Mulberry continues to face financial challenges, reporting a significant operating loss for the first half of 2024.The British luxury brand’s operating loss reached £13.1 million, a…
Browsing: economic challenges
The UK supermarket sector anticipates a dynamic holiday season in 2024, intertwined with economic challenges.Sainsbury’s and M&S report increased early shopper activity, reflecting strategic consumer behavior…
The Entertainer halts store expansion plans due to increased National Insurance costs, reflecting broader economic challenges for retailers.The company’s decision follows a government mandate raising employer…
In a world of economic challenges, the UK gaming industry stands as a beacon of growth, driven by regional studios beyond London.Despite downsizing and studio closures,…
Ultimate Products faces a tough financial year with declining profits and revenues.The Oldham-based homeware company reports a 6.5% drop in total revenues.International sales show resilience with…
Avison Young’s UK arm has faced a substantial downturn in 2023, experiencing significant financial losses and workforce reductions.The company’s pre-tax loss nearly doubled, exceeding £100 million,…
McDonald’s UK operations have faced a sharp decline in pre-tax profits, falling from £170.8m in 2022 to £66.3m in 2023, amidst economic challenges.Despite the profit drop,…
As the year draws to a close, retailers focus on the pivotal golden quarter, despite ongoing economic challenges.Experts expect consumer demand, although fragile, to boost holiday…
A recent survey highlights Gen Z SME owners’ confidence about their business outlook for 2025.An impressive 94% of Gen Z business owners feel positive about the…
Giggling Squid, a Thai restaurant chain, has posted a hearty financial recovery, demonstrating resilience despite current economic conditions.This year, the company has declared a notable pre-tax…