UK confirms third coronavirus patient February 6, 2020 A third person in the UK has tested positive for coronavirus, the Department of Health has confirmed. The patient, who did not acquire the virus in the UK, has been transferred to a specialist NHS centre. “We are using robust infection control measures to prevent any possible further spread of the virus,” said chief medical [...]
FTSE 100 bosses to meet President Donald Trump during UK state visit May 31, 2019 A group of FTSE 100 chiefs will meet US President Donald Trump during his state visit to the UK next week, Sky News has reported, along with the heads of various US companies. Read more: European stock markets bleed red as Trump takes trade war to Mexico The bosses of Barclays, National Grid, BAE Systems, [...]
City Moves for 21 February – who’s switching jobs at Cushman & Wakefield, Baker Botts and Kingswood Holdings? February 20, 2019 Who’s on the move today? Cushman & Wakefield Cushman & Wakefield has re-hired Duncan Gilliard as a partner in its central London retail team to bolster its market leading offer. Gilliard, who previously worked for Cushman & Wakefield for five years, joins from JLL where he was a director in the London retail team. He [...]
The Hut Group snaps up new office space at MediaCityUK in Salford for tech team August 22, 2018 The Hut Group, one of the UK's largest private companies, has taken up extra office space to accommodate its rapidly expanding head count. The company, which owns beauty and health brands including Skinstore and Lookfantastic as well as range of ecommerce sites, has snapped up space in Salford's MediaCityUK. The area is also home to large [...]
Britain should be proud to be a nation of immigrant entrepreneurs July 9, 2018 Britain isn’t a nation of shopkeepers. We’re a nation of entrepreneurs and wannabe entrepreneurs, and a magnet for entrepreneurial talent from around the world, as revealed by the latest Global Entrepreneurship Monitor (GEM) – the world’s most authoritative comparative study of entrepreneurial activity. The findings from Aston University in partnership with NatWest reveal that 8.7 [...]
Finding value in American growth May 11, 2018 Last year saw global growth accelerate at its fastest pace since the financial crisis as this long-running bull market defied expectations and found another gear. It was a period of synchronised global growth reminiscent of yesteryear – a brief boon for global stock market investors. But with growth inevitably cooling in 2018, the challenge now [...]
Moncler owner Eurazeo builds on consumer brands success to launch dedicated division investing up to €800m, headed by former Victoria’s Secret COO Jill Granoff June 1, 2017 French private equity giant Eurazeo, which owns fashion brands such as Moncler, Desigual and Farfetch, is to stamp its mark on the consumer brands sector by launching a dedicated division. The investment firm, which is listed in Paris, will transfer €600m to €800m from its own balance sheet for the new Eurazeo Brands initiative. It [...]
Estée Lauder: The woman behind the brand May 2, 2017 Estée Lauder's story could have started on the stage. Before her head was filled with visions of making women beautiful, the woman who would revolutionise the cosmetics industry wanted to be an actress. But, the business of beauty pumped through her veins. Stage Gem Estée toyed with becoming an actress, as she believed that “actresses [...]
Estee Lauder’s share price climbs as it grows sales February 2, 2017 Beauty group Estee Lauder Companies' share price climbed four per cent as it reported strong sales in its second quarter results. The figures The company – which owns brands such as MAC, Clinique and Bobbi Brown – reported net sales of $3.21bn (£2.56bn) for the quarter ending 31 December, up three per cent as compared to the [...]
Estee Lauder posts model results as it ploughs ahead with restructuring plans August 19, 2016 Estee Lauder strutted its stuff today with a strong set of results, posting its fourth consecutive quarterly sales increase. The figures Estee Lauder's sales jumped 4.8 per cent in the quarter, with sales in the company's make up arm climbing 10.2 per cent to $1.13bn (£0.86bn). Net income dropped to $93.5m (£71.46m) – down by 25 cents per share – in the quarter [...]