Mothercare has turned a financial corner, reporting profits for the fiscal year ending 30 March 2024.The company’s adjusted EBITDA saw a 3% increase, reaching £6.9m.Total franchise…
Browsing: financial recovery
Mulberry’s largest shareholder, Challice, has rejected Frasers’ revised takeover bid, indicating it as an ‘unwanted distraction.’The rejection follows Frasers’ increased offer from 130p to 150p per…
Mulberry, a luxury brand known for its iconic Bayswater handbags, recently rejected a revised takeover bid from Frasers Group, describing it as an ‘unwanted distraction’.Challice, the…
After a challenging financial year, Revolution Beauty is setting its sights on recovery with a new strategic approach.The company forecasts a return to sales growth in…
In a definitive move towards financial stability, Zapp has drastically reduced its workforce and shifted its operational focus in a bid to cut costs.The decision to…
John Lewis has reinstated its price pledge ‘Never Knowingly Undersold,’ pleasing numerous stakeholders.The pledge now includes major online retailers like Amazon, expanding its reach.This decision follows…
Cirata, a data firm based in Sheffield, is navigating complex challenges in its turnaround efforts.The company’s interim results indicate some financial recovery with increased revenues and…
VF Corporation, known for brands like Vans, The North Face, and Timberland, faces financial challenges but plans strategic measures to recover.The company reported an operating loss…
Peter Ruis is spearheading a transformative initiative at John Lewis to enhance customer service by increasing staff presence, adopting a ‘Selfridges-style’ approach.The strategy involves negotiating lower…