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…
Browsing: pre-tax loss
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…
John West’s recent financial results reveal a pre-tax loss of £6.7m in 2023 marking its first deficit since 2010.The Liverpool-based company failed in its attempt to…
Fiskars UK, renowned for its historic brands, faces challenges despite surging sales in iconic stores.Despite strong retail performance, Fiskars UK’s pre-tax loss underscores broader financial issues.Significant…
The OT Group, headquartered in Greater Manchester, faces financial setbacks amidst changing work trends, leading to its decision to leave the UK market.A pre-tax loss of…
Frasers Group, led by Mike Ashley, proposes an £83m acquisition of Mulberry, voicing concerns over the retailer’s financial engagement. This strategic move comes after Mulberry’s announcement…
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…