Credit Insurer Reduces Coverage for Paperchase Amid Profit Slump
Paperchase, the UK stationery retailer, faces financial challenges as credit insurer Euler Hermes reduces its cover following a significant...
profits drop
McColl’s CFO Resigns Amid Challenging Period, Revenue Grows Despite Profit Drop
McColl's CFO Simon Fuller resigns amidst the firm's most challenging six months as profits nearly halve from £4.5m to...
H&M Faces 22% Profit Drop and Inventory Issues
H&M reports a 22% drop in profits before taxation, citing weak sales and stockpiling issues as key factors. CEO...
Topps Tiles Reports 33% Drop in Profits Amidst Challenging Market Conditions
Topps Tiles reports a 32.6% drop in pre-tax profits from £9.5m to £6.4m, despite a 3.7% revenue growth to...
Arcadia Group’s Profits Plummet: A 42% Drop in Profits Reported
In a recent report, Taveta Investments, parent company of Arcadia Group which owns Topshop, Dorothy Perkins, and Miss Selfridge,...
Card Factory Reports £14.6m Drop in Profits Amidst Rising Costs and Weak Pound
In a challenging retail environment, Card Factory's profits dropped by £14.6 million due to rising wage costs and the...
Next Expected to Report Profit Drop, but Future Outlook Positive
Next clothing chain set to report 8% drop in annual pre-tax profits this Friday, but analysts remain positive about...