Purpose. We have heard this word be used time and time again by candidates talking about their own career aspirations – but never has the term had so much practical gravity than now. In the midst of the current Covid-19 pandemic, we have all been forced...
It was only two weeks ago, before we knew that the UK was about to go into lockdown, that I was gearing up to interview Sarah Collins, founder of the Wonderbag for our Weekend Edition. Sarah was in England, excited to be making her first trip to Primrose...
Tomorrow marks International Women’s Day – a highly significant day in both my personal and professional calendar. While facilitating female leadership is firmly established as a year-round business priority at MBS, I find this day provides a good...
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...
In a week when coronavirus has dominated the news, we have been reminded of how interconnected the world is. Not only have recent events reminded us of the links that exist in global markets and complicated supply chains, but also just how mobile the...
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...
Purpose. We have heard this word be used time and time again by candidates talking about their own career aspirations – but never has the term had so much practical gravity than now. In the midst of the current Covid-19 pandemic, we have all been forced...
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...
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...
First-quarter company sales rise 8% at H&M In the three months to 29 February, the fashion retailer saw an 8% uptick in sales, leading to £2.2bn in profits. Despite this positive performance, H&M has said Q2 will be loss-making due to the impact of coronavirus. Read more on Fashion Network
Cath Kidson set to call in administrators According to reports, the lifestyle retailer has filed a notice of intention to appoint administrators. Read more on Reuters
GM and Honda to jointly develop electric vehicles In a move to deepen their existing partnership, GM and Honda are developing a fleet of electric cars. Honda will design the car's exterior, and GM will contribute the car's interior electric vehicle architecture. Read more on TechCrunch
CBD startup Vitality CBD adapts production line to tackle Covid-19 The health and personal care business has started making protective screens to be used by retailers during the coronavirus outbreak. So far, the Birmingham business has produced thousands of 'bio barriers' for retailers and pharmacies across the UK. Read more on The Grocer
Under Armour withdraws financial outlook Alongside this announcement, the company also announced a string of cost-cutting measures. While Under Armour's directors are taking a paycut and the business is laying off staff, it has committed to paying all its suppliers in full. Read more on Fashion United
Levi Strauss & Co. commits $3m to the fight against the virus The San Francisco-based company is donating the money with a focus on existing community partners and supply chain workers. Read more on WWD
Apple mobilises supply chain to provide PPE The tech giant has joined other manufacturing businesses in producing personal protective equipment to be used by medical workers in the fight against Covid-19. So far, Apple has sourced 20m face masks, and is working to manufacture plastic face shields. Read more on TechCrunch
Nordic challenger bank secures €20m The bank, named Lunar, has extended its Series B funding round with an additional €20m, bringing total Series B funding to €46m. The round is led by Seed Capital. Read more on TechCrunch
TSG Consumer Partners closes $2.65bn deal for vet business The US-based firm has acquired Pathway Vet Alliance from Morgan Stanley Capital Partners, following the US government's decision that veterinary services are "essential business". Read more on PE Hub
Dave & Buster’s in sales talks with private equity firms According to reports, the American restaurant and entertainment business is talking to private equity firms about a possible sale, after having to shut down all its venues during the coronavirus crisis. Read more on PE Hub
The Restaurant Group unveils measures to cope with Covid-19 The owner of the Wagamama chain has announced increased flexibility in its bank facility, and also a string of paycuts for its executive team and non-executive board. Read more on Propel Hospitality
Health food and drink brand Crussh launches home delivery Available for customers within the M25, Crussh is rolling out a juice, soups and snacks delivery service. Via its website, customers can order a week's supply of items. Crussh has also started deliveries of juices to NHS workers. Read more on MCA Insight
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