Hello Fresh reports soaring customer numbers in first quarter May 7, 2019 Meal delivery service Hello Fresh saw active customers jump 32.2 per cent, boosting revenue to more than €400m. Revenue was up 42.1 per cent from €295.6m in the first quarter of 2018 to 420.1 this year, while Ebitda fell 20.2 per cent to €21.7m. Read more: Hello Fresh revenues soar as it draws up recipe [...]
Green deodorant firm raises million-plus growth fund November 2, 2020 An eco-friendly deodorant has raised millions in seed funding in a round including Jam Jar Investments. Wild, a refillable plastic-free deodorant, was founded in 2019 by former Hello Fresh Marketing Director Freddy Ward and co-boss Charlie Bowes-Lyon. Read more: Get all the news on the US Election and what it means for markets Much of [...]
Shack up or ship out – why London’s rental market is no place for singles May 23, 2023 London’s notoriously cut-throat rental market has long lured couples into cohabitation in desperate efforts to save costs as opposed to it being the next natural step in the relationship. However, over the past 12 months a cocktail of shrinking supply and rising rents has made trying to find a home or even a room in [...]
Hello Fresh delivers healthy growth as it draws up recipe to break even March 6, 2019 Meal kit firm Hello Fresh today posted a surge in its full-year and fourth quarter sales as it eyes plans to break even in 2019. The figures Revenues for the full year soared 41.4 per cent to €1.2bn (£1.03bn). Losses before interest, tax, depreciation and amortisation narrowed from €70.1m to €54.5m. Total number of orders [...]
Why lockdown winners are not vaccine losers February 15, 2021 The past year has brought significant changes to all our lives and sped up the growth of a number of consumer and leisure trends. Online shopping is an obvious example and the same is true for some of the other “lockdown winners”: namely computer games and cook-at-home meal kits. Like online shopping, we think these [...]
Q&A: why are so many investors still ignoring the UK stock market? October 27, 2021 Q: Are UK shares cheap because they’re “old economy” businesses in the banking, oil and tobacco sectors? Bill Casey: When we speak to management teams of UK-listed businesses, many are pulling their hair out, complaining their shares are lowly “rated” compared to US and European-listed peers. They run good quality businesses which we don’t think have [...]
Two Londoners clean up after flipping their business into sanitiser bays July 24, 2020 Two twenty-something Londoners are set to clean up after pivoting their mobile charging units firm into a hand sanitiser supplier. Hugo Tilmouth and Charlie Baron were set to launch ChargedUp, a network of mobile phone charging units which would sit in public places across the capital. But as Covid-19 hit, the firm – backed by [...]
Golden age of tech: Value of European tech firms soar to €618bn October 29, 2020 The value of Europe’s tech firms has soared in the past five years signalling the start of a golden age of tech entrepreneurship on the continent. Technology has become somewhat of a safe haven for investors during the pandemic but figures from Dealroom indicate it is part of a longer trend. European tech companies are [...]
‘Subscription box economy’ helps to fuel parcel delivery surge June 24, 2020 “Just a second, I need to get to the front door – a delivery’s just arrived”: it’s become as familiar a scenario during a Zoom call as someone forgetting that they’re on mute. The sound of doorbells ringing as packages are deposited on doorsteps, with delivery drivers dutifully stepping two metres back, has become a [...]
Podcasts on brink of subscription boom as listeners ready to splash cash on content December 11, 2019 Podcasts could be on the verge of a Netflix-style subscription boom, as the majority of listeners say they would be willing to fork out for premium shows. Just under 60 per cent of podcast listeners said they would be happy to pay for content at an average of £4 per month, or roughly £50 per [...]