Wah Nails founder Sharmadean Reid grabs $1m from Saul Klein’s Localglobe for new beauty networking app Beautystack April 9, 2018 The founder of London salon chain Wah Nails has proved she means business with her latest beauty venture, grabbing almost $1m of funding from Saul Klein’s Localglobe and angel investors. Wah’s Sharmadean Reid plans to use the funding to develop and launch the app of Beautystack, a new platform which acts as a beauty appointment [...]
These are the UK’s most sought after companies to work for, as revealed by LinkedIn March 21, 2018 There has been a significant rise in the number of banks and finance firms in the top 20 most sought after companies to work for in the UK, according to a new ranking out today from LinkedIn. The list is compiled through looking at the actions taken by LinkedIn’s 25m UK members, considering data such [...]
Brands are better positioned than ever to create a better future February 26, 2018 The theme of this year’s Mobile World Congress is creating better futures. Startup and breakthrough brands such as those showcasing at MWC and its sister platform 4YFN are widely heralded as a force for good that will be instrumental in the creation of a better future for all of us. But it’s not just new [...]
On trend: Invest in the new era of British fashion brands February 21, 2018 The past few days have been some of the most important in London’s fashion calendar. As Fashion Week graced us with its presence once more, City A.M.’s Alys Keys reported on the shift towards a more democratic industry, propped up by the power of digital influencers. The internet will continue to redefine how we shop, [...]
More shareholders raise concerns that Richemont offer “undervalues” yoox Net-a-Porter February 19, 2018 Shareholders in luxury online retailer Yoox Net-a-Porter (YNAP) have raised concerns that a proposed takeover bid undervalues the business. Ciccio Azzollini, chief executive of Italian investment firm 3IP and a YNAP investor told City A.M. that an offer by Montblanc owner Richemont of €38 per share is too low. The bid values YNAP at €5bn [...]
Numis strengthens hold on top-tier AIM clients while FinnCap takes biggest share of junior market February 5, 2018 Numis Securities shored up its position as the top broker to the largest companies on London’s junior market in the latest rankings, while FinnCap stuck it out at the top of overall rankings. FinnCap was broker to the highest number of clients on the Alternative Investment Market (AIM) in January, despite losing four since October, [...]
Online stalwart Asos is in for a fashion face-off with Amazon’s wardrobe service January 26, 2018 What do Debenhams, House of Fraser, Mothercare and Asos not have in common? Cracking Christmas clothing sales. While the high street’s stalwarts struggled to attract bargain-hunting shoppers over the festive season, their smaller online-only rival yesterday revealed a 30 per cent rise in sales for the final four months of 2017. Asos, or as As [...]
Revealed: Peel Hunt’s top growth stocks for 2018, from Asos to Just Eat January 4, 2018 Brushing aside the warnings of a stock market bubble ready to burst, which have been flying around in recent weeks, broker Peel Hunt today released its list of top growth stocks for 2018. Based on earnings per share and sales, over the last two years and the next two years’ predictions, Peel Hunt’s selection ranges [...]
Bitcoin is yet to prove its worth. We’ll need to keep an eye on it, says Japan’s finance minister December 19, 2017 Japanese finance minister Taro Aso has questioned the creditability of bitcoin. Aso said there was “no fixed definition” on whether the cryptocurrency was a currency or not. “This issue is a difficult one,” he said after a cabinet meeting. The comments come after his French counterparty said he would propose a discussion on the regulation [...]
London Stansted’s owner has just launched a startup to improve its tech credentials using Amazon and Asos for inspiration December 7, 2017 London Stansted’s owner has today announced plans to improve customer experience and fight off competition from a rising wave of travel startups – by launching what will effectively serve as its own startup. Manchester Airports Group (MAG) has launched its own technology and e-commerce arm, which it said will enable the airport group to respond [...]