This week, it was a real honour to launch a project that I’ve been working on since 2017 – Boards of the Future: why the Board of the Future should be the Board of today – and how to build it. It is my signature report, and the result of years...
From profiling inspiring figures in this weekly column to placing forward-thinking leaders into career-defining roles, one of the many joys of my job is how regularly I get to celebrate and support women. This week, it brings me great pleasure to be...
This week, it was a real honour to launch a project that I’ve been working on since 2017 – Boards of the Future: why the Board of the Future should be the Board of today – and how to build it. It is my signature report, and the result of years...
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...
Two weeks ago, the online resale site StockX was valued at $3.8bn. The business has taken the world by storm, changing the landscape of streetwear and fundamentally reimagining how people browse, buy and sell collectable items. But unlike most...
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...
This week, it was a real honour to launch a project that I’ve been working on since 2017 – Boards of the Future: why the Board of the Future should be the Board of today – and how to build it. It is my signature report, and the result of years...
The MBS Group is delighted to present Boards of the Future, a first-of-its kind piece of thought leadership challenging businesses to think differently about their non-executive board. The publication, Boards of the Future: why the Board of the future...
Dixons Carphone to invest £25m to boost colleagues’ training and wellbeing The electricals retailer has announced plans to invest £25m over the next two years in rewarding and upskilling colleagues. Dixons Carphone is also planning to increase its frontline colleagues’ hourly pay to match the real living wage. Read more on Retail Week
E. Leclerc takes market share to 22.1% The supermarket has consolidated its position as France's biggest grocer, gaining an additional 1.9 million households and increasing its market share by 1.4 percentage points to 22.1%. Read more on ESM Magazine
Beyond Meat reports widening losses The plant-based meat alternatives brand has posted wider-than-expected losses, as the business incurred costs from new product testing and sold fewer products to pandemic-hit restaurants. Read more on Reuters
Kellogg posts 5.1% sales growth in first quarter The multinational food business has posted a 5.1% net sales increase in the first quarter, following strong sales in its cereals category and its Pringles brand. Net sales reached $3.58bn for the quarter, compared to $3.41bn in the same time last year. Read more on FoodBev
Adidas raises full-year outlook The sportwear business has increased its 2021 sales outlook, betting on continued strong demand for its products in Europe. Adidas expects sales to jump around 50% in its second quarter. Read more on Reuters
Tapestry returns to profit The Coach and Kate Spade owner has posted a 19% increase in net sales for its third quarter to $1.27bn. The company said gross profit totalled $912m. Read more on Fashion United
Covid-19 hits results at Tripadvisor The travel site has posted revenues of $123m for the quarter ended March 2021, compared to $278m the year before. The company has said that traffic and revenue trends are improving as vaccination rates climb, particularly in the US. Read more on Yahoo Finance
Net profit predicted to fall 29% at Nintendo The Japanese company has projected that its net profit will fall 29% ¥340bn ($3.1bn) during the 2021-2022 fiscal year. Nintendo has also forecast a 12% drop in sales of its flagship Switch console. Read more on Bloomberg
Gap to offload Intermix chain to PE firm Gap Inc. has announced plans to sell its Intermix chain to private equity firm Altamont Capital partners. Gap bought Intermix, which operates boutique stores around the US, in 2012. Read more on PE Hub
Partners Group buys Axia Women’s Health In a deal worth almost $800m, private equity firm Partners Group has agreed to acquire a majority stake in women's healthcare provider Axia Women's Health. Axia supports 475,000 patients annually. Read more on PEHub
Tortilla announces partnership with Merlin Entertainments The quick-service restaurant chain is entering into a partnership with Merlin Entertainment, which will see Tortilla open a site at Chessington World of Adventures. Read more on Propel Hospitality
Intercontinental Hotels Group reports improved demand The parent company behind Holiday Inn and Crowne Plaza has reported improved demand in its first quarter. IHG's results were boosted by sales in China, where revenue per room was up 78.2% compared with 2020. Read more on The Times
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