Marston’s, a UK-based pub chain, has announced impressive sales growth exceeding market expectations, signaling strong business performance.The company reported a substantial 5.8% increase in total retail…
Browsing: economic challenges
Lakeland is grappling with substantial economic challenges that have impacted its financial results.Pre-tax losses increased from over £1.1 million to nearly £2 million, highlighting fiscal strain.Sales…
The UK branch of renowned fashion brand Bottega Veneta has returned to profitability in 2023, showcasing resilience in a challenging economic climate.Despite a notable decrease in…
AB InBev’s UK division faces widening losses even after price hikes.The UK arm reported a pre-tax loss of £72.1m in 2023.Sales rose slightly from £1.59bn to…
Alteri Investors is reportedly interested in acquiring Kurt Geiger.Discussions between Alteri and Kurt Geiger’s owner, Cinven, are at an early stage.The footwear brand has been valued…
H&M Group has reported sluggish sales in the third quarter, highlighting a challenging economic climate for the retail industry. Despite this, the company maintained stable revenue…
British boards are focusing on immediate survival over future-proofing amid economic challenges.Climate change, AI, and cybersecurity are taking a backseat in boardroom discussions, with only 8%…
Tesco is introducing free Career Clinics to aid job seekers from economically challenged areas.The clinics aim to boost confidence and skills, offering guaranteed job interviews.New research…
The Danish retailer Søstrene Grene has achieved record financial results and is advancing its UK expansion.Søstrene Grene’s pre-tax profits soared by 15% to £24m amid economic…
Nearly half of Britain’s workforce engages in side hustles, raising questions for employers.Side hustles provide substantial additional income but may distract from primary job responsibilities.Economic challenges…