Browsing: financial challenges

Burberry’s leadership is undertaking decisive actions to tackle significant financial challenges.The company’s revenue has fallen by 20% over the past…

The Fenwick flagship in Newcastle has unveiled its 2024 Christmas display, reimagining ‘The Twelve Days of Christmas’.Created by Propability, the…

Brand Architekts reports a 15% sales decline as it shifts strategy towards fewer core brands.The company cites discontinuation of unprofitable…

Frasers Group’s £111 million offer to acquire Mulberry has been declined by Mulberry’s majority stakeholder.Challice, holding a 56.4% stake in…

Quiz’s Chief Financial Officer, Gerry Sweeney, is resigning after an eight-year tenure, effective March next year.During his tenure, Sweeney played…

Gucci announces the appointment of Stefano Cantino as its CEO, effective January 2025.Stefano Cantino transitions from deputy CEO to the…

In a significant corporate development, Mulberry has declined an £83 million takeover bid from Frasers Group. This decision underscores the…

Mulberry seeks to secure £10 million in funding amidst financial challenges.The company reports a pre-tax loss of £34.1 million for…

Boohoo Group inaugurates a new 6,700 sq ft showroom in Soho for its primary labels.Located on Great Pulteney Street, the…

A recent report highlights the substantial challenges female founders face in securing finance.Nearly 39% of female entrepreneurs struggle to expand…