It also returned to profit, for the first time since 2018, making £30.5 million for 2023.
The company confirmed the £50 million cuts today, which means more than a fifth of its staff are going. It announced new plans for £30 million more cuts before the end of the year.
Daniel Frumkin, chief executive, called it "a very tough decision" but one that was "a key step in helping support our long-term sustainability".
Denne historien er fra March 13, 2024-utgaven av Evening Standard.
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Denne historien er fra March 13, 2024-utgaven av Evening Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Kylie Minogue loves the bar at Louie, startling Beefeaters and snooping in The Conran Shop
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