Browsing: operating loss News
Mulberry faces financial challenges, with a 25% increase in operating loss.The company reports a £15.7m loss before tax, reflecting tough market conditions.Revenue has declined 16% year-on-year,…
Burberry reports a significant operating loss amidst declining revenues for the first half of 2024.The company recorded a pre-tax loss of £80m compared to a £219m…
Under the new leadership of Joshua Schulman, Burberry has initiated a significant strategic plan aimed at reversing its financial downturn.The luxury retailer has reported a substantial…
Dune reported an operating loss of £3.9m for the year ending 27 January 2024, a sharp decline from the previous year.The company’s turnover stayed flat at…
BrewDog CEO James Brown is stepping down after two years as CEO and nine years in the company.James Brown joined BrewDog in 2015 and held various…
Brewdog’s recent financial performance has been mixed, with the company facing significant challenges despite growth in certain areas.The company reported an operating loss of nearly £60…
In a striking financial update, the Chartered Insurance Institute Group (CII) has posted a significant operating surplus, while the Personal Finance Society (PFS) encounters its first…
US sportswear giant Under Armour has reported a substantial operating loss in its recent fiscal quarter, citing a decline in sales both domestically and internationally.The company’s…
VF Corporation, known for its iconic brands like Vans, The North Face, and Timberland, is experiencing intensified financial losses.Their recent financial report highlights an operating loss…
Bouygues UK has experienced a challenging financial year with declining turnover and escalating losses.The company’s pre-tax loss rose to £62.1m in 2023, up from £41.9m in…
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