Superdry’s financial forecasts indicate continued revenue decline following its exit from the London Stock Exchange in July.The annual report revealed a significant drop in sales, while…
Browsing: revenue decline
British fashion house Burberry reports a significant operating loss, leading to strategic shifts.A pre-tax loss of £80m was announced, contrasting last year’s £219m profit.Revenue dropped 20%…
VF Corporation, despite owning well-established brands, has seen a 6% drop in revenue for the second quarter, totaling $2.8bn.Sales for renowned brands such as Vans and…
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…
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…
Boohoo Group confronts significant changes with CEO John Lyttle stepping down and a debt refinancing deal underway.John Lyttle will exit his role, although he plans to…
River Island, the prominent high street retailer, has reported a pre-tax loss of £30 million attributable to increasing digital competition and operational challenges.A significant decline from…
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…
THG is conducting a detailed evaluation of possible demerger structures for its Ingenuity service.The company aims to streamline its operations into two main entities: THG Beauty…
Burberry, a prominent name in British luxury, has been removed from the FTSE 100 index due to a substantial drop in its share price.Over the past…