing measurable business benefits, including cost savings, new customer acquisition, and improved customer loyalty. However, the report warns that persistent barriers are hindering wider adoption, thereby threatening the UK’s green growth potential.
With SMEs representing 99% of UK businesses and accounting for around half of all business-related carbon emissions, their role in achieving national climate targets is crucial. The Review surveyed 425 small businesses and found that 67% of those implementing sustainability practices reduced operational costs, 52% gained new customers, and 33% improved customer loyalty. Many reported using sustainable materials, cutting waste, limiting travel, and sourcing from greener supply chains.
Despite these advantages, many SMEs struggle to take action due to upfront costs, time constraints, and difficulty accessing financial or advisory support. To address this, the Willow Review issued 14 recommendations across three key areas: simplifying sustainability guidance, expanding access to finance, and creating a more supportive policy environment.
The report calls for clearer signposting to existing funding options, the creation of tailored ‘Green-Up Loans’, and reforms to government schemes like the Growth Guarantee Scheme to support green investments. It also urges integration of sustainability into core services such as the Business Growth Service, alongside incentives for landlords to improve energy efficiency in SME premises.
Student accommodation developer sells nine properties for £212m
Unite Students, the owner, manager and developer of student accommodation, has sold a portfolio of nine properties, comprising 3,656 beds for £212 million, to an affiliate of Lone Star Funds.
The disposal portfolio includes assets in Aberdeen, Leicester, Leeds, Nottingham and Sheffield. It includes St. Martins House, Newarke Point and Grange Lane Apartments in Leicester and Curzon House in Nottingham.
The disposal is part of the group’s strategy to increase alignment to high and mid-ranked universities and those properties with the strongest prospects for sustainable long-term rental growth.
Contracts have been exchanged with completion due in August 2025.
Since 2022, the group has now sold 12,000 beds, recycling over £700 million into its strongest markets and new investment opportunities.
Joe Lister, Unite Students chief executive, said: “These disposals increase the alignment of our portfolio to the strongest university cities and continues our disciplined approach to recycling capital.
“Purpose-built student accommodation continues to attract institutional capital as the growing UK 18-year-old population and improving trends in international recruitment underpin demand for high-quality student accommodation.”
Investment zone minister visits hydrogen propulsion systems lab site in Nottingham
Construction of landmark rail innovation centre begins
SEV joins the sponsor line up for the East Midlands Bricks Awards 2025: “We encourage businesses of all sizes to enter and showcase their achievements”
Operating from its modern manufacturing facility, SEV offers a full end-to-end service — from design support and technical detailing through to precision manufacturing, finishing, and installation. Highly skilled craftsmen and project managers work closely with clients to bring your creative concepts to life, whether it’s a flagship retail fit-out, executive apartments, or high-specification residential joinery.
Speaking with Business Link, Gary Pearce, Managing Director at SEV, said: “We’re proud to be sponsoring the East Midlands Bricks Awards 2025. As a company committed to supporting sustainable growth and delivering innovative energy and infrastructure solutions, SEV is excited to celebrate the organisations and individuals shaping the future of the East Midlands’ built environment.
“The Bricks Awards are a fantastic platform to recognise the remarkable work happening across the region — from transformative developments to outstanding community projects. We’re particularly looking forward to connecting with like-minded professionals and celebrating the ingenuity and impact of this year’s finalists.
“We encourage businesses of all sizes to enter and showcase their achievements. Whether you’re driving regeneration, delivering infrastructure, or pioneering sustainability, this is your moment to be recognised.”
The East Midlands Bricks Awards, which will take place on Thursday 2nd October at Nottingham’s famous Trent Bridge Cricket Ground, celebrates the successes of property and construction companies in Derbyshire, Nottinghamshire, Leicestershire, Lincolnshire, and Northamptonshire.
Recognising those behind the changing landscape of the East Midlands, the occasion highlights development projects, businesses, and people in commercial and public building across the region – from office, industrial and residential schemes, through to community projects such as leisure schemes and schools. It also toasts the work of architects, agencies, and those behind large schemes.
Welcoming almost 150 professionals, nominating a company or project for the awards is a great way to showcase your successes, recognise your team’s efforts, bolster morale, and reach our audience of over 60,000 business readers, while also offering a chance to connect with respected professionals. It’s completely free to enter and making the top three finalists in your category also wins you free tickets to the event.
To make a nomination for the East Midlands Bricks Awards 2025, please click here.
Supporting imagery, video, documents, or links to these, can be sent to bricks@blmgroup.co.uk. Video nomination pitches are also welcome as an alternative or companion to written entries. Categories include:- Contractor of the Year
- Developer of the Year
- Architects of the Year
- Most Active Agent
- Deal of the Year
- Residential Development of the Year
- Sustainable Development of the Year
- Commercial Development of the Year
- Excellence in Design
- Responsible Business of the Year
- Overall Winner
Nominations will close on Friday 15th August.
The East Midlands Bricks Awards 2025
What: The East Midlands Bricks Awards 2025 When: Thursday 2nd October (4.30pm – 7.30pm) Where: Derek Randall Suite, Trent Bridge Cricket Ground, Nottingham Keynote speaker: Councillor Nadine Peatfield – Leader of Derby City Council, Cabinet Member for City Centre, Regeneration, Strategy and Policy, and Deputy Mayor of the East Midlands Tickets: Available here Dress code: Standard business attire Thanks to our sponsors:
To be held at:
With a limited number of sponsorship opportunities remaining, please contact Angie Cooper at a.cooper@blmgroup.co.uk to learn more if you are interested in becoming an East Midlands Bricks Awards 2025 sponsor. 200 Degrees expands into southern England with new outlet
Coffee roaster and retailer 200 Degrees will open its first site of 2025 this summer at the Cotswolds Designer Outlet, creating 15 new jobs. The move marks the Nottingham-based company’s 23rd location and its southernmost presence in England to date.
The new 2,280 sq ft site will feature 102 indoor seats and 24 outside. It continues the company’s nationwide growth strategy, with further openings planned later in the year. The site will be staffed by a newly trained team delivering on the company’s in-house roasting and service standards.
The expansion aligns with the broader trend of regional food and beverage brands targeting high-footfall retail destinations to grow market share and brand visibility across the UK.
D&D Transport relocates to larger Derbyshire hub
Midlands-based logistics firm D&D Transport has moved its operations from Nottingham to a larger site in Alfreton, Derbyshire, in a move designed to scale up its haulage and warehousing capabilities.
The new site features expanded warehousing capacity, accommodating up to 10,000 pallets, as well as external storage options. The relocation is part of the company’s broader strategy to streamline operations across general haulage, courier, and storage services under one roof.
The facility is also equipped with warehouse management systems that provide clients with real-time stock visibility and control, allowing them to manage inventory and dispatch from a single platform. The upgrade aims to offer a more integrated logistics solution to business customers across the region.
The company’s expansion reflects the rising demand for flexible, end-to-end logistics support, particularly among clients requiring scalable storage and efficient last-mile distribution.


