MBS News
Thursday
September 02, 2010
Industry headlines from Moira Benigson Executive Search
Retail
Mountain Warehouse Deal Values Store Group At £50m
Private equity firm LDC has bought a 23% stake in fast-growing outdoor gear specialist Mountain Warehouse, in a deal valuing the retailer at £50m.
Read more on www.retail-week.com »
Tesco Joins Auction For Carrefour’s Asian Shops
Food and hypermarkets giant Tesco is among the ten bidders for French counterpart Carrefour’s south-east Asian assets. Tesco is already the market leader in Malaysia and Thailand and it is thought likely to have made an offer for all the Carrefour assets on offer.
Read more on www.retail-week.com »
Consumer Goods
Apple Unveils New iPods
Apple has launched a new line of iPod media players, including a new iPod Touch which incorporates a video calling function.
Read more on www.independent.co.uk »
Tax Drink On Strength Not Type, Says Diageo
Diageo has proposed that the government tax alcoholic drinks based on strength, as opposed to type.
Read more on www.thegrocer.co.uk »
Binatone Beats Samsung And BlackBerry With Budget Tablet Launch
UK telephone maker Binatone has launched a budget tablet computer, HomeSurf, which runs on Google's Android operating system and costs £130. The product does not offer a 3G connection, but uses Wi-Fi to access the internet.
Read more on www.marketingmagazine.co.uk »
Digital And Online
Zara Unveils Transactional Website
Zara has unveiled its new transactional website allowing UK and some European customers to buy its entire fashion collection online for the first time.
Read more on www.retail-week.com »
Apple Launches Social Network For Music Called Ping
Apple has launched a social network, Ping, as part of its latest version of iTunes, allowing users to build networks of friends and professional musicians.
Fashion, Lifestyle And Luxury
Emanuel Will Return To The Catwalk After Ten Years
Designer Elizabeth Emanuel will relaunch her label, Art of Being, during this month’s London Fashion Week. Emanuel, famous for dressing Princess Diana, will showcase a capsule collection of black dresses on September 21.
Read more on www.drapersonline.com »
Jimmy Choo Owner Moots IPO
Investment banks Goldman Sachs and Morgan Stanley are the front runners to advise the owner of designer footwear label Jimmy Choo on its strategic review, which includes a possible initial public offering and a sale expected to fetch up to £500m.
Read more on www.drapersonline.com »
Travel And Leisure
Reliance Takes Stake In Oberoi Hotels
India's Reliance Industries has acquired a stake in luxury holiday group East India Hotels, which operates the Oberoi brand, in a deal believed to be worth $217m.
Read more on www.breakingtravelnews.com »
Carluccio's Eyes 50-Site Milestone
Italian dining chain Carluccio’s is expected to hit the 50-site mark in the UK later this year, by opening four new sites over September.
Read more on www.bighospitality.co.uk »
On The Move
Birds Eye Iglo Marketing Director To Move To General Mills
Ben Pearman, Birds Eye Iglo’s UK marketing director, is leaving the company to become marketing director for EMEA at General Mills. The role is based in Switzerland.
Read more on www.marketingmagazine.co.uk »
Nokia Recruits Samsung Content Chief
Nick Turner-Samuels, formerly head of content at Samsung Mobile, has joined Nokia as a senior programme manager.
The Weatherman Says...
Another glorious day in paradise. Why move to Tahiti when the weather in London is fantastic? Who needs tropical perfection, martinis, deck chairs and clear water, when you can have sunny traffic jams, cool, clear blue tube station entrances and the algae-covered Hampstead ponds?