Sale brewing? Starbucks considers disposal of 300-store strong UK operation July 17, 2022 Coffee giant Starbucks is mulling a possible sale of its UK operations against a backdrop of tough macroeconomic conditions. The global coffee titan had requested adviser and investment bank Houlihan Lokey to scout for interest in its UK arm, according to a report in The Sunday Times. Some 300 stores within Starbucks’ 1,000-shop strong UK [...]
NFTs shaking up the music industry March 28, 2022 Adi Ben-Ari explains how non-fungible tokens (NFTs) could one day overtake the music industry's current streaming model.
Building Blocks: Smart contracts – the groundbreaking feature of blockchain technology July 1, 2024 Blockchain’s ability to deploy “smart contracts” represents one of its most revolutionary aspects.
Former Aston Martin dealers file £150m lawsuit over Valkyrie underwriting September 14, 2022 A couple of ex Aston Martin dealers have launched a £150m lawsuit against the luxury car maker over the underwriting of the Valkyrie model. Switzerland-based Nebula Project AG filed a private arbitration case in London, as it argued that it was owed royalty payments worth 3 per cent, sources told the Financial Times. “We are [...]
There won’t be Ascot Witch Hunt if there’s a shock in the opener June 17, 2024 ROYAL Ascot is widely regarded as the greatest horse racing meeting anywhere in the world. Over £10 million in prize money; 35 races; royalty; pageantry; fashion; glamour…there simply is nothing else like it. World Pool, the globe’s largest commingled horse racing pools developed and run by the Hong Kong Jockey Club, will return to Royal [...]
Arm maintaining its lofty US valuation will be indicator for London IPO revival September 15, 2023 Shares in Softbank’s Arm have taken flight, surging nearly 25 per cent above their Nasdaq debut price, marking a triumphant return to the public markets after a seven-year hiatus for the chip designer. A loud reception has bolstered market experts’ optimism for beleaguered IPOs, which has faced substantial headaches in recent years, such as rising [...]
Why Harry Kane’s lifetime contract with Skechers is no average football boot deal August 22, 2023 “Own it, own who you are and own what you want to achieve.” That was the main message that Harry Kane wanted fans to take when announcing his lifetime partnership with Skechers, as the footwear company joined the likes of Castore as disruptors in a sportswear sector long dominated by Adidas, Nike and Puma. The [...]
Arm revenues jump to £620m as Softbank gears up to float UK chipmaker February 7, 2023 British chipmaker Arm said revenues had surged 28 per cent in the past quarter as its parent company Softbank gears up for a much anticipated float at the end of this year. In a trading update on its third quarter trading the Cambridge-headquartered firm said revenues had topped $746m (£620) after its partner firms shipped [...]
Paul McCartney to invest in music start-up Audoo December 13, 2021 Former Beatle Sir Paul McCartney is reportedly among the investors financing music start-up Audoo. McCartney – joining the likes of music firm Tileyard London and Abba singer Bjorn Ulvaeus – is behind the app’s £7.2m funding round, the Times reported. In its pre-series B funding Audoo – which aims to revolutionise the royalty payment system [...]
Slasher film takes the Mickey out of Disney’s hard-earned copyright January 23, 2024 With Disney having just lost its Mickey Mouse copyright, Nicolas Loufrani argues why intellectual property rights are key to creativity.