Womenswear firm Sosandar cuts sales outlook after pivot away from discounts
Sosandar, the women’s fashion retailer, has slashed its sales predictions for the year by £5m today but said a pivot away from clothing discounts would help keep its profits on track. The AIM-liste
Budget uncertainty threatens to freeze growth at small businesses
A significant number of small and medium-sized enterprises (SMEs) have warned their growth ambitions may be at risk if Rachel Reeves doesn’t prioritise their concerns in the upcoming Autumn Budget.
Oil and gas engineer Hunting’s stock plummets as profit forecast cut
Oil and gas engineer Hunting’s stock plummeted this morning after it cut its profit forecast thanks to lower oil prices. Despite reporting a 16 per cent rise in profit during the third quarter, the
Gear4music: Music instrument retailer returns to growth
Gear4music said it returned to quarterly revenue growth as the online musical instrument retailer pursued a new strategy to improve its profitability.
Shoe Zone shares slide: Profit nearly halves as costs put the boot in
Affordable footwear company Shoe Zone has reported a drop in revenue and profit as weak demand and high costs weigh on the high street retailer amid a revamp of its physical estate. Revenue fell by 2.
Wickes returns to growth but warns pent up DIY demand is easing
Home improvement firm Wickes reported it had returned to growth over the summer today but warned its sales were likely to wane as pent up DIY demand eases in the coming months. The London-listed retai
Empresaria shares plummet as staffing firm warns of challenging quarter ahead
In the third quarter, Empresaria reported that net fee income was down four per cent year-on-year.
Sabre Insurance: Motor insurance claims inflation continues to hit growth
Motor insurer Sabre Insurance said it expects annual gross written premium growth to moderate slightly as claims inflation remains elevated.