Turnbull & Asser reports widening loss amid restructuring and investment

London-based luxury shirtmaker Turnbull & Asse has reported a widening loss for the financial year ended January 25, 2025, as the company undertakes a significant internal restructuring and investment program. According to the latest filings, the heritage brand posted a loss after taxation of 1.73 million pounds (2.35 million dollars), compared to a loss of 1.37 million pounds in the previous year.