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…
Browsing: economic challenges
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…
A recent survey reveals a shift in financial habits among UK citizens as economic challenges persist.Over half of UK adults feel more adept at managing finances…
Dune London Founder Daniel Rubin discusses strategies amidst market challenges, emphasizing quality improvement as a basis for price increase.Rubin shares optimism for the coming season, despite…
The August bank holiday brought a sales boon to independent fashion retailers across the country, signaling a prosperous end to the summer.Despite initial quiet periods, retailers…