Boohoo Group has embarked on a significant fundraising effort amid financial challenges. It aims to raise up to £39.3 million through a proposed share placement.The Group…
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…
Asos reports significant financial challenges, depicting a bleak year of operations.An 18% drop in group revenue positions the retailer in a challenging financial landscape.Operating losses have…
Revenues for VF Corporation have declined by 6% during the second quarter.Sales for major brands like Vans and The North Face also saw declines.Growth was observed…
Virgin Media O2’s sale of part of its stake in Cornerstone reflects ongoing efforts to manage financial strategies amidst revenue challenges.The telecommunications company reduces its ownership…
Asda announces a significant corporate restructure involving job cuts and changes to work arrangements at its Leeds and Leicestershire offices.The company confirms 475 redundancies, equating to…
Pete Redfern, the new chief executive of Travis Perkins, is setting a strategic course for the company’s future.Redfern aims to refocus the company on operational efficiency…
Reckitt has encountered revenue declines, yet remains hopeful with strategic changes planned for 2025.The company noted a 0.5% growth in like-for-like revenue for Q3, but overall…
Ardent Hire Solutions, amidst a strategic restructuring, has reported a notable downturn in its profits.The company’s revenue declined from a prior peak as Ardent shifted focus…
The UK accounting industry witnessed a notable decline this August, with revenues dropping significantly by 8.7%.Despite this month’s setback, the accounting sector’s revenues were still 12%…
