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,…
Browsing: profitability
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,…
Boden is charting a path to recovery, despite seeing a significant increase in its financial losses last year.The company’s losses increased from £3.9 million to £9.4…
Boden, a clothing and lifestyle retailer, navigates financial hardships, showing early recovery signs for 2024.The retailer’s losses increased to £9.4 million in 2023, a significant rise…
The John Lewis Partnership is experiencing a notable resurgence, as evidenced by its improved financial performance in the first half of the year. CEO Nish Kankiwala…
The retail industry is witnessing a heated debate over return policies as major companies balance profitability with customer satisfaction.Online retailers are constantly reassessing their return policies…