Monzo, the London-based fintech company, has seen a significant rise in its valuation, now reaching £4.5bn after a recent employee share sale.This surge represents a £400m…
Browsing: profitability
Quiz’s chief financial officer, Gerry Sweeney, announces his departure after eight years, amid efforts to reverse declining sales.Sweeney is set to remain active in his role…
N Brown Group reports an uptick in profits despite a decline in revenue, signaling a positive turn for the company.Turnover has decreased, yet profitability has improved…
N Brown Group has achieved a pre-tax profit turnaround despite a decrease in sales, attributed to their strategic digital improvements.The company’s pre-tax profit stands at £200,000…
Nish Kankiwala, CEO of Waitrose’s parent company, is transitioning to a non-executive role as part of strategic changes.Kankiwala will resume his non-executive position in March 2025,…
The UK branch of renowned fashion brand Bottega Veneta has returned to profitability in 2023, showcasing resilience in a challenging economic climate.Despite a notable decrease in…
Vision International Holdings has turned a financial corner, demonstrating resilience and strategic prowess.TJ Hughes, a Liverpool-based retailer, returned to profitability in 2023 with a pre-tax profit…
Gousto has made a strategic appointment to elevate its customer experience by hiring Murray Lambell, former head of eBay UK.Lambell joins Gousto as Chief Customer Officer,…
Zego, the insurance provider for UK food delivery riders, is undergoing significant changes as it focuses on achieving profitability by 2025.More than 100 jobs have been…
Amid rising losses, Asos plans to streamline its head office workforce, significantly impacting around 200 roles.The retailer aims to simplify its organization to return to profitability,…