Topps Tiles warns of lower profit margins on cost headwinds

Topps Tiles had said it expects annual gross margins to be "moderately lower" compared with last year, as it battles costs.

Topps Tiles had said it expects annual gross margins to be “moderately lower” compared with last year, as it battles costs.

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Get ahead of your competition: Luxury Sector 2022 Report

The trend is clear: online is set to become the leading channel for luxury purchases by 2025. Online shopping for luxury goods increased in value by 50% and nearly...