MBS Intelligence

Healthcare

Who is responsible for people’s health? As rates of ill health in the working population have risen across the world in the aftermath of the pandemic, the already complex answer to that question – is it individuals? The state? – is changing. With...

an image of big ben, Westminster bridge and the houses of parliament taken from across the river Thames

Reflections on the global changing of the guard

Leadership & Talent

Perhaps unsurprisingly, we’ve spent a lot of time this week at MBS thinking about what makes a successful leadership transition. In the early hours of Friday morning, the results of the general election marked the end of fourteen years of Conservative...

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People, leadership & talent

Healthy team, healthy business: the growing role of employers…

Who is responsible for people’s health? As rates of ill health in the working population have risen across the world in the aftermath of the pandemic, the already complex answer to that question – is it individuals? The state? – is changing. With...

Trends, strategy & emerging markets

The future of M&A in beauty: why newness is…

The beauty sector may have reached peak saturation. Over the past few years, it has seemed like everyone – from online influencers to top-tier financiers – has staked their claim in the market, launching brands, incubating startups or making...

Concepts, marketing & creative direction

Shopping for Spring

A subject I love talking about and debating is whether ‘retail theatre’ in supermarkets is still as relevant today as it was in days gone by. Since Covid, all of my repeat supermarket items have been bought on Ocado. It means that I can do my shopping...

Tech & innovation

Human 2.0: in conversation with Patrick Kane, author, advertiser…

Patrick Kane’s email signature reads: he/him/disabled. “This isn’t because I want more time to complete tasks, or because I need reasonable adjustments,” he says, “but because when I solve a client’s problem, I want them to know that a...

Diversity & inclusion

Tracking progress on diversity and inclusion in UK retail…

The MBS Group has partnered with the BRC for the fourth year of research into D&I in the UK retail sector. The report draws on three sources. First, MBS research, which encompasses data captured from the industry’s leading businesses through...

ESG (Environmental, Social & Governance)

pic of two men and horse - ponterra

“Anything less than excellence is greenwashing”: in conversation with…

The biodiversity crisis is an urgent and irreversible side-effect of the climate emergency. “Nearly three-quarters of the animals that existed in 1970 don’t exist today,” Celia Francis told me, “and out of 58,000 tree species, 17,000 are...

Events & Thought Leadership

Thought Leadership

Inclusion remains the nut to crack: tracking progress on D&I in UK retail

Four years ago, we started a partnership with the British Retail Consortium to hold a mirror up to the UK retail sector – asking how diverse, and how inclusive, retail businesses really are. With nearly four million employees – and contributing...

 

Tracking progress on diversity and inclusion in UK retail 2024

The MBS Group has partnered with the BRC for the fourth year of research into D&I in the UK retail sector. The report draws on three sources. First, MBS research, which encompasses data captured from the industry’s leading businesses through...

Browse by sector

MBS News

Retail

15 July 2024 - 8:57

Decathlon launches new subsidiary, Decathlon Pulse Launched to identify and develop new long-term growth drivers, Decathlon Pulse will build, invest in and acquire new businesses and concepts for the sports retailer. It will operate as an independent entity. Read more on Retail Gazette

15 July 2024 - 8:23

Hotel Chocolat to open 25 new stores with support from Mars Following its acquisition by the US confectionery giant, the chocolatier is set to launch 25 new stores in various cities and market towns, including Belfast, Glasgow, Ilkley, West Yorkshire, and Morpeth, Northumberland. Read more on The Times

Consumer Goods & Services

15 July 2024 - 8:35

Unilever to cut a third of office roles in Europe by the end of 2025 The consumer goods business is reported to have announced internally that up 3,200 roles will be cut in the region as part of a push to revive growth. A consultation process with affected employees is expected to start in the coming weeks. Read more on Reuters

15 July 2024 - 8:24

Katjes Group increases ownership stake in personalised cereal maker Mymuesli The Dusseldorf-based company has increased its ownership in Mymuesli from 10.1% to approximately 56% through its venture-capital arm, Katjesgreenfood. The founders of Mymuesli, Philippe Kraiss and Hubertus Bessau, still hold about 44% of shares. Read more on Just Food

Fashion, Lifestyle & Luxury

15 July 2024 - 8:43

Burberry downgrades outlook after difficult second quarter Underlying sales fell by 21% during the period, leading Burberry to warn it would miss forecasted profits for the full year and that it will suspend dividend payments. The brand intends to switch its focus to be 'more familiar... to core customers'. Read more on Reuters

15 July 2024 - 8:26

Barneys plans significant comeback following Neiman-Saks Partnership The department store aims to expand its product offerings beyond perfume and beauty lines, which were established after Authentic Brands Group acquired it out of Chapter 11. The brand plans to introduce new products such as home goods and sportswear. Read more on Business of Fashion

Digital

15 July 2024 - 9:00

TomTom suspends 2025 targets after bigger than expected operating loss The digital mapping and satnav business says weak demand for new cars has impacted revenue, leading it to make wider than expected operating losses in the second quarter. Full year revenue is now expected to be around €570m. Read more on MSN

15 July 2024 - 8:27

Google in discussions to acquire cloud security firm Wiz, report says Google's parent company Alphabet is in advanced discussions to acquire Wiz for approximately $23bn, with the deal expected to materialise soon. The acquisition will strengthen Google’s cloud business, which grew 28% to $9.57bn in Q1 2024. Read more on TechCrunch

Private Equity

15 July 2024 - 8:46

KKR and CVC said to be amongst potential suitors for B&B Hotels According to reports, both private equity firms have submitted bids worth more than €3bn for the French budget hotel business which currently manages 650 hotels across 17 European countries. PAI Partners is also thought to be considering a bid. Read more on PE Insights

12 July 2024 - 9:08

PE-backed TGI Sport acquires virtual advertising company Supponor The specialist sports technology and media rights company, backed by Bruin Capital and Quadrand Private Equity, has announced the deal, which is expected to close over the summer. It has been a minority shareholder in Supponor since 2019. Read more on Advanced Television

Travel, Leisure & Hospitality

15 July 2024 - 8:28

Forest Holidays undergoes restructuring, plans new site opening amid £20m turnover increase Forest Holidays is set to expand its portfolio with the addition of the 14th site, Glentrees Forest in Peebles, scheduled to open in November this year. The restructure follows the acquisition of the then 11-site business by Forge Holiday Group in 2022. Read more on Propel Hospitality

12 July 2024 - 8:25

Delta sees ‘very strong’ transatlantic demand Delta Air Lines experienced an 11% year-on-year decrease in second-quarter profits, amounting to $1.5bn, attributed to increased costs and discounted economy fares in the US airline industry. However, the airline saw improved international revenue. Read more on Travel Weekly

Arts Agenda & Recommended Reading