MBS Intelligence

People & Profiles

Wednesday morning was a moment for me to reflect on my career and to share in the celebration of my long-standing client and friend Andrew Jennings, who has just published a book, Almost Is Not Good Enough. And so to the beautiful drawing room at Fortnum...

The rise of the spook (and it’s not Halloween!): Do we take security seriously enough?

Retail

I remember a number of years ago sitting with a FTSE 100 CEO whose company was being threatened by a hostile takeover. He showed me his pay-as-you-go mobile phone and explained that whilst the deal was going on, he had been advised to change his phone...

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People & Profiles

‘Almost Is Not Good Enough’: Lessons in retail from…

Wednesday morning was a moment for me to reflect on my career and to share in the celebration of my long-standing client and friend Andrew Jennings, who has just published a book, Almost Is Not Good Enough. And so to the beautiful drawing room at Fortnum...

Leadership & Talent

The CEOs of the future may come from unexpected…

It was a great pleasure to welcome William Kim, CEO of AllSaints, as the host of a dinner and roundtable discussion held in partnership with MBS this week. We always like to mix people together and get views from different ends of the spectrum, and that...

Concept & Creative Direction

Will Men’s Fashion Week survive?

The menswear fashion shows are all but over and once again, they are showing that the barriers between the genders are continuing to dissolve, and cultural identities are becoming much more fluid. A recent report on London Fashion Week Men’s from last...

Trends & Emerging Markets

The rise of the spook (and it’s not Halloween!):…

I remember a number of years ago sitting with a FTSE 100 CEO whose company was being threatened by a hostile takeover. He showed me his pay-as-you-go mobile phone and explained that whilst the deal was going on, he had been advised to change his phone...

Tech & Innovation

Corporates: Start Prospecting for ‘The New Oil’ now. Data…

On Thursday evening, The MBS Group was honoured to host an event with our partners LocalGlobe on the potential for data to change every aspect of life as we know it. At Google UK’s stunning King’s Cross headquarters, we brought together more than 70...

Marketing & Strategy

Bold change at the top can give department stores…

Many of the oldest retail brands on the high street are department stores. From Fortnum & Mason, which opened its doors in London in 1707, to the opening of the first Macy’s in New York in 1858, these companies have been stalwarts of the retail...

Events & Thought Leadership

Thought Leadership

A transitionary period for the leisure industry

The MBS Group brought together a group of industry-leading chief executives from the casual dining, QSR and hospitality sectors to debate the issues relating the implications of Brexit and...

 

Hiring for high growth tech companies: the changing role of the CMO

What does marketing mean in the today’s tech-driven, consumer-savvy world? In a constantly changing landscape, where start-ups succeed or fail at pace and the role of marketing is dramatically different in each stage of a business’s growth, it’s...

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MBS News

Retail

17 November 2017 - 8:12

Mountain Warehouse sees 18% jump in half-year profits to £4.7m The outdoor goods retailer reported a 19.3% rise in overall sales in the six months to 27th August, with international sales up 50.3%. The business plans to enter the Netherlands and Czech Republic with bricks-and-mortar stores early next year. Read more on Retail Week

16 November 2017 - 15:21

Asda reports sales rise for second consecutive quarter The Walmart-owned retailer said like-for-like sales rose by 1.1% in the third quarter of the year. Walmart's president and CEO Doug McMillon said Asda's "improvements in store experience and price investments are increasing store basket sizes". Read more on BBC News

Consumer Goods & Services

17 November 2017 - 15:42

Pepsi launches new chat bot for ordering drinks at events The soft drinks brand has tested the new Facebook Messenger chatbot, called Bot-tler, during an event in Dubai. The bot allows people to order their preferred Pepsi drink and notifies them when it is ready to be picked up. Read more on FoodBev Media

17 November 2017 - 8:23

Nationwide posts an underlying half-year profit of £588m Nationwide said its underlying profit had increased once a £100m one-off gain from asset sales in the same period a year ago was taken into account. CEO Joe Garner pointed to "intense competition" and "declining consumer confidence" in the marketplace. Read more on Reuters

Fashion, Lifestyle & Luxury

17 November 2017 - 15:58

Aquascutum posts full-year turnover of £12.5m The business said it is taking action on both pricing and purchase costs to deal with the impact of the low value of sterling. Gross profit fell by 9.2% to £3.7m, though operating losses narrowed to £4.8m, down from £6.7m the year before. Read more on Drapers

17 November 2017 - 8:37

Tom Ford set to open first beauty store next week The new Tom Ford Beauty boutique, which is due to open on 20th November in London's Covent Garden, is the brand's first freestanding store. The brand, owned by Estée Lauder Cos. Inc, is already available online. Read more on WWD

Digital

17 November 2017 - 15:52

Stitch Fix raises $120m from IPO The online personal shopping service began trading on the Nasdaq stock exchange at a share price of $16.90. The business operates a subscription box model in which customers pay to receive regular shipments of goods. Read more on TechCrunch

17 November 2017 - 8:56

Spotify becomes latest tech company to commit to London after Brexit The streaming giant is planning to double its current 200 staff in the UK over the next two years. The roles will have a particular focus on research and development. Read more on City AM

Private Equity

17 November 2017 - 16:03

CVC-backed Sky Bet extends English Football League sponsorship deal Following the deal, the gambling company will remain the headline sponsor for the Championship, League One and League Two football divisions until the summer of 2024. The business is majority owned by CVC Capital Partners, with Sky holding a 20% stake. Read more on BBC News

17 November 2017 - 8:50

Trilantic Europe acquires mental health group Oberberg Based in Germany, Oberberg Group is an operator of psychotherapy, psychiatry and psychosomatic acute clinics. The clinics operate under different brands including Somnia Privatkliniken. Read more on Real Deals

Travel, Leisure & Hospitality

17 November 2017 - 16:07

Europcar Group launches new franchises in nine countries The car rental group has opened new franchises in Israel, Lebanon, Rwanda, Senegal, Cambodia, Guatemala and Mali as it looks to accelerate its global growth. The franchises are for its two major brands, Europcar and InterRent. Read more on Breaking Travel News

17 November 2017 - 8:47

AirBaltic reports record number of passengers The airline, which has a network spanning Europe, Scandinavia, Russia, CIS and the Middle East, said it carried over 319,000 passengers in October 2017, up 26% on the same period last year. It marks the fifth record month in a row for the airline. Read more on Breaking Travel News

Arts Agenda & Recommended Reading