Browsing: profitability

Hotter Shoes plans significant increase in UK-based production, targeting one million pairs annually under new ownership.WoolOvers, who acquired Hotter Shoes…

Fenwick has reported a substantial loss as it grapples with high inflation and competitive discounting, underscoring the challenging retail climate.The…

Monzo, the London-based fintech firm, recently enhanced its valuation to £4.5bn following a fresh employee share sale, marking a £400m…

Motorpoint has posted a return to profitability, demonstrating resilience amidst improving market conditions.The company announced a pre-tax profit of £2m,…

Nish Kankiwala will move from CEO to a non-executive role at John Lewis Partnership.Kankiwala’s transition supports a smooth handover to…

Despite the ongoing cost-of-living crisis, Bottega Veneta UK has managed to return to profitability in 2023.Bottega Veneta UK reported a…

Gousto has strategically appointed Murray Lambell as its new Chief Customer Officer to enhance customer experience and expand in the…

Zego, a London-based insurtech firm, restructures to focus on profitability by 2025.The company exits the B2B market to concentrate on…

The Works, a prominent arts and crafts retailer, is grappling with reduced consumer demand and profitability challenges in 2024.The company’s…

Dobbies has announced the closure of 17 stores as part of a broader restructuring plan to tackle unsustainable rent expenses…