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The Independent UK
The Independent UK
Business
Holly Williams

Ann Summers cuts jobs as owners pump in £5 million to loss-making chain

Lingerie and sex toy chain Ann Summers has slashed jobs in the face of tough high street trading and further losses as its family owners also pumped in millions of pounds of crucial funding into the business (Yui Mok/PA) - (PA Archive)

Lingerie and sex toy chain Ann Summers has slashed jobs in the face of tough high street trading and further losses as its family owners also pumped in millions of pounds of crucial funding into the business.

The retailer said it had made a “small number” of its more than 1,000 workforce redundant to cut costs across the group.

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