It is no secret that beauty is one of the consumer-facing sector’s most exciting industries. Over the past few years, we have seen dozens of high-value mergers and acquisitions, industry-defining innovation and the birth of countless challenger...
It is no secret that retailers, manufacturers, and wholesalers have gone above and beyond to drive social good during the pandemic, rallying together to keep the nation fed in a time of crisis. Indeed, Covid-19 has proved that the food industry can rise...
Last week, it was my privilege to be joined by a truly fantastic panel to kick off the first session of our Leadership Summit with Signal AI and Tortoise Media. A summit with three panels and 13 speakers would have taken about six months to organise...
We have had a Creative Practice at The MBS Group since the consultancy was founded 30 years ago. The practice has expanded and changed over the years to now include much more than just designers in apparel or home. Today, businesses are looking...
It is no secret that beauty is one of the consumer-facing sector’s most exciting industries. Over the past few years, we have seen dozens of high-value mergers and acquisitions, industry-defining innovation and the birth of countless challenger...
The consumer sector looks set for a flurry of investment and acquisition activity. As we move into the next phase of Covid-19, large businesses across the consumer sectors will re-evaluate their portfolios, and begin tailoring their brands and...
Throughout Europe, we are gradually seeing the world return to a semblance of normality. Step by step, people are returning to work, visiting restaurants and cafés for takeaway and shopping in non-essential retailers which are opening their doors for the...
Covid-19 has caused never-before-seen disruption for the hundreds of private equity funds which invest in consumer industries across Europe. During this time, funds have been required to provide huge packages of support, both financial and practical, to...
After the success of last year’s publication, we are delighted to once again be launching the Women to Watch in Hospitality, Travel and Leisure Index, in partnership with WiHTL. Gender diversity in the sector has increased over the last year across all...
Morrisons cafes to offer Eat Out to Help Out all week Morrisons has confirmed it will be extending the government scheme that offers customers a 50% discount from Monday to Wednesday, with the company funding the Thursday to Sunday remainder. In addition, kids will be allowed to eat free all day. Read more on Retail Gazette
Lidl continues London expansion with 100th store The Beckton site is the latest in Lidl's plan to open 30 new stores in the capital by 2023. Under a £500m investment scheme, the supermarket chain is on track to create 1400 jobs through the new strategy. Read more on Retail Gazette
Livia’s secures £1m in crowdfund The UK "free-from" brand has secured £1m in new funding through the Seedrs platform, gaining attraction from 400 new investors. Continuing into overfunding, founder Olivia Wollenberg aims to quadruple product ranges and expand international reach by 2025. Read more on FoodBev Media
Sales dip 10.7% at Beiersdorf Sales at the Nivea parent company fell to €3.45bn in H1, due to the negative impact of the COVID-19 pandemic. Despite low EBIT forecasts for the remaining year, the FMCG giant successfully increased its market share in the first half. Read more on ESM Magazine
Montblanc and YNAP announce online partnership The Richemont-owned brand has confirmed that Yoox Net-A-Porter will now run its ecommerce platform, as it looks to boost digital sales. Launching this month, the joint venture will use YNAP tech and logistics to offer customers a seamless experience. Read more on Fashion Network
Jigsaw set to launch CVA The British clothing retailer will reportedly file a company voluntary agreement next week, the latest high street brand affected by the coronavirus pandemic. Jigsaw appointed KPMG and Cavendish Corporate Finance earlier this year to explore options. Read more on Drapers
Uber acquires Autocab Through the purchase of Autocab, a ride-booking app which serves the minicab and private hire industries, Uber is set to expand its reach into areas where it does not currently operate. The acquisition comes as Uber reports a 75% drop in bookings. Read more on Tech Crunch
Etsy profits soar in Q2 Revenues grew 136.7% YOY to $428.7m across both the central marketplace and the Reverb musical instrument site. Boosted by 11.5 million new customers, 7.2 million inactive shoppers also returned to purchase during the second quarter. Read more on Retail Dive
Blackstone acquires digital family history business Ancestry for $4.7bn Ancestry's offering includes a market-leading consumer genomics business. The transaction represents the first control acquisition for Blackstone's eighth private equity vehicle, though GIC will retain a significant minority stake in the company. Read more on Private Equity Wire
Noble Foods Nutrition acquires Betty Lou’s facility The Canadian energy bar brand, backed by Novacap, has acquired Betty Lou's co-packing activities in Oregon, USA. Joining its manufacturing efforts with the 42-year-old bar maker, Noble Foods Nutrition hopes to strengthen its North American presence. Read more on PE Hub
PizzaExpress to reopen a further 63 restaurants by 13 August This takes the total number of open PizzaExpress sites to 300. The news follows the announcement of restructuring plans which may result in a consolidation of the restaurant estate. Read more on Propel Hospitality
Eat Out To Help Out boosts Tipjar’s performance The cashless tipping platform, which exclusively serves the hospitality industry, has reported a 145% rise in transactions since the launch of the government scheme. The average tip has also risen from a pre-lockdown rate of £4.42 to £6.45. Read more on Propel Hospitality
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