Dr Martens posts kicker revenue despite price rises and supply concerns June 1, 2022 Shares are up over 25 per cent this morning for Dr Martens after the iconic boot maker posted a strong performance in Americas and EMEA, with reported revenue up 29 per cent and 19 per cent respectively for the full year.
Bringing retail investors into the fold creates equality of opportunity from our wealth May 3, 2022 In the 1980s, one of the UK’s most high-profile flotations was the privatisation of the state-owned British Gas. The government’s “Tell Sid” 1986 advertising campaign attracted many of its 500,000-strong army of private investors. During the countdown to the British Gas shares sale, the government courted subscriptions from retail investors in every way imaginable – [...]
Koko founder on £70m relaunch: ‘Camden’s always gonna have edge’ April 28, 2022 Camden’s iconic Koko venue – closed for three years and the victim of a devastating fire in 2020 – finally reopens tomorrow following a £70m renovation. To put that into context, that’s one fifth of the cost the original contractor quoted for building The Shard. It’s a staggering renovation for the historical venue, which has [...]
IT provider Softcat ‘re-doubles’ cyber defences amid Ukraine conflict March 22, 2022 IT infrastructure provider Softcat has been ‘re-doubling’ on its cyber defences amid Russia’s invasion of Ukraine, its CEO confirmed today. The company has been supporting customers with the heightened risk of cyber attacks, CEO Graeme Watt said in a statement, adding that “we are closely evaluating and managing any business risks that may arise as [...]
Wuthering Heights at the NT: Emma Rice finds gold on the moors February 13, 2022 There can be little sympathy for any theatre-goers expecting a traditional retelling of Wuthering Heights in this new version at the National Theatre. Emma Rice is the controversial director who proved too ‘out there’ for Shakespeare’s Globe, her tenure as artistic director cut short after a backlash by the theatre’s more conservative members, who weren’t ready for [...]
London markets mixed as banks soar on looming rate hikes January 27, 2022 London markets were a mixed bag today despite banks surging on the prospect of the global economy lurching into a period of higher interest rates. The capital’s premier FTSE 100 index closed 1.13 per cent higher at 7,554.31 points, while the domestically-focused FTSE 250, which is more aligned to the health of the UK economy, [...]
Dr Martens’ shares dip after wholesale business hit by Covid side effects January 27, 2022 Boot maker Dr Martens’ shares slumped almost 15 per cent on Thursday morning after it said its revenue growth had slowed. Shares dipped after the retailer outlined a decline in its wholesale business while it has prioritised stock for ecommerce and retail stores. The share price has dropped almost 35 per cent in the past [...]
Online firms lead UK listing boom for retailers January 10, 2022 An online shopping boom has led to a rise in the number of retailers listing on the UK stock market this year. Some 10 retailers floated this year – including furniture-seller Made and greetings card firm Moonpig – compared to just three in the past three years. Eight out of ten firms were online firms, [...]
Shares in Dr. Martens fall as key shareholder steps away January 6, 2022 Shares in Dr. Martens were down 11 per cent on Thursday afternoon after its largest shareholder sold a stake in the footwear giant. Private equity group Permira Funds sold 65m shares, a year after it brought the bootmaker to market. Permira, via its Luxembourg-based IngreLux fund, sold its shares at a price of 395p for [...]
Exclusive: London rides wave of floats to snatch Europe listing crown December 20, 2021 London has ridden the crest of a wave of companies listing in the capital over the last year, reveals a fresh study shared exclusively with City A.M. today. The City muscled out its rivals on the continent to take the crown as Europe’s top listing hotspot, research by consultancy KPMG has found. The capital breezed [...]