It has never been more important to build an impactful employer brand. In 2024, candidates are looking for more than a competitive salary package: they’re seeking to be part of an organisation with a strong culture, clear values, and a unique...
Who remembers where they were on this day fourteen years ago? I do, because on the morning of 11th May 2010, more than a decade of Labour rule came to an end, the Conservative-Lib Dem coalition began, and some Ministers who had lost their jobs began...
The beauty sector may have reached peak saturation. Over the past few years, it has seemed like everyone – from online influencers to top-tier financiers – has staked their claim in the market, launching brands, incubating startups or making...
A subject I love talking about and debating is whether ‘retail theatre’ in supermarkets is still as relevant today as it was in days gone by. Since Covid, all of my repeat supermarket items have been bought on Ocado. It means that I can do my shopping...
Patrick Kane’s email signature reads: he/him/disabled. “This isn’t because I want more time to complete tasks, or because I need reasonable adjustments,” he says, “but because when I solve a client’s problem, I want them to know that a...
Late last year, I had the privilege of taking four months away from work to go on shared parental leave (SPL) with my daughter. Introduced in 2015 by the Conservative/Lib Dem coalition government, SPL was designed as a flagship policy to make parenting...
On the 1st July 2019, Dorp opened its doors to the public in Cape Town. Since then, my annual visit ‘home’ to South Africa has brought me to this hotel/home from home, on the highest hill underneath Signal Hill and across from Table Mountain. The...
Read the full report here: Lessons in FMCG Employer Branding It has never been more important to build an impactful employer brand. In 2024, candidates are looking for more than a competitive salary package: they’re seeking to be part of an organisation...
In whichever direction you look, the sports industry is transforming: fan habits are evolving, games are getting more diverse and sport media is being reimagined. The space is also becoming increasingly global, attracting billions of dollars in...
Lidl increases pay for third time in 12 months The German discount grocer is making a £2.5m investment in pay, and increasing pay rates for its hourly staff to a minimum of £12.40. The supermarket has invested nearly £50m in pay over the past 12 months. Read more on The Retail Bulletin
Global sales dip at Mothercare The specialist retailer has posted a downturn in revenue, and a 13% decrease in international sales by franchise partners to £281m. Mothercare has said the Middle East market, which accounts for 41% of the retailer's business, continued to be challenging. Read more on Retail Week
Campari eyes further M&A activity After completing the buyout of French cognac house Courvoisier, the spirits group has said that it is targeting more acquisitions. Campari's brands include the Aperol aperitif, Espolon tequila and Wild Turkey whisky. Read more on European Supermarket Magazine
Sales decline at Beyond Meat The plant-based meat alternatives brand has posted a wider-than-expected quarterly loss and an 18% drop in revenue, as consumers cut back on spending. Read more on Reuters
Profitability up at eyewear company Marcolin The eyewear licensing group has recorded flat sales in its latest quarter, but a boost to its profitability. Marcolin net profit rose 7% to €7.3m in the three months ended 31 March. Read more on WWD
Tapestry misses expectations for quarterly revenue For the quarter ended 30 March, net sales came in at $1.48bn at the fashion group, just missing analyst estimates. The owner of Coach has said that it is facing weaker demand for luxury accessories and handbags. Read more on Business of Fashion
Car marketplace startup Cazoo to appoint administrators The used car platform has filed a notice to appoint administrators. In 2022, Cazoo recorded £700m in losses, and in the past two years has exited the European market. Read more on The Guardian
Rightmove reiterates full-year guidance The property website, which has around 19,000 members, has said ahead of its AGM today that it expects revenue to increase by between 7% and 9% for the full year, and for customer numbers to be up 2%. Read more on The Times
Punch reports ‘encouraging’ trading The Fortress Investment Group-backed pub group has reported strong trading for the third quarter, with profitability ahead of the prior year. For the 28 weeks to 25 February, total revenue was £165.1m, compared to £158.1m in the prior year period. Read more on Propel Hospitality
Private equity firms consider Peloton buy-out deal The New York-based fitness company is reportedly in talks with a number of private equity firms for a possible takeover deal. The company has seen its market capitalisation dip from $49.3bn in 2021 to about $1.3bn this week. Read more on Private Equity Wire
British Airways owner posts better-than-expected results International Airlines Group has recorded a strong set of results for the three months to the end of March, posting profit of €68m, up from €9m in the same period last year. Revenue at the group, which also owns Iberia and Vueling, rose to €6.42bn. Read more on The Times
Boparan Restaurant Group looks to triple Giraffe estate Boparan Restaurant Group has announced plans to roll out its Giraffe brand of restaurants, with a focus on openings in global airports. The brand currently has eight sites in the UK. Read more on Propel Hospitality
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