05 April 2024
05 April 2024
The company is facing increased price competitiveness from its primary rival, M&S.
While consumers saw an improvement in current conditions in March, their anticipation for the future became bleaker.
The retailer’s Greenside production site received an £8m investment in 2023.
The collaboration centres on enhancing the CMOS and a central hub for transactions, vital for keeping the market running well.
The group's operating profit also saw a turnaround, posting £66m compared to an operating loss of £12m in the previous year.
The company’s net revenues for the quarter declined by 8% to $1.55bn.
The donation rate of unsold food in the country increased 20% and the composting rate was up by 28%.
GMG will open mono-brand stores and drive e-commerce business for select VF brands.
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