In just three months, The Body Shop has remarkably turned its fortunes around, making a significant profit since its recent rescue from financial difficulties.Under new leadership,…
Browsing: profitability
Patrick Duggan, a seasoned professional with a strong background in fashion, has been promoted to Creative Director at Debenhams.Duggan’s journey includes key roles at Boohoo Group,…
Zopa, a leading London fintech, has successfully secured a significant funding boost, paving the way for its upcoming current account launch in 2025.The latest funding round,…
Zopa, the London-based fintech, has successfully raised £68m in a significant funding round.A.P. Moller, one of Denmark’s largest investors, led the funding round, enhancing Zopa’s unicorn…
The recent Budget has significantly impacted the UK retail sector, prompting urgent strategic adjustments.Retailers voiced concerns about rising operational costs influenced by the Budget’s new tax…
Monzo has appointed a new group CFO from Brazilian fintech Nubank, succeeding James Davies.Tom Oldham will lead Monzo’s financial strategy, steering growth beyond the UK.Mark Newbery…
Sosandar has strategically shifted its pricing model, leading to a 27% decrease in sales but noticeable improvements in profit margins, reflecting their move towards full-price sales.The…
In a remarkable turnaround, Lidl has returned to profitability, driven by a surge in shopper visits and strategic investments.Lidl’s pre-tax profits soared to £43.6 million in…
In today’s challenging economy, making informed investments in technology is crucial for staying competitive and meeting consumer demands.Technical solutions are essential to protect budgets and adapt…
FatFace, a well-known fashion retailer, has reported financial setbacks following its acquisition by Next.During the latest financial year, FatFace experienced a pre-tax loss of £3.2 million,…