Over the last year, the Hospitality, Travel and Leisure (HTL) sector has taken some significant steps forward to improve diversity. In our latest report, From Intention to Action: Diversity in Hospitality, Travel & Leisure, which we were proud to...
2019 was the year that sustainability became the biggest item on the agenda for consumer-facing businesses. Thanks to the rising influence of climate activists, the environment’s presence in the political sphere and a growing customer desire to make...
On a wintry day earlier this month, over 250 of the most influential leaders in the Hospitality, Travel and Leisure (HTL) sector gathered in PwC’s offices to celebrate the launch of our latest report, From Intention to Action, Diversity in Hospitality,...
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...
This morning, we woke up to the first day of a new era. And yet, after years of non-stop Brexit noise and high drama, one of the most historic political events we can expect to see in our lifetime has passed by relatively quietly. No matter which side of...
Perhaps it’s the clocks going back this weekend that makes me want to turn my attention to my home, South Africa. Or it might be the arrival of Naspers in our papers this week, the South African firm whose $5bn hostile bid for Just Eat has made quite a...
I have just returned from visiting our clients in Australia and New Zealand. The New Zealanders were still reeling from their loss against England in the Rugby semi-finals – so it was very easy to move the conversation swiftly on to retail, brands and...
The MBS Group is proud to have been championing diversity for over thirty years – so it was a real privilege to partner with the IGD and PwC to produce a first-of-its-kind report, giving an honest appraisal of the status of diversity and inclusion...
The MBS Group has been championing diversity in our sectors for over thirty years, so we were delighted to be asked to join forces with the WiH2020 initiative and PwC on the latest report on diversity in the Hospitality, Travel & Leisure (HTL)...
Adidas ranked as top retail business for sourcing sustainable cotton According to a ranking of companies buying the material, Adidas now sources 100% of its cotton from sustainable sources. Ikea came in at second place, and H&M third, while M&S was found to be the best UK performer. Read more on Retail Gazette
International retailers set sights on Romania According to a new report, international retail companies will invest a combined €1bn in Romania in 2020. The report suggests that over 400 new stores will be opened in the country, including Schwarz Group-owned Kaufland sites and new Lidl locations. Read more on ESM Magazine
Pernod Ricard cuts profit forecast The French drinks company has slashed its annual profit target after fears of being hit from the coronavirus outbreak in China, which is the spirits-maker's third-largest market. The business said operating profit would grow between 2% and 4% this year. Read more on Propel Hospitality
PepsiCo quarterly results ahead of market expectations PepsiCo has reported organic revenue growth of 4.3% for its fourth quarter, driven by a demand for healthy snacks, energy drinks and its trademark fizzy drinks. Revenue for the period hit $20.64bn, beating predictions of $20.27bn. Read more on Reuters
Marimekko delivers strong set of results The Finnish fashion fabrics and lifestyle business has posted positive trading for the year ending 31 December 2019, driven by a strong performance over Christmas and success in intentional markets. Headline figures included net sales up 12% to €125.4m. Read more on Fashion Network
Maison Margiela collaborates with The North Face As part of its return to London Fashion Week, MM6 Maison Margiela will launch a collaborative line with The North Face. The range will be based on the outdoor brand's Expedition System products, which are designed for extreme weather conditions. Read more on WWD
Amazon UK hails double-digit growth The tech giant's UK unit posted a 23% spike in UK sales to £13.4 billion in 2019, defying the national downturn and outperforming other key Amazon markets including Germany and Japan. Read more on Fashion Network
I Saw It First moves into wholesale The fast fashion ecommerce business has announced plans to launch a wholesale unit next month, appointing Just a Group as its global agent. The agency will target key global retailers including Asos, Zalando, Next and Very. Read more on Drapers
Fresh dog food delivery company receives investment from L Catterton Butternut Box, which is the leading fresh food delivery brand for dogs in Europe, has secured significant funding from L Catterton. Terms of the deal were not disclosed. Read more on PR Newswire
Haircare brand Gisou by Negin Mirsalehi secures private equity investment The Dutch brand has secured 'several million euros' of investment from the UK-based private equity fund Vaultier7. Vaultier7 specialises in cosmetics and lifestyle, and recently took a stake in the modest fashion etailer The Modist. Read more on Fashion Network
O’Neill’s reports 56% spike in low and no-alcohol sales Mitchells & Butlers’ Irish pub brand O’Neill’s has noted a significant increase in demand for low or no-alcohol beverages. M&B operates 49 O’Neill’s pubs across the UK. Read more on Propel Hospitality
Corbin & King launches leisure-focused investment fund The London-based restaurant operator, which runs nine restaurants in London including The Wolseley and The Delaunay, has announced plans to set up an investment vehicle aimed at food and drinks startups. Read more on Propel Hospitality
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