Asda’s owners have shared a substantial financial payout despite ongoing market difficulties.TDR Capital, Asda’s majority owner, distributed £43.9 million among its partners, marking an increase from…
Browsing: sales decline
TDR Capital, Asda’s private equity owner, received a £44 million payout despite Asda’s ongoing struggles.Newly filed records show TDR’s partners shared a significant profit pot, marking…
Oxford Metrics has reported a decline in sales and profits, attributing this to longer decision-making times by customers.Revenue decreased by over 6%, with adjusted pre-tax profits…
Asos is navigating a transformative journey to regain its market position through strategic initiatives focused on product relevance, collaboration, and customer loyalty.Increased pre-tax losses and declining…
Dave Forsey, former CEO of Sports Direct, is returning to Frasers Group.He will lead international expansion in Asia Pacific, Middle East, and Africa.Forsey begins this new…
Quiz is navigating financial challenges after warning it might run out of cash following poor trading results.The company has engaged advisors to explore financial and strategic…
Frasers Group revises its profit outlook for the year due to significant sales downturn, reflecting increased consumer caution.In the first half of the fiscal year, Frasers…
Mothercare has reported a concerning financial downturn, highlighting several key issues and strategic shifts.The company has shifted from a pre-tax profit of £1.8m to a loss…
The Very Group reports a significant increase in losses, indicating challenges in the retail sector.The company’s pre-tax loss expanded from £5.8m to £22.9m in recent weeks.Operating…
Challenging economic conditions have led to a decrease in sales and widening losses for Very Group in the first quarter.Very Group’s losses before tax rose significantly…