For European consumer goods brands, achieving ‘the American Dream’ has long been a key milestone. Promising millions of new customers, massive deals and a whole different league of volume and complexity, breaking the US is high on the list of...
I have always been fascinated by how a neighbourhood can define who you are and what you do with your life. A real generalisation I know, which probably therefore, means nothing. I have not done the research on the subject, but I have written...
It was not all that long ago when the topic of health and safety was synonymous with a stuffy, clipboard-clad employee in a hard hat. In Britain at least, we are used to the stereotypical notions of health and safety slowing things down – one only has...
For years, fashion week season has been the undisputed highlight of the industry’s collective calendar. Despite murmurs of dissatisfaction about its impact on the environment, a low return on investment for labels and the frequent instances of designer...
Who would have thought, a year ago, that high heels would be being thrown unceremoniously to the back of the wardrobe, or that Crocs would be labeled the coolest shoe of the year? In the last twelve months, we have seen almost every corner of the...
Depending on which research you believe, women control 70% to 80% of retail purchasing decisions. And yet, leadership in the UK retail industry remains very much male dominated. Likewise, retail leadership is hugely non-representative of the UK population...
Two weeks ago, The MBS Group hosted a behind-closed-doors conversation with three of the brightest minds in corporate sustainability and ethical fashion. Looking to deep-dive into what consumers care about, and a brand’s responsibilities to its...
The retail sector needs to do more to drive up female and ethnic minority representation in the most senior positions. In this first-of-its-kind report, produced in partnership with British Retail Consortium and PwC UK, The MBS Group lifts the lid on...
In recent years, the playing field in travel has evolved considerably. Ten years ago, success in hotels was largely based on a business’ ability to roll out identical models and ensure consistency for broadly homogenous travellers. But now things look a...
Poundland owner mulls Polish stock market float Poundland parent company Pepco is mulling a €4.5bn flotation in Warsaw. Pepco has a large presence in Eastern Europe, with more than 1,000 company-owned stores. Read more on Retail Gazette
Dobbies acquires Johnsons Garden Centre The garden centre business has confirmed the acquisition of Johnsons Garden Centre in Boston, Lincolnshire. This latest move brings the total number of Dobbies sites to 71. Read more on Retail Gazette
Renault targets €1bn in sales from ‘circular economy’ Renault has announced that it is seeking to generate more than €1bn in sales from the circular economy, by turning its Flins factory outside Paris into a research, recycling and repair centre. Read more on Reuters
Yakult targets net-zero carbon emissions The probiotic dairy company has announced plans to achieve net-zero carbon emissions by 2050. By 2030, Yakult aims to reduce greenhouse gas (GHG) emissions by 30% and reduce plastic containers and packaging in Japan by 30%. Read more on ESM Magazine
Tmall Luxury Pavilion partners with Watches and Wonders China's Tmall has partnered with Watches and Wonders, the luxury watch fair, in order to boost the event's digital capabilities. The Alibaba-owned luxury ecommerce platform is providing 3D try-on and livestream support for Watches and Wonders. Read more on Fashion Network
Nike cuts down on retail partners In a bid to curb reselling, the sportswear giant has warned its retail suppliers of plans to cut supplies of limited edition trainers. According to reports, Nike has concerns that store staff are “quietly offering” multiple pairs of trainers to resellers. Read more on Retail Week
Clubhouse closes new funding round According to reports, Clubhouse has secured a new funding round that would value the audio-based social media app at $4bn. Read more on Reuters
Grab Holdings mulls secondary Singapore listing Southeast Asia's ride-hailing and delivery giant is reportedly mulling a secondary listing in its home market of Singapore, after completing a Nasdaq listing via a $40bn SPAC merger. Read more on Reuters
Luckin Coffee secures $240m private equity funding China’s Luckin Coffee has raised $240m in a round led by private equity firm Centurium Capital. Joy Capital will also participate. Read more on Reuters
RTD brand Big Easy Blends gets private equity backing Big Easy Blends, which makes health-focused drinks, has received investment from Clover Capital Partners and Granite Creek Capital Partners. Read more on PE Hub
TRG bolsters delivery portfolio The owner of Wagamama and Frankie & Benny’s has added a kebab-focused brand called Babago to its delivery portfolio. Available through UberEats, the virtual delivery brand features meat souvalki wraps with handmade Greek flatbread. Read more on Propel Hospitality
Delta sees improvement in quarterly results Delta Air Lines has posted an adjusted operating revenue of $3.6bn for its March quarter, down 65% from the same period last year but marking a four-point improvement when compared to the business' December quarter. Read more on Breaking Travel News
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