Falling Rolex prices are fuelling a sales boom Retail The holiday season has always been pivotal for luxury watch sales, and this year brings a particularly promising outlook. Contrary to the usual holiday price hikes in many markets, the secondary watch market has seen notable price declines. Over the past year, prices for iconic brands like Rolex have dropped by an average of five [...]
Messi and LeBron beaten to top spot in athlete marketability rankings Sport Business US gymnast Simone Biles has beaten LeBron James and Lionel Messi to be named the most marketable athlete in the world by sports industry experts. Real Madrid and Brazil footballer Vinicius Jr is second, followed by NBA legend James, women’s basketball sensation Caitlin Clark and Messi in the list published by SportsPro magazine. Biles, who [...]
Out of juice? Tropicana warns high fruit prices will affect profit Business Drinks giant Tropicana has warned its lenders that profit will come in below its forecasts this year, according to reports. Tropicana told lenders this month that it expected to achieve an underlying profit of £241m in 2024, flat year on year and below the £280m it had previously forecast, according to The Sunday Times. The [...]
Pizza Hut Europe serves up profit after £106m loss September 10, 2024 The European arm of Pizza Hut has surged back into the black after making a loss of almost $140m (£106.4m) , according to newly-filed documents. The London-headquartered division has reported a pre-tax profit of $12.2m (£9.3m) for 2023, after posting a pre-tax loss of $139.4m in 2022. New documents filed with Companies House also show [...]
Yum: KFC and Pizza Hut owner surges back into the black August 5, 2024 Yum! Brands, the owner of KFC and Pizza Hut surged back into the black last year after a bumper year for its brands.
Amazon says consumers cautious as it forecasts revenue below Wall Street targets August 2, 2024 Amazon reported slowing online sales growth in the second quarter and said cautious consumers were seeking out cheaper options for purchases, sending shares down nearly eight per cent.
Mitie: Shard-based outsourcing giant swoops for electrical engineering firm ESM Power July 17, 2024 Outsourcing giant Mitie has landed a high-voltage deal as it acquired leading electrical engineering firm ESM Power.
Carlsberg strikes £3.3bn deal for FTSE 250-listed Britvic July 8, 2024 Directors at Britvic said the offer was "fair and reasonable" recommending unanimously that shareholder vote in favour of the scheme.
Mark Kleinman: Challenging times for challenger banks June 27, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City A.M. column. Today, he looks at challenger banks, Carlsberg's Britvic play and office space woes
Tyson Fury 34-1-1 career boxing record IN FULL June 25, 2024 The Gypsy King Tyson Fury will be eager to get back to winning ways after his loss to Oleksandr Usyk in Saudi Arabia. He takes on the Ukrainian this weekend in the Kingdom in December. He has won 34 of his 36 fights; 24 of those have come by knockout and 10 by decision. He [...]