16-09-2024 08:52 via retailgazette.co.uk

Boden ‘back on course’ after losses double

Boden has insisted its recovery is “well underway” despite revealing its losses last year had more than doubled.
The clothing and lifestyle retailer posted a loss of £9.4m in the year to December 2023, compared to the £3.9m in losses it racked up the year prior, Drapers reported.
Sales plunged 13% to £304.5m, dragged down by a sharp downturn in performance in the second half of 2022 that continued into 2023.
However, it stated that a recovery was “well underwa
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