Burberry keeps momentum from China despite trade war fears January 23, 2019 Fashion house Burberry bucked current concerns over a trade war between China and the US today, as Asian demand for its luxury clothing held up over the festive shopping season. The blue-chip firm, which has been embarking on a major turnaround plan to revive its fortunes for more than a year, said that comparable store sales [...]
FTSE 100 and US stocks slip into the red in choppy session October 14, 2020 The FTSE 100 bucked the European trend and slipped into the red along with US stocks as investors weighed up the path of the coronavirus pandemic, company earnings, and geopolitics. London’s main stock index rose in morning trading. But a sharp climb in sterling set the index back in the afternoon. It was last down [...]
Retail giants urge Sunak to U-turn on abolishing VAT refund for tourists October 19, 2020 A group of 16 UK retail giants has urged Rishi Sunak to U-turn on his plan to abolish the VAT refund for international visitors from next year. The group – which includes the heads of Paul Smith, Ted Baker, The White Company, Fortnum and Mason and Charles Tyrwhitt – said abolishing the VAT refund would [...]
Apple turnover: Former Burberry chief to leave executive role at iPhone maker February 5, 2019 Former Burberry chief executive Angela Ahrendts is to leave her role as Apple's head of retail in April, after five years at the company. Having led Apple's retail and online stores, Ahrendts will now be chasing “new personal and professional pursuits”. It was revealed last month that Ahrendts received a total pay packet of $5m (£3.9m) from Apple in [...]
Global stocks fall as coronavirus fears grip investors February 7, 2020 Global stock markets have fallen as fears resurface about the impact of coronavirus on the global economy. China’s central bank warned last night that its economy will be hit by the outbreak, and Japan reported a jump in the number of cases on board a cruise liner off of Tokyo. US markets opened lower despite [...]
Coronavirus: Gucci owner scraps ad campaigns and store openings in China February 12, 2020 Luxury giant Kering, which owns fashion houses Gucci and Balenciaga, has said the coronavirus outbreak in China will hit sales trends and tourism flows in one of its major markets. The company has halted new store openings and ad campaigns in response to the deadly epidemic. in China which has seen cities go into lockdown [...]
How London Marathon Events has adapted to the pandemic October 7, 2021 This article first appeared in ICAS’ CA magazine. Stephen Dell CA tells Cherry Casey how London Marathon Events has adapted to the pandemic – and why its return to full strength means more than just one day’s race for glory. There are few one-day sporting events as iconic as the London Marathon. Created in 1981 by [...]
Combining technology with human ingenuity can level the workplace inclusion gap December 17, 2020 The pandemic has affected every person on the planet. It is one of those rare things that we all have in common, although each of us will have experienced it in a different way. One thing is certain: whatever may have been said at the start, Covid-19 has not been a great leveller. From age [...]
NFTs and the rise of crypto frauds April 12, 2021 With the rise in popularity of NFTs comes the inevitable rise in bad players looking to exploit the market.
For businesses and countries alike, we must turbocharge the race to net zero September 14, 2020 Ed Boyd, executive director and founder of ReGenerate, proposes a policy to accelerate businesses joining the race to net zero emissions. As any business leader knows, deadlines produce results. And when it comes to tackling climate change, the government has a big one. I am not talking about the waves of economic and environmental catastrophe [...]