Brand Architekts share price drops 20% after consumer confidence weakens sales
The beauty brand house attributed an anticipated 11% drop in annual sales to "challenging" conditions and weakened consumer confidence
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The beauty brand house attributed an anticipated 11% drop in annual sales to "challenging" conditions and weakened consumer confidence
“Her deep brand-building expertise, along with her product development and innovation experience align with the company's most critical priorities today,” Valens CEO Tyler Robson said
For fiscal 2023, group revenue is expected to be essentially flat, while wholesale revenue will decline by double digits
The group announced it received credit approval for a further £5mln headroom from Barclays
"The early months of our financial year are typically the smallest period of the year, representing the tail end of the spring/summer trading period"
KEFI has an extensive portfolio of assets in Saudi Arabia and Ethiopia
The struggling British fashion chain said it had net debt of £21.4mln at end-May, giving £11.3mln headroom within its banking facilities
“The acquisition of Texon will strengthen our existing presence in the highly attractive athleisure footwear market," said Coats chief executive Rajiv Sharma
The UK business owns rival Vuse, which is in a prime position to pick up business from Juul customers
The group's chief executive warned of the cost-of-living pressures facing customers and increased costs in its supply chain
Sales will exceed £24mln in the first half of this year, a record for the group and ahead of expectations at the start of the year
The broker notes that the denial/ban is based on insufficient toxicological evidence
BAT especially benefits further from strong NGP (next generation) momentum
A quiet day in London in the diary and on the streets with another rail strike planned
Research showed more than half of adult cigarette smokers make a serious quit attempt each year, but most do not succeed due to the addictive nature of nicotine
The company, known for its nail polish and lipstick, filed for Chapter 11 to manage debts of between US$1bn to US$10bn
Britain's blue-chip benchmark finished down over 116 points, or 1.54%, at 7,476 on the day
Will the ECB join the central bank rush to hike interest rates?
Will traditional defensive sectors provide the same protection or will things be different?
The group's two largest regions, Americas and Europe, Middle East and Africa saw revenue gains of 29% and 19% respectively, while Asia-Pacific was down 10%