HMV sales plunge by 10pc in World Cup blow September 9, 2010 Music, books and games retailer HMV Group reported a 10.6 per cent fall in sales for the first quarter as the World Cup distracted customers from DVDs and books. The group, which is trying to widen its product mix with live music and ticketing, said it was pinning its hopes on a successful Christmas period. [...]
HMV sales plunge by 10pc in World Cup blow September 9, 2010 Music, books and games retailer HMV Group reported a 10.6 per cent fall in sales for the first quarter as the World Cup distracted customers from DVDs and books. The group, which is trying to widen its product mix with live music and ticketing, said it was pinning its hopes on a successful Christmas period. [...]
Real estate shares surge as bid for CSC sparks appetite November 25, 2010 BRITAIN’S leading shares pushed higher yesterday, buoyed by strength in heavyweight miners and banks, and by gains from real estate issues as Capital Shopping Centres bounced on bid interest. At the close, the FTSE 100 was up 41.83 points, or 0.7 per cent, at 5,698.93, dipping back in the closing auction after hitting a late-afternoon [...]
ODD JOBS November 10, 2010 GENERAL MANAGER, THE MERCER Before he made the move to Threadneedle Street restaurant The Mercer, Bedford ran restaurants such as Dakota in Notting Hill, The Collection in Chelsea and Mocota in Knightsbridge. Although he enjoys all aspects of managing a restaurant, wine is a special interest that has only intensified during his time in the [...]
THE TRUTH BEHIND THE BAILOUT IN IRELAND November 30, 2010 SHORT of holding a gun to his head, how did the IMF persuade Brian Cowen to accept Ireland’s €85bn (£72bn) bailout, just hours after he denied the country was in financial trouble? Well, according to a new Taiwanese news animation, holding a gun to his head was exactly what it did. The same firm that [...]
THE TRUTH BEHIND THE BAILOUT IN IRELAND November 30, 2010 SHORT of holding a gun to his head, how did the IMF persuade Brian Cowen to accept Ireland’s €85bn (£72bn) bailout, just hours after he denied the country was in financial trouble? Well, according to a new Taiwanese news animation, holding a gun to his head was exactly what it did. The same firm that [...]
Dell shows off new tablet PC September 23, 2010 BlackBerry maker RIM is understood to be ready to unveil an “iPad killer” tablet computer at its annual DevCon conference next week. The firm has been rumoured to have been working on a tablet device since the roaring success of Apple’s iPad. But few expected it could have the “BlackPad” ready in time for the [...]
Ted Baker revenue rise is fuelled by womenswear October 7, 2010 FASHION chain Ted Baker yesterday reported a 25 per cent leap in half-year profits but issued a cautious outlook for the full-year due to the “uncertain economic environment”. For the 28 weeks to 28 August, pre-tax profits rose to £7.5m while group revenues came in at £88.1m, up from £76.6m the year before. Womenswear sales [...]
GETTING THE PRICE RIGHT IS CRUCIAL November 11, 2010 MD & FOUNDER OF FINE WINE MERCHANT BORDEAUX INDEX AS THE giddy prices achieved at the recent auctions in Hong Kong confirmed, the right price for anything is what someone’s willing to pay for it. With premia to market averaging around 60 per cent on over £10m of widely available stock, it speaks more of [...]
FED DECISION DOES NOT END UNCERTAINTY November 1, 2010 CFD MARKET STRATEGIST, GFT THE two-day US Federal Open Market Committee (FOMC) meeting ends tomorrow. This should end months of speculation over the size and scope of additional monetary stimulus. Last week, the Federal Reserve sent out a number of conflicting signals concerning its next move. Rather than narrowing the range of possible outcomes, the [...]