The Wiltshire-based retail group faces significant financial challenges, accumulating losses over a decade.The company, which owns brands like Cotswold Outdoor, Runners Need, and Snow and Rock,…
Browsing: financial loss
John West, a renowned tinned fish brand, has encountered its first financial loss in over ten years due to a strategic decision to freeze prices.Despite a…
John West faced its first financial loss in over a decade due to a strategic price freeze approach, despite a rise in sales.The brand’s profits were…
Fenwick, a renowned department store chain, has reported a substantial financial loss due to difficult retail conditions.The company revealed a pre-tax loss of £28.4m for the…
Victorian Plumbing is planning to shut down Victoria Plum after a significant financial loss following its acquisition.The company acquired Victoria Plum in May but has faced…
The recent financial documents reveal Sipsmith’s persistent challenges and a decline in sales over five years.Sipsmith experienced a significant drop in turnover to £14.2 million in…
River Island, a prominent fashion retailer, has reported significant financial losses, attributed to several market and operational challenges faced in 2023.The company experienced a pre-tax loss…
Despite rising revenue figures, Centrica’s Hive reports another year of financial losses.Hive, under Centrica’s ownership, declared a pre-tax loss of £28.2m for 2023.The company’s historical pattern…
Nestware, the proprietor of Carpetright, is experiencing significant financial setbacks due to the administration of its business, The Floor Room.The closure of The Floor Room has…
Canon UK witnessed a substantial sales increase but continued to face financial losses in 2023.Sales at Canon’s UK branch rose significantly, nearing a £100m increase, yet…