Browsing: profitability

Poundland’s parent company, Pepco Group, is examining strategic avenues for the troubled discount brand amidst ongoing financial pressures.A substantial impairment…

The Court of Session in Scotland has approved Dobbies’ restructuring plan, leading to the closure of 12 stores.Dobbies plans to…

Zopa has successfully raised £68 million from investors as it gears up to launch a new current account in 2025,…

Zopa, a London-based fintech, has secured £68m in funding, led by A.P. Moller, as it gears up for the launch…

Debenhams, a notable British retail brand, has successfully reported a return to profitability following a strategic shift towards an online…

The recent acquisition of FatFace by Next impacted its financial performance.FatFace reported significant pre-tax losses after prioritising profit over sales.The…

Ocado will see a leadership change as Adam Warby takes over as chairman from Rick Haythornthwaite starting December 1, 2023.Warby,…

Virgin Wines has managed to maintain stable revenue and improve profitability in challenging market conditions.The company reported a year-on-year revenue…

Virgin Wines has made a significant turnaround by implementing cost-cutting measures.The company recorded a £1.7 million pre-tax profit, up from…

Sosandar, a women’s fashion retailer, revises its sales forecast, while cutting back on discounts to maintain profitability.The company’s pre-tax loss…