Retailer Ted Baker is expected to tumble to a £65m (€76m) loss after sales were slashed by the pandemic.
The enforced closure of bricks and mortar stores and the group’s focus on occasion-wear and formal clothing had particular heavy toll on its trading last year.
Analysts have forecast that the fashion business will unveil a £65.2m operating loss for the year to January 30 when it updates the market on June 10.
The company’s results announcement has itself been disrupted by Covid-19, having been delayed by two weeks from the planned update on May 24.
A day after pushing back its results, Ted Baker announced that it secured an extension to its refinancing arrangements, including a £90 million credit facility.
Liberum analyst Wayne Brown described the move as a “positive signal” that its lenders remain supportive.
The brand has seen its share price plunge by more than 90pc over the past three years, despite a steady rise so far in 2021.