Revolution Beauty has reported a significant financial downturn during a strategic transformation phase.The company experienced a pre-tax loss of £10.9m, contrasting with a previous year’s profit.Sales…
Typhoo Tea, one of the UK’s oldest tea brands, faces financial turmoil as it seeks a rescue deal.The brand has filed for administration due to mounting…
In the wake of recent tax changes announced in the Budget, Asda is grappling with substantial financial pressures.Asda Chairman Stuart Rose voiced concerns over a £100m…
Asda announces a £13 million investment in store hours for the festive period, aiming to counteract declining sales.Sales for the third quarter, excluding fuel, fell by…
Despite a nearly 9% drop in sales, New Look managed to reduce its pre-tax losses.The fashion retailer faced challenging trading conditions but reported a reduced pre-tax…
Asda is addressing its sales challenges by requiring head office staff to return to office work three days a week.More than 5,000 Asda employees will be…
A variety of significant events have unfolded in the accountancy world recently. UK-listed companies have marked a notable rise in profit warnings during the third quarter…
In an era of fluctuating economic conditions, New Look has demonstrated resilience by narrowing its financial losses for the year ending 30 March. The fashion retailer…
Reckitt’s recent reporting indicates challenges yet a promising outlook for 2024, based on varied performance across its divisions.Reckitt’s net sales experienced a 0.5% dip on a…
Sosandar, a women’s fashion retailer, has managed to narrow its losses despite a significant drop in sales for the first half of the fiscal year.The company’s…
