Bestway Wholesale sees 11% rise in turnover and 90% uplift in profits
Bestway Wholesale achieved an 11% rise in turnover to £2.94 billion in the year ended 30 June 2022, while profit before tax increased by 90% to £70.8 million. “The increase […]
‘Under-performance’ by Bestway Wholesale leads to drop in group profit
Faced with ‘a tough trading environment’ in the wholesale sector, Bestway Group’s pre-tax profit fell by 20% to £227.7 million (from £283.5 million) in the year to 30 June. Turnover, […]
Bestway’s Zameer Choudrey to be appointed to the House of Lords
Zameer Choudrey CBE (pictured), chief executive of Bestway Group, is to be appointed to the House of Lords. Choudrey commented: “It is an immense honour. I am truly humbled to […]
Bestway directors increase their wealth
Bestway Group chairman Sir Anwar Pervez OBE increased his wealth by £439 million last year to £3.53 billion, according to the Sunday Times Rich List. The income of his nephew […]
No.10 for Bestway in Sunday Times survey
Bestway Group has been listed as the 10th largest privately-owned company in the annual Top Track survey published by the Sunday Times. The chart, which covers 100 concerns, shows Bestway […]
Philanthropic award for Bestway’s Zameer Choudrey
Bestway Group chief executive Zameer Choudrey CBE (pictured above left) was presented with the Sitara-e-Imtiaz (Star of Excellence), by the President of Pakistan, Mamnoon Hussain. The award was in […]
‘The multiples want to become wholesalers’ – Bestway’s Choudrey
Bestway Group chief executive Zameer Choudrey CBE (pictured) used the occasion of his company’s 17th annual retail development awards scheme to spell out the C&C/wholesaler’s position in the wider market […]
Big turnout for Bestway’s 40th anniversary celebrations
Around 1,200 Bestway Wholesale staff and suppliers celebrated the C&C/wholesaler’s 40th anniversary in style at London’s Grosvenor House, many marking the occasion by wearing an article of ruby-coloured clothing to […]
Bestway partners with The Duke of Edinburgh’s Award
Bestway Group has selected The Duke of Edinburgh’s Award as its partner for the company’s Royal Ascot charity race day on 17 June. Founded 60 years ago by HRH Prince […]
Bestway rewards ‘those who make the difference’
The efforts of staff and suppliers were recognised at Bestway Wholesale’s annual performance awards, held in central London and attended by over 400 people. The list of winners spanned Bestway […]
Sales and profits dip for Bestway’s C&C/wholesale business
A “busy and challenging” time for Bestway Group saw pre-tax profit for the C&C/wholesale business in the year to 30 June 2015 dip from £49.2 million to £44.6 million on […]
Liverpool retailer takes top prize at Bestway awards
Liverpool retailer Tharmalingam Gnanachchandran, who trades as the Local Zone, won first prize of £10,000 in Bestway Wholesale’s annual retail development awards held in central London. The total prize value […]
