This Exeter-based Apple Premium Reseller's latest results were hit by Apple's decision to hoist UK prices by up to a fifth in the wake of the Brexit referendum. The move led customers at its 23 stores across the UK to buy fewer high-margin items, pushing Stormfront to a £212,000 net loss in its year to 30 September 2017. During the year, it took action to cut its distribution costs by reducing expenditure in its retail stores and head office.
Chinese vendor undeterred despite unrest among multiple governments
£30m-plus business becomes part of parent reseller
The manufacturer is one of the cloud provider's biggest customers, claims CNBC
Marian McHugh explains how the vendor's new hybrid cloud product and its leadership changes are fuelling its assault on the enterprise market