Best of the Brokers for 15 May 2014 May 14, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com JUST EAT JP Morgan Cazenove begins covering the takeaway delivery service with an “overweight” rating and a price target of 290p. The broker likes the look of Just Eat’s sales growth potential, with high barriers to entry for rivals and a successful management [...]
Xmas hangover causes retailers January blues February 10, 2015 SHOPPERS held back on their spending in January after splashing out over Christmas and Black Friday, according to accountancy firm BDO. Figures from BDO’s High Street Sales Tracker show that sales from stores open at least a year at mid-sized high street chains grew just two per cent last month. Like-for-like sales jumped 10.3 per [...]
Net prophet: Jim Chapman is the biggest star you’ve never heard of June 4, 2015 Photography: Leigh Keily Styling: Ozzy Shah Jim Chapman has the kind of adoring fanbase usually reserved for musicians and sportsmen. He’s a darling of the fashion world, sitting on every designer’s front row. Yet if you’re over 25, chances are you’ve never heard of him. He achieved his fame through vlogging, uploading good-natured clips [...]
Why Engawa is an unusually well thought-out restaurant March 17, 2015 In Japan, the fax machine is still king of the office. While the western hemisphere abandoned it at the first whiff of email, the Japanese persevered, appreciating the personal touch that comes from a hand-written note, even if that note has been broken down into a series of blips and hisses and reassembled somewhere far [...]
Pret A Manger thriving on a macaroni diet April 21, 2015 Quinoa and coffee are the order of the day, Clive Schlee tells Jenny Forsyth PRET A Manger boss Clive Schlee is talking quickly and excitedly. Perhaps he’s just feeling upbeat about the British cafe chain’s record yearly figures – showing a total sales rise of 16 per cent to £594m. Or maybe he’s had a [...]
Greylock fund backs UK based SME specialists June 23, 2014 GREYLOCK IL, the Israeli-UK venture capital firm which has backed Just Eat and Wonga, has joined forced with other investors to invest $30m (£18m) in UK-based financial services company Ebury. The firm, which is an affiliate of famous US venture capital pioneers Greylock Partners, will join with the other anonymous investors to provide debt and [...]
Zenos to speed ahead with sports car production after raising £2m June 30, 2014 SPORTS car maker Zenos has won £2m funding from investors including Carphone Warehouse founder Sir Charles Dunstone. Zenos was founded two years ago by Ansar Ali and Mark Edwards, previously chief executive officer and chief operating officer respectively of Caterham cars. The firm plans to produce its first cars next year, with a starting price [...]
How psychology can make you a better negotiator March 18, 2015 Use empathy and build trust to get better results in negotiation. What can help make you a better negotiator? The common advice is to research your opponent and do your homework on what they want to achieve from the negotiations. But it’s also crucial to recognise the psychology behind the bargaining process. Several studies have [...]
A class of her own: Anthemis founder Amy Nauiokas talks gender and the future of banks May 10, 2015 What makes someone exceptional? Being chief executive of Barclays Stockbrokers by 34? Heading up four major departments at Cantor Fitzgerald in the wake of 9/11? Or setting up and running both a digital financial services investment and advisory firm and a media production company? These are just the highlights of Anthemis and Archer Gray founder [...]
EasyHotel IPO raises just half of target £60m June 25, 2014 EasyHotel has raised just half of the £60m it had hoped to gain for its 30 June IPO on the AIM market. The company has now priced its shares at 80p for the company's flotation on 30 June, implying a market capitalisation of £50m. The £30m the IPO is set to raise will be used to roll out [...]