Ann Summers announces staff cuts due to challenging market pressures.CEO Maria Hollins asserts that the decision was not taken lightly.The company faces high taxation and rising…
Browsing: turnover
Ann Summers faces significant challenges as it trims its workforce to manage rising costs.The company has announced a planned reduction of 20 to 30 positions to…
Hawksmoor, the upscale steakhouse chain, has reported impressive financial growth and is eyeing a £100m valuation amid record sales.The London-based chain saw its turnover rise to…
McDonald’s UK operations have faced a sharp decline in pre-tax profits, falling from £170.8m in 2022 to £66.3m in 2023, amidst economic challenges.Despite the profit drop,…
Manchester Central has reported an impressive turnover of £27.2 million for the fiscal year ending in March 2024, marking a 6.2% increase from the previous year.The…
Despite economic challenges, Newcastle Racecourse sees a significant rise in profits, driven by increasing spectator turnout.The racecourse’s turnover rose from £20.3m to £22.2m in 2023, marking…
Independent department store Fenwick has reported substantial financial losses, citing challenging economic conditions.Fenwick experienced a pre-tax loss of £28.4 million, contrasting sharply with a previous year’s…
The recent financial documents reveal Sipsmith’s persistent challenges and a decline in sales over five years.Sipsmith experienced a significant drop in turnover to £14.2 million in…
In an impressive financial turn, New Balance’s UK division has seen a dramatic increase in both sales and profit over a brief span.New Balance’s UK sales…
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…