The retailer, which also has clothes for hire, blamed “the distraction of England’s success at the World Cup” and hot weather for a 3.3% slump in revenues to £64.5 million for the half year to July. Shares plunged more than 18%, to 38p. It also made a £1.7 million loss, down from a profit of £3.9 million the year before, and warned full-year profits would be “materially lower” than the £2.3 million it previously expected.
