Revolution Beauty looks to soothe jitters amid Boohoo boardroom bust-up June 23, 2023 Revolution Beauty has looked to soothe investor jitters with a trading update today after an attempted boardroom coup from e-commerce Boohoo earlier this week. London-listed beauty group Revolution has been embroiled in a row with Boohoo after a “hostile” attempt from the firm to place its own candidates on its board earlier this week. Revolution [...]
Hotel Chocolat shares plummet 13 per cent after profit warning on flagging consumer sentiment June 23, 2023 Hotel Chocolat shares have plummeted by around 12 per cent as the premium brand is expected to be back in the red. The retailer, which has fallen victim to cash-strapped Brits cutting back on luxuries, said it now anticipates revenue of £201.8m and underlying profit before tax of £0.3m for the 2023 financial year. It [...]
UK corporate health ‘stabilises’ as Germany remains ‘most distressed market’ in Europe April 11, 2024 The findings will boost confidence that the UK's corporate sector will face fewer pressures than last year, when 25,000 firms went bust.
Heathrow climbs back up global league table with US passenger boost November 13, 2023 Heathrow Airport has reported a busy October of passenger traffic ahead of the festive months, despite concerns of a wider slowdown.
Wagamama owner waves goodbye to CFO as part of top team shake up June 21, 2023 Wagamama’s owner The Restaurant Group (TRG) is waving goodbye to its chief financial officer, Kirk Davis, as part of a shake up of its top team. The hospitality group, which also owns high street eateries such as Frankie & Bennys, said that Davis will step down after the publication of its interim results in September [...]
We used to overlook tourism in the City, now it must become the key to its recovery June 26, 2023 Can we make the City more than just the business district of London?
Scrapping bankers’ bonus cap is a return to global norms, says City minister January 10, 2023 City minister Andrew Griffith said today that scrapping the bankers’ bonus cap would realign Britain with global financial norms, as he faced questions from MPs in parliament about the government’s so-called Edinburgh Reforms. Discussing bankers’ bonuses, Griffith said “we have departed from global norms… the global competitive set do not have this (bonus cap).” London, [...]
Brewdog Waterloo bar not going anywhere as noisy-neighbours Spoons moves in April 4, 2024 Brewdog said its watering hole in the Sidings is successful and popular, as well as 'family-friendly', while it also serves food.
Naked Wines admits ‘mistakes’ as retailer sets out shake up October 20, 2022 Naked Wines has announced a shake up of the business in a bid to cut costs,including 30 redundancies. The wine retailer, which enjoyed booming sales in the pandemic, said it had “made mistakes” while pursuing “rapid growth.” Low consumer confidence and high levels of supply chain inflation had resulted in an underwhelming performance for the [...]
H&M West End: Flagship London store starts recycling drive with ‘clothes ready to be loved again’ September 14, 2023 Fast fashion retailer H&M is to sell secondhand clothes at its Regent Street flagship store from October — offering items that are “ready to be loved again”. The Swedish clothing giant will feature a range of clothes and accessories from H&M and beyond as part of its “pre-loved” initiative. The industry has been under mounting [...]