Mulberry Closes Bond Street Store Amidst Declining Sales and Economic Challenges
Luxury fashion retailer Mulberry has closed its Bond Street store due to the impact of the end of VAT-free...
sales decline
N Brown Reports 7.6% Sales Decline Amid Cost-of-Living Crisis Impact
N Brown's third quarter sales plummeted by 7.6% to £249.2m due to declines in its heritage brands, while strategic...
The Body Shop Global Retail Director Linda Campbell Departs Amidst Sales Decline
Linda Campbell, The Body Shop's global retail director, has resigned from her position at the health and beauty company,...
Boohoo Warns of Continued Sales Decline and Profit Drop Amid Economic Challenges
Boohoo warns of lower sales for the rest of the year due to rising costs and weaker-than-expected demand, with...
John Lewis Reports £99m H1 Loss Amid Inflationary Pressures
John Lewis reports a £99 million loss for H1 FY22 due to reduced customer spending and increased costs, while...
TK Maxx Owner TJX Companies Reports Decreased Sales Amid Inflation Impact
TK Maxx owner, The TJX Companies, reports a 2% drop in net sales for Q2 Fiscal 2023 at $11.8bn...
Joules Anticipates Significant Loss Amid Weak Trading and Warm Summer
Joules, a British lifestyle brand, warns it will report a significant full-year loss due to rising inflation and weak...
Sainsbury’s Sales Decline Amidst Intensifying Household Budget Pressure
Sainsbury's reports a 4% drop in first-quarter like-for-like sales, citing increased pressure on household budgets. Despite this, grocery performance...
Gear4music Sales Decline Amid Post-Brexit Struggles
In a recent announcement, Gear4music reported a 8% drop in total sales for the first half of this year,...
Fenwick’s Losses Widen Amid Declining Sales
In a recent announcement, department store chain Fenwick reported a significant increase in losses, reaching £112 million during the...