Very Group secures fresh funding as it records half-year loss
The Very Group has secured a £125m funding package as it swings to a half-year loss due to “higher interest costs”.
The retailer recorded a loss before tax of £2m in the 26 weeks to December 30, 2023, compared with a profit before tax of £2.1m in the same period the year before – the result of “tough conditions in the market”.
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