Browsing: revenue decline

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

Speculation surrounding Boohoo Group’s potential break-up intensifies following reports from major media outlets.The BBC suggests Boohoo’s upcoming strategic review could…

Boohoo Group CEO John Lyttle will step down as the company secures a strategic £222 million refinancing deal.This financial arrangement…

Nike faces significant challenges as it reports a 10% decline in first-quarter revenues, prompting the withdrawal of its full-year guidance.The…

Biome’s revenue declines by 36% amid regulatory hurdles for key clients.Revenue drops to £2.3m in the first six months, mirroring…

Learning Technologies Group (LTG) faces financial challenges due to high inflation and AI growth.The edtech company posted a 12% revenue…

Burberry has announced key leadership changes to enhance its global operations.Jonathan Kiman takes on the role of Chief Marketing Officer,…

Boohoo has reportedly withheld payments to select suppliers due to quality concerns.Approximately 10 suppliers out of Boohoo’s 500 worldwide are…

Ferragamo’s financial performance has seen a marked decline in the first half of 2024.The luxury brand reported a 41% drop…

Heathrow Airport has experienced a remarkable resurgence, recording an unparalleled 39.8 million passengers in the first half of this year.This…