Mytheresa, a luxury online retailer, reports a significant increase in losses despite higher sales figures.The company’s net sales rose by 7.6% year-over-year, reaching €201.7m in a…
Browsing: operating losses
Asos has come under scrutiny for increasing its CEO’s pay despite notable losses.José Antonio Ramos Calamonte, Asos CEO, received a substantial 44% pay rise during challenging…
Asos has seen a notable financial downturn, reporting a £380m loss.Group revenue has decreased by 18% year-over-year, amounting to £2.9bn.Operating losses have increased by 34%, reaching…
Asos recently disclosed its full-year financial results, highlighting considerable challenges yet displaying early positive signs.The company’s group revenue experienced an 18% decline, marking a challenging year…
Tyneside tech firm Petards reports stable half-year revenues but foresees potential shortfalls in full-year expectations.The company’s operating losses have increased, exacerbated by the strategic acquisition of…
Victoria Beckham’s brand reports a significant reduction in operating losses, highlighting financial improvement.The operating losses for Victoria Beckham’s brand have decreased to £0.2 million in 2023,…