Revolution Beauty Reports Loss Amid Transformation Efforts
In its first half, Revolution Beauty suffered a £10.9 million pre-tax loss due to a 20% sales drop, blaming...
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FatFace Suffers Loss After Acquisition by Next
FatFace, the fashion brand that claimed to prioritize profit over sales growth, suffered a £3.2 million loss in its...
Fenwick Reports £38.1m Loss Amid Challenging Retail Environment
In the face of a challenging retail environment, Fenwick, the UK department store chain, reported a loss before tax...
Co-op Food Boss Addresses Shoplifting Impact on Staff and Security Measures
Co-op's food managing director Matt Hood reveals that shoplifting costs the company around £39 million in losses, a 19%...
Under Armour Reports Q2 Loss Amid Revenue Decline, Announces Restructuring Plan
Under Armour reports a staggering $300 million operating loss for Q2 2024, with sales plummeting across all regions and...
Deliveroo Reports Profit and Improves Consumer Retention
In a remarkable turnaround, Deliveroo has announced a profit of £1.3 million in the first half of this year,...
Sosandar Reports Loss Amid Sales Boost and Store Expansion Plans
Sosandar, a fashion retailer transitioning to a multichannel model, has announced its first UK store locations in Chelmsford and...
Decathlon UK Reports £2m Loss Amid Transformation Investments
Decathlon UK reports a £2 million loss after investing £10 million in transformation initiatives, despite a 5% revenue drop...
Clarks Reports £40m Loss Amidst Weak Demand and Supply Chain Issues
In 2023, Clarks reported a loss of £39.8 million, down from a profit of £35.9 million in 2022, due...
Asos Reports £120m Loss as Sales Plummet Amid Turnaround Plan
Lead: Asos reports a widening loss of £120 million in its half-year financials as sales drop by 18%, despite...