Boohoo Group has announced a new fundraising initiative to tackle its mounting financial losses. The company reported significant losses in its latest financial results, and aims…
Browsing: pre-tax loss
Castore, supported by Andy Murray, reports a significant annual loss despite increased sales.The company experienced a pre-tax loss of £28.8m after previously making a profit.Extraordinary costs,…
New Look, a fashion retailer, reports a reduced pre-tax loss amidst challenging trading conditions.The company’s total revenue dropped significantly, influenced by cost-of-living pressures and store closures.Retail…
Following a recent acquisition by Next, Fatface has reported financial losses, despite efforts to align operations.Fatface recorded a pre-tax loss of £3.2 million in the 35…
After a recent £504m take-private deal, Lookers has reported a pre-tax loss, reflecting substantial financial turbulence.The Cheshire-based dealership experienced a decline from a £73.9m profit in…
In a noteworthy strategic shift, Sosandar, a women’s fashion retailer, has revised its sales forecast downwards by £5 million for the year.This move comes as Sosandar…
Despite facing challenges, womenswear retailer Sosandar shows resilience with narrowed losses and strategic initiatives.The company recorded a pre-tax loss of £0.7m for the half-year, recovering from…
Independent department store Fenwick has reported substantial financial losses, citing challenging economic conditions.Fenwick experienced a pre-tax loss of £28.4 million, contrasting sharply with a previous year’s…
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 has reported a significant pre-tax loss, highlighting the difficulties faced in the current market.The company’s sales have contracted by 15%, falling to £701.5 million…