Very Group Cuts Losses Amid Market Challenges, Appoints New Chair
In the face of market pressures, The Very Group managed to reduce its losses in Q3, reporting a £2.1m...
EBITDA
The Works Aims for Growth After Challenging Year
In a year of significant changes, The Works anticipates growth in the upcoming financial year after reporting flat revenue...
Watches of Switzerland Reports Q4 Sales Growth Amidst Challenges
Watches of Switzerland reports a 4% increase in group revenues, reaching £380m for the 13 weeks ended April 30th....
J.C. Penney’s Profitability and Potential for New Stores
Lead: J.C. Penney faces a challenging quarter with a 5.9% drop in net sales and an 8.9% decrease in...
Mothercare Maintains Profit Despite Sales Decline
Lead: Despite a decline in retail sales, Mothercare managed to stay "marginally" profitable, with adjusted EBITDA slightly above the...
Space NK Owner Plans Sale of Beauty Chain
**Lead:** The owner of Space NK, Manzanita Capital, is gearing up to sell the beauty chain for over £300m,...
Finance News in Brief: Ted Baker, Harvey Nichols, Monsoon Accessorize, Kiko Milano, N Brown, Lidl GB
Lead: Ted Baker's European operations teeter on the edge of administration, putting 149 jobs at risk, following a restructuring...
Monsoon Accessorize Profits Fall Amid Difficult Trading
Lead: Monsoon Accessorize reports an 18% drop in EBITDA to £20 million for the year ending August 26, 2023,...
Monsoon Accessorize Profits Plunge as Trading Remains Difficult
**Lead:** Monsoon Accessorize faces challenging trading conditions with profits dropping despite some relief, as the retailer navigates through various...
Gear4music FY performance meets expectations
**Lead:** Gear4music announces that its revenues and EBITDA meet market expectations for the 12 months ending on March 31,...