Across the world, hundreds of millions of employees work in consumer-facing industries – many of them involved in the critical work of national survival during the Covid-19 pandemic. The responsibility of keeping these large multi-site workforces safe,...
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...
Across the world, hundreds of millions of employees work in consumer-facing industries – many of them involved in the critical work of national survival during the Covid-19 pandemic. The responsibility of keeping these large multi-site workforces safe,...
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...
The last six months have been the most turbulent and destructive the hospitality, travel and leisure sector has seen in recent memory. Few could have predicted that businesses would be faced with no customers, zero revenue and government imposed...
Last week, a fashion retailer told me that they’d had to complete a full digital transformation in the space of just four weeks. This feat is part of a wider trend: when it comes to innovation and truly embedding a digital-first mentality into fashion...
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...
Over the past few years, the world has seen some extraordinary developments that few could have predicted. 2020 has proven to be the pinnacle so far, with Covid-19 generating permanent change in the corporate, political and societal spheres. In the...
This report brings together key themes from conversations with more than 80 CEOs, Chairs, Executive Directors and investors from across the beauty sector. We spoke with industry leaders from fast-growth brands through to the world’s biggest and...
Hotel Chocolat strikes Hut Group deal to help bolster presence in US Following a dip in profit due to Covid-19, Hotel Chocolat has struck a deal with The Hut Group’s Ingenuity technology arm to expand its footprint in the US. The deal will allow the retailer to grow its online presence. Read more on Retail Week
B&M raises profit forecast following spike in first-half sales The value-focused retailer expects to post an adjusted EBITDA of approximately £285m for the half year to September 26, outstripping its previously guided range of £250m to £270m. B&M said group revenues have soared 25.3% during the period. Read more on Retail Week
Brand Architekts swings to loss The personal care and beauty products group said it lost £0.8m in FY20 after making £4.4m in FY19. These results came as revenue declined sharply to £23.7m from £77.3m a year earlier. Read more on Fashion Network
Ryoma takes stake in coffee grinder manufacturer Macap The Ryoma Holding Company, the Italian manufacturer of food equipment, has acquired Macap, a maker of coffee grinders. Macap will join CMA and Univerbar in Ryoma's line-up of brands. Read more on FoodBev
Henri Lloyd shifts business model towards D2C The menswear clothing brand Henri Lloyd has shifted its business model away from third-party retailers and distributors. The company has said customers should save around 40% as a result of this new strategy. Read more on Fashion Network
Net-A-Porter inks deal with Watches & Wonders Net-A-Porter and Mr Porter have signed a strategic deal with the luxury watches fair Watches & Wonders, that will see the watch exhibition brought to life online and through a variety of touchpoints. Read more on Fashion Network
Asos unveils first ever circular fashion line Following a collaboration with Centre for Sustainable Fashion, Asos has launched its first circular fashion collection. The new line features 29 trend-led clothing & accessory items designed with sustainable, circularity principles. Read more on Retail Gazette
Exotec raises $90m for its warehouse robots The France-based startup has raised a $90m Series C round led by 83North, with existing investors Capital and Breega also participating. The company, which raised $17m in 2018 and $3.8m in 2016, plans to product 4,000 robots a year by 2021. Read more on TechCrunch
EQT buys ingredients business in €800m deal Private equity fund EQT will acquire Natural Colors, a maker of colourings and ingredients, in a deal worth €800m. Natural Colors is a subsidiary of Chr. Hansen, a global bioscience company based in Denmark. Read more on Food Ingredients First
3i takes majority stake in GartenHaus for £60m 3i has taken a majority stake in GartenHaus. Based in the DACH region, GartenHaus is an online house and garden retailer. The funding will allow the business to grow its product range and expand internationally. Read more on Real Deals
Greggs resumes store opening programme The bakery chain has reinstated its store opening plans after improved trading in September. Greggs has said that like-for-like sales in company-managed shops recovered to 76% of 2019 levels during the four weeks to September 26. Read more on Retail Week
Pizza Hut Restaurants secures CVA approval The company voluntary arrangement includes the closure of 29 sites and the loss of 450 jobs. Following the restructure, the UK franchise business has around 215 restaurants, with 5,000 jobs preserved. Read more on MCA Insight
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