Nespresso is teaming up with John Lewis to open two new boutiques November 30, 2016 Nespresso is partnering with John Lewis to open two new coffee boutiques. The luxury brand has been expanding in the UK, because, as Nespresso's UK and Ireland managing director Francisco Nogueira says, the UK consumer "is moving from one that is passionate about tea to one that is passionate about coffee – and especially quality coffee". The [...]
Online sales soared by over 20 per cent on Cyber Monday November 30, 2016 Cyber Monday was bigger than ever this year, with online sales growing 22 per cent. Shoppers' appetite for cheap goods online has not waned. According to Worldpay, there were 133 payments per second, with global online sales peaking at 16.01. Read more: John Lewis just had the biggest week in its trading history Shane Happach, [...]
One of the UK’s largest breweries just crowdfunded £2.5m, proving the people want craft beer November 30, 2016 The UK's second largest craft brewery, Innis & Gunn, just doubled its crowdfunding target, allowing it to accelerate growth and open its first bar-restaurant in England a year ahead of schedule. The Scottish brewery raised nearly £2.5m on the investment crowdfunding platform Crowdcube in a campaign launched on 1 November. The company had sold 4.79 per cent of its share capital to 2,012 investors at the [...]
The cost of Christmas dinner has dropped 10 per cent since 2009 November 30, 2016 Inflation may be creeping up, but the price of your Christmas dinner isn't – in fact, this year's festive feast may be cheaper than ever before, after a new study suggested its price has fallen 10 per cent since 2009. Good Housekeeping's Christmas index found the cheapest place to buy turkey and all the trimmings [...]
How can you monitor data in 810 billion photos? November 30, 2016 | City Talk Have you been watching the epic Planet Earth 2 from the BBC? If so, you'll have been amazed at the roving drone that filmed billions of locusts in Madagascar. How about the jaw-dropping footage of a starving lioness trying to take down a giraffe at full chat? You were there. Almost. The images were simply stunning. Combine them with some 810 billion [...]
17 years sleeping, a year in the pub, seven months queuing: How a British adult spends their lifetime November 30, 2016 Ever wondered quite how much time you spend binge-watching series after series on Netflix? Well, wonder no longer as Samsung has surveyed 3,000 UK adults to assess just how Brits spend their time in 2016. The average British adult will have spent 17 years and 41 days sleeping, 13 years and three months working, eight years [...]
Consumers’ own-label attitudes could pose a challenge to big brands November 30, 2016 Last week, Morrisons announced it was bringing back the Safeway brand. Originally a chain of supermarkets that the retailer absorbed in the mid-2000s, Morrisons has decided to launch a new range of own-label goods under the Safeway banner. An analysis of YouGov Profiles data shows that there are notable divergences among customers of certain supermarkets. [...]
Carlsberg is launching a £15m rebrand of its Carlsberg Export in a last-ditch effort to save lager November 29, 2016 Carlsberg announced it will spend £15m in marketing its Carlsberg Export brand, in a push to save the lager. The new design will reflect the brand's Danish heritage while giving it a more premium feel. Read more: Carlsberg falls flat as profits miss expectations The design takes inspiration from the cross on the Danish flag and incorporates the [...]
Diageo settled a lawsuit in North America over trademark infringement November 29, 2016 Diageo North America has settled a lawsuit with a US-based bourbon whiskey distiller and distributor over trademark law violations. Allied Lomar argued that Diageo infringed registered trademarks on the term "Stitzel" with the name of its Stitzel-Weller Bourbon distillery and brand labels including their Blade and Bow Bourbon. Allied, which said it first registered the [...]
Low-cost cakes beat Brexit blues as Patisserie Valerie’s owner reports profits and revenue are still growing November 29, 2016 Economic uncertainty doesn’t stop consumers from indulging in inexpensive cakes, the owners of Patisserie Valerie have found. Patisserie Holdings reported increased revenue and profits for the tenth consecutive year. The figures Revenue grew 13 per cent to £104.1m for the year ended 30 September, and online sales increased by 23 per cent to £3.8m. Profit before tax [...]