Eve Sleep cuts losses as turnaround strategy bears fruit
Online retailer Eve Sleep has reduced annual losses and said its recovery programme is ahead of schedule.
The bedding specialist cut statutory losses by 83% to £2m last year when sales rose 6% to £25.2m and gross margin improved following a focus on profitable sales.
The retailer reported that performance in the year to December 31, 2020, was ahead of expectations and that its rebuild strategy was “essentially complete”.
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