MBS Intelligence

Category: Events

On the same day the United States headed to the polls to vote for its 47th President, around 1,000 members of the HTL and retail

It hard to believe that MBS is now in the sixth year of partnership with WiHTL & DiR to help the hospitality, travel and leisure

It is hard to believe that my twelfth year as a judge on the panel of the Veuve Clicquot Bold Woman Awards has come around

Perhaps my biggest lesson from my decade at The MBS Group is how dramatically emerging leaders are shaped by role models throughout their career. Having

It is hard to believe that it has been five years since we first partnered with WiHTL, with the aim of driving diversity and inclusion

In early 2020, I sat down with Tim Richards, the founder and CEO of Vue International, to plan a dinner for hospitality and leisure CEOs

Latest News

Saks Global names CFO. Brandy Richardson has been appointed to the role. She spent the majority of her career at the Neiman Marcus Group where she held several finance leadership roles over her 15-year tenure. She begins on 18 August, succeeding interim CFO, Mark Weinsten.
EasyJet profits rise. Q3 profits for the low-cost airline improved by £50m to £286m, while airline passenger numbers increased by 2% in the three months to 30 June. The company remains positive on its outlook for the rest of the financial year.
Ocado Group posts surge in first-half earnings. EBITDA rose to £91.8m from £52m in the first half, while revenue was ahead 13.2% to £674m. The company, which sells bespoke technology to other retailers and operates a joint venture in the UK with M&S, is focused on becoming cashflow-positive next year.
Frasers Group reports rise in profits. The Flannels owner reported adjusted pre-tax profit of £560.2m which was an increase of 2.8%. It says it expects this to be between £550m and £600m for the current year as it seeks to address “various macro headwinds”.
DFS set to beat guidance following strong trading. Annual profits at the sofa specialist are expected to come in “slightly above top end guidance” after strong trading continued into the second half. Group order intake was up 10% year-on-year and profit guidance sits between £25-29m up from £10.5m.
Dunelm’s Q4 sales rise. The homeware specialist saw a 4% uplift in Q4 revenues while full year sales to 28 June rose 3.8% to £1.77bn. It has said it has made “good progress against strategic priorities” and expects to report its full-year profits in line with consensus.

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