‘Changing retail environment’ leaves Fenwick in the red

Fenwick has published its financial statement for the 52 weeks ending 26 January 2024. The retailer blamed the “cost-of-living crisis and a changing retail environment” for its pre-tax loss of £28.4 million. The year prior, Fenwick’s pre-tax profit sat a £57.1 million, thanks to the sale of its iconic New Bond Street store for £430…

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