The Very Group has posted a significant pre-tax loss for Q1 – the 13 weeks to 28 September ’24 – amounting to £22.9m. This compares with the £5.8m loss it posted for the same quarter last year. Revenue had fallen to £450.2m for the quarter from £473.2m a year prior.
There have been rumours of offers having been made for The Very Group which was formed from a rebranding of the Littlewoods home shopping business and which is owned by the Barclay family, but nothing has been made public to date.
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