Roll up for a host of new hot openings December 8, 2010 THERE have been a number of bar openings dotted around the capital in recent weeks. The iconic Oxo Tower (www.harveynichols.com/restaurants/oxo-tower-london) has seen the launch of its new bar with stunning views across the Thames to St Pauls and beyond. The impressive space mixes classic cruise liner-esque lines with modern touches provided by designer Shaun Clarkson, [...]
Chinese fuel shops boost November 8, 2010 LONDON saw a 167 per cent increase in Chinese shoppers in October, compared to the same month last year. The rise has been fuelled by shoppers snapping up designer goods and a Chinese holiday which saw more holidaymakers than ever from the country. As well as the rise in customers the average spend was up [...]
Chinese fuel shops boost November 8, 2010 LONDON saw a 167 per cent increase in Chinese shoppers in October, compared to the same month last year. The rise has been fuelled by shoppers snapping up designer goods and a Chinese holiday which saw more holidaymakers than ever from the country. As well as the rise in customers the average spend was up [...]
JJB issues warning as promotions fail November 11, 2010 STRUGGLING sportswear retailer JJB yesterday warned that full-year results would not meet its hopes after poor recent trading, increasing the chances of the company having to raise additional cash. Shares in JJB, which came close to administration last year, lost up to 29 per cent of their value after the retailer said sales over the [...]
German retail, manufacturing indicators improve sharply December 1, 2010 GERMANY’S retail and manufacturing sectors substantially improved in October and November, indicating a robust recovery in Europe’s biggest economy, figures showed today. German retail sales rose by 2.3 per cent in October, their biggest month-on-month gain in almost three years, according to official figures. The rise was the strongest monthly gain since January 2008 and [...]
Amazon beats profit predictions but falls on extra operating costs October 21, 2010 THE WORLD’S biggest online retailer, Amazon, beat Wall Street expectations with its results yesterday, though shares fell as it announced higher than expected costs in the run-up to the Christmas rush. Revenue soared 39 per cent for the third quarter to $7.56bn (£4.81bn), though operating expenses also rose 40 per cent to $7.29bn. Pre-tax profit [...]
Rose: Shoppers can cope October 25, 2010 Stuart Rose, chairman of bellwether British retailer Marks & Spencer, said consumers can cope with government spending cuts and retail sales will grow next year, even though trading will be tough. “I believe that consumers want clarity and what the chancellor did last week was give consumers absolute clarity about what to expect,” Rose said [...]
Stockholm Syndrome and Dementors rule the law December 21, 2010 A HARD year for the City’s legal market is drawing to a close, and lawyers at those firms that haven’t cancelled their Christmas parties are looking forward to a booze-filled lead up to the New Year. And giving their two cents in RollOnFriday’s annual Firm of the Year survey. There seems to be little festive [...]
How to cut perks without making your team hate you October 27, 2010 I have been asked to get rid of some of my staff’s perks in order to save money, but I am worried about the effect this will have on morale. How can I do this without causing resentment and discord? Ceri Roderick Business psychologist, Pearn Kandola Taking away people’s perks is always problematic – they [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 11, 2010 FINANCIAL TIMES SMARTPHONES IN HACKING RISK Certain smartphone models running Google’s Android operating system have security flaws that could allow hackers to steal personal information or record conversations, researchers said this week. In a demonstration at the Black Hat security conference in Abu Dhabi, a UK researcher showed how a vulnerability in the web browser [...]