13-12-2024 08:38 via retailgazette.co.uk

In The Style slashes jobs as it pulls in losses

In The Style is cutting jobs as it battles against falling sales ahead of its return to the London Stock Exchange.
The fashion retailer reported a pre-tax loss of £2.6m for the year to 31 March, compared to its £7.7m loss recorded the year before.
Revenues fell from almost £46m to £30.4m, while UK sales were down from £42.7m to £29m over the same period.
During the period, In The Style slashed its headcount from 179 to 140, having taken “significant step
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