MBS Intelligence

Category: Digital

At MBS, our conviction that changing consumer spending decisions could transform healthcare underpinned our decision to establish this practice nearly four years ago. Despite being

We are firmly in the heart of retailers’ ‘golden quarter’, the period of October to December where consumers increase their shopping during Black Friday and

Does it have to be lonely at the top? Claire Davenport doesn’t think so. Claire is Chief Executive at Treatwell, a pan-European business marketplace focused

At the beginning of this month, the UK hosted the first-ever AI Safety Summit. Held at Bletchley Park – the base for second world war

In the past ten years or so, there has been a notable shift in the perception and power of Chinese brands. I grew up in

Two weeks ago, it was such a privilege to host a roundtable lunch for women HR leaders in technology. Held on a sunny Thursday afternoon

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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