Tag : Footasylum
Footasylum has warned that its full-year profit and margins will be lower than expected after it was forced to discount heavily to keep up with its competitors over Christmas.
Footasylum credit insurance cutSubscription
At least two credit insurers have withdrawn cover from Footasylum and another has placed it in “special measures” following the footwear retailer’s recent profit warning and concerns about its ongoing weak trading performance, Drapers has learned.
Discounting hits profits at Footasylum Subscription
Footwear retailer Footasylum swung to a loss of £4m in the 26 weeks to 25 August, compared with a profit of £2.3m for the same period the previous year.
Footasylum issues profit warningSubscription
Sports footwear retailer Footasylum has issued a profit warning for 2019, despite seeing an 18.5% revenue rise to £98.6m for the six months to 25 August 2018.
Footwear retailer Footasylum has announced a 33% jump in revenue to £194.8m for the year to 24 February 2018, thanks to a “comparatively resilient” youthful consumer.
Ecommerce boosts Christmas revenues at Footasylum Subscription
Footwear retailer Footasylum has reported revenues of £89.8m for the 18 weeks to 30 December, up 33.4%.
Clare Nesbitt, CEO, Footasylum Subscription
High Street Hit or Miss: footwear autumn 17Subscription
Continuing our series of Hit or Miss reports, the Drapers mystery shoppers put the footwear stores at Essex’s Intu Lakeside shopping centre to the test
Footasylum shares leap following IPOSubscription
Footasylum’s share price was up 23.41% following its admission to the London Stock Exchange’s Aim on 2 November.