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...
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...
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...
Cornish lifestyle company Seasalt reports improved turnover Seasalt, which has more than 60 shops in the UK, has filed accounts for the year to the end of January 2023. Turnover was up from £96.4m to just short of £119m, with gross profit reaching £60.7m. Read more on Fashion Network
Frasers to launch group-wide digital platform The owner of Sports Direct has announced that it is overhauling its digital infrastructure. Frasers is developing a group-wide platform to improve its retail operations and online customer experience across its sports, premium and luxury brands. Read more on Retail Week
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
Q1 revenues soar at beauty group Oddity The owner of Il Makiage and Spoiled Child has reported that revenue increased by 28% to $212m in the first quarter, taking profits up 33% to $156m. Oddity has raised its FY24 guidance for growth to between 23% and 25%. Read more on Cosmetics Business
Watches of Switzerland makes $130m jewellery deal Watches of Switzerland is expanding its US business with the acquisition of Roberto Coin for £130m. Roberto Coin Inc is the sixth largest jewellery brand in the US, with around 400 points of sale. Read more on Retail Week
Wolverine World Wide reports revenue slump The US fashion and footwear group has posted a 34.1% downturn in revenue to $394.9m for the first quarter ended 30 March, after downsizing its business throughout 2023. Wolverine World Wide owns the Merrell, Saucony and Sweaty Betty brands. Read more on Fashion Network
Bumble revenue beats estimates, helped by more paying users The dating app group, which owns the Bumble, Badoo, and Fruitz apps, has recorded a 10.2% uptick in first quarter revenue to $267.8m, beating expectations. Total paying users increased to about 4 million, from 3.5 million a year earlier. Read more on Reuters
Airbnb sees 18% jump in quarterly revenue Airbnb has reported higher Q1 profit, but has said that it expects second-quarter sales and profit to come in below Wall Street estimates. Revenue rose 18% year-over-year to $2.14bn in the first quarter. Read more on Reuters
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
TDR-backed Popeyes plans to double estate in 2024 The US fried chicken brand, whose UK arm is backed by TRD Capital, is doubling down on expansion in the UK. The company has opened its first site in Leeds this week, and has outlined plans for more than 30 new locations by the end of the year. Read more on Propel Hospitality
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
XP Factory reports strong like-for-like growth The operator of the Escape Hunt and Boom Battle Bar brands has posted strong growth in the financial year to 31 March, and double-digit growth in the last quarter. Read more on Propel Hospitality
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