Ann Summers Receives £5m Cash Injection from Owners to Mitigate Losses
In a bid to mitigate its widening losses, Ann Summers has received a £5 million cash injection from its...
losses
Mulberry’s Losses Widen as New CEO Addresses Business Rebuilding Efforts
Mulberry, the luxury brand, has reported widened losses of £15.7 million in the half-year period ending September 28th, with...
Boohoo Raises £39.3m Amid Tripled Losses, CEO Sees Undervaluation Opportunity
Boohoo has raised £39.3 million through a successful fundraising launch despite tripling its losses in half-year results, with adjusted...
Asos Reports £379m Loss Amid Inventory Reduction and Full-Price Sales Boost
Online fashion giant Asos posted a pre-tax loss of £379.3 million, down from £296.7 million the previous year, as...
Cambridge Retail Group Reports £340m Losses, Sales Surge Amid Lease Accounting Changes
In a recent report, Cambridge Retail Group, the parent company of luxury store chain Selfridges, has faced losses of...
Booths Supermarket Reports Record Revenues and Reduced Losses Amid Challenging Economic Conditions
Booths, an upmarket supermarket, reported reduced losses during its latest annual results as sales skyrocketed, reaching £318.7 million for...
Boden’s Losses Double but Recovery ‘Well Underway’
Boden, a clothing and lifestyle retailer, reported a loss of £9.4 million for the year ending December 2023, more...
Homebase Seeks Investors Amidst Financial Struggles and Sales Decline
Homebase is set to begin talks with potential investors next week, aiming to drive its growth forward. This comes...
Dobbies Garden Centres Plans Restructuring Amid Losses and Unseasonable Weather Impact
Dobbies Garden Centres, a home and gardening retailer owned by Ares Management, is reportedly planning a financial overhaul that...
Asos Introduces Value Creation Plan for Executive Alignment
Asos introduces a new Value Creation Plan (VCP) to align executive directors with its growth plans and reverse losses....