Sports business in 2019: Industry insiders pick the trends that defined the year December 15, 2019 Izzy Wray, consultant in Deloitte’s Sport Business Group Women’s football The growing popularity of women’s football has been one of the defining sports trends of 2019. The Women’s World Cup smashed TV audience records, with a reported 1bn people watching it worldwide and over 28m people tuning in to the tournament on the BBC. Numerous [...]
Why Roger Federer’s Laver Cup should be a smash hit with brands keen to engage with a tennis audience July 11, 2019 Late in 2016, tennis legends including Bjorn Borg, Roger Federer and John McEnroe unveiled one of the most innovative concepts in the game’s modern age, the Laver Cup. Created by 20-time grand slam champion Federer, the tournament pits Europe’s top six male tennis players against counterparts from the rest of the world over three days [...]
Netflix shares rise as subscribers face an 18 per cent price hike January 15, 2019 Netflix has said it will be raising the prices of its streaming services for US subscribers by as much as 18 per cent, as the tech giant seeks to cover the costs of ploughing heavy investment into its original content. Prices for its most popular standard viewing plan, which allows users to stream content on [...]
Technology is set to be this week’s hottest ticket on Wall Street as its biggest leaders go head-to-head October 21, 2018 This Thursday is set to be a battle of the technology heavyweights, as behemoths Amazon, Alphabet, Snap and Twitter all report their quarterly results. Both Amazon and Alphabet, the parent company of Google, trounced consensus estimates last quarter, with Amazon truly shaking up the game on Wall Street with earnings per share rising over 1,157 per cent [...]
Revealed: The 20 cities Amazon has shortlisted for its new HQ2 January 18, 2018 In Amazon’s X-Factor-style competition for choosing a city for its new headquarters, HQ2, the tech giant has narrowed it down to a 20-strong shortlist from more than 200 entries. Here they are: – Atlanta, GA – Austin, TX – Boston, MA – Chicago, IL – Columbus, OH – Dallas, TX – Denver, CO – Indianapolis, [...]
Microsoft Outlook and Hotmail accounts accessed by hackers April 15, 2019 Microsoft has admitted that hackers had access to some of its Outlook, Hotmail and MSN email accounts for at least three months. The software company would not say how many accounts were compromised in the breach that lasted from 1 January to 28 March. Hackers stole login credentials for a Microsoft customer support agent and [...]
What’s the point of economists? Look to America’s tech giants to find out February 6, 2019 Despite the dire predictions from the economics profession about Brexit, the UK economy is doing well. Growth continues at a steady pace. An all-time record 32.4m people are in work. Unemployment has fallen to levels not seen since the mid-1970s. In contrast, the Eurozone is on the brink of recession – and Italy is already [...]
Financial institutions beware – big tech is moving into banking March 6, 2019 Despite Brexit uncertainties and stock market collapses, British banks concluded their 2018 earnings season with improved performance. Profitability increased thanks to cost drives, while balance sheets strengthened through derisking assets. Banks’ ability to grow revenue, however, remains a perennial challenge. The quest to growth may be harder in the digital age. In a recent report [...]
Boohoo broke rules by advertising real fur as fake, ASA says January 9, 2019 Boohoo has been warned by the Advertising Standards Agency (ASA) after the online retailer was caught advertising a product containing real fur as faux fur. Humane Society International (HSI), which submitted the complaint, claimed that pom poms on a jumper sold by the site contained real fur, rather than fake fur as advertised. Read more: [...]
Why the Fourth Industrial Revolution may create beach hotspots for investors February 27, 2019 The Industrial Revolution resulted in a rail network that has influenced real estate values ever since. Now the Fourth Industrial Revolution is driving the latest wave of value creation – for certain beach locations. Our focus on this blog is on identifying the shifting fortunes of global cities. Part of this involves careful analysis of [...]