FY23

Very Group FY23 profits sink on flat sales and increased costs

For the 52 weeks ended 1 July 2023, The Very Group's revenue fell 0.1% to £2.15bn. Very UK sales increased…

Adidas boosts FY23 outlook thanks to lower losses and strong Yeezy impact

Adidas expects currency-neutral revenues to decline at a low single-digit rate in 2023, up from previous forecasts of a decline…

Frasers acquisition spree pays off with ‘record’ double FY23 profit

Frasers Group reported a 15.8% increase in revenue, reaching £5.6bn ($7.2bn) during the 12-month period. The growth was attributed to…

N Brown FY revenue slumps amid weaker consumer confidence

N Brown Group revenue for the year 4 March 2023 fell 5.3% to £677.5m, reflective of challenges with online market…

Dr Martens achieves ‘milestone’ FY23 revenue but profits down

Kenny Wilson, chief executive officer at Dr Martens, pointed out the brand's direct to consumer strategy worked well in EMEA…

Mothercare smashes FY23 but begins refinancing talks

For the financial year ended 25 March 2023, Mothercare reported net worldwide retail sales by franchise partners of £322m (US$405m),…