In a strategic pivot, Nike has retracted its full-year guidance following a significant drop in initial quarterly revenues, setting the stage for incoming CEO Elliott Hill.The…
Browsing: sales decline
DFS has reported significant losses attributed to external market challenges including shipping delays and increased borrowing costs.The company’s pre-tax loss for the year was £1.7 million,…
Kingfisher, the owner of B&Q, recorded a slight profit increase despite declining sales, primarily due to weak demand for big-ticket items.B&Q experienced a significant 11.6% drop…
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…
Puma’s sales and net income experienced declines in the first half of 2024, prompting adjustments to their financial outlook. The company remains optimistic about improvement in…
Asos is restructuring its executive pay to drive substantial shareholder value through share price growth.The proposed ‘Value Creation Plan’ replaces the existing Long Term Incentive Scheme…
Nike faced a challenging quarter as sales dwindled, leading to a revised fiscal outlook.Revenue for the entire year increased slightly, while quarterly earnings saw a dip.Intense…
Burberry’s Chief Marketing Officer, Rod Manley, is set to leave by the year’s end amidst declining company performance.Manley joined Burberry in 2019, previously working at Calvin…