Mark Wright has been appointed as the interim CEO at JoJo Maman Bébé, following the departure of CEO Gwynn Milligan.…
Browsing: financial losses
Saudi Arabia’s Public Investment Fund (PIF) has acquired a substantial 40% stake in Selfridges, partnering with Thailand’s Central Group.This acquisition…
Quorn’s parent company, Marlow Foods, reports significant financial losses amidst a downturn in the plant-based market.Sales fell by 6.9% to…
DFS has reported significant financial losses due to shipping delays and rising interest rates.The company posted a pre-tax loss of…
In an effort to counter rising financial losses, Asos is set to restructure its head office, impacting over 200 roles.The…
Asos is planning to cut over 200 head office roles in response to rising losses.The decision is part of a…
Payhawk, a London-based fintech company, experienced substantial losses in 2023 despite revenue growth.The company’s losses amounted to €32m (£26.8m), marking…
Biome, a bioplastics firm, faces a significant downturn in sales due to regulatory challenges affecting key clients.Sales dropped over 36%…
Boden has announced that its recovery strategy is making progress despite significant losses reported last year.The retailer’s losses more than…
Boohoo faces financial and strategic upheaval as it navigates a competitive market environment.The company has decided to close its US…