Knickerbox news and archive

Ann Summers pre-tax loss widens to 13.1 million pounds

Lingerie firm Ann Summers pre-tax loss widened to 13.1 million pounds for the year to June 29, 2024 compared to a loss of 3.8 million pounds in the prior year. The last time Ann Summers reported a pre-tax profit was in the year to June 2021 at 6.6 million pounds. Accounts filed with the Companies House show that the Ann Summers and Knickerbox...

Design

Knickerbox up for sale

Ann Summers has reportedly hired accountants KPMG to sell its underwear brand Knickerbox. According to the Telegraph, the retailer is understood to be looking to part with the loss-making underwear brand that it purchased in 2000 in order to “recapture” the success story of the lingerie and adult toys that Ann Summers is known for. Front runners...