In July last year, a Manchester restaurant made headlines after receiving nearly 1,000 applications in 24 hours for a receptionist role. The pandemic had led to a scramble for work and the number of people looking for jobs far outweighed the job openings...
In July last year, a Manchester restaurant made headlines after receiving nearly 1,000 applications in 24 hours for a receptionist role. The pandemic had led to a scramble for work and the number of people looking for jobs far outweighed the job openings...
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 decades, conversations around women’s health and personal care have been surrounded by embarrassment, stigma and misinformation. From a consumer goods perspective, this lack of open discussion resulted in a stale marketplace, with a distinctly...
This year, the UK is hosting the biggest climate conference in the world: the 26th UN Climate Change Conference of the Parties, known as COP26. Held in Glasgow in November, heads of state, climate experts and campaigners will convene at the event to...
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...
This year, the UK is hosting the biggest climate conference in the world: the 26th UN Climate Change Conference of the Parties, known as COP26. Held in Glasgow in November, heads of state, climate experts and campaigners will convene at the event to...
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...
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...
Quarterly sales surge at Asda The supermarket has enjoyed a 7.3% jump in like-for-like sales, excluding fuel, for the 3 months to the end of March 2021. The UK’s third largest grocer is still awaiting approval from the CMA to complete its £6.6bn takeover by the Issa brothers. Read more on Retail Gazette
Tesco to shut international wholesale business The big four grocer has reportedly announced plans to shut down its international wholesale business, which exports its own-brand range across the world. Read more on Retail Gazette
JBS to acquire Rivalea in A$175m deal Meat processing giant JBS has signed an agreement to purchase the Australian pork producer Rivalea, for an enterprise value of A$175m. The group is acquiring the business from Singapore-based QAF Limited. Read more on ESM Magazine
Jack Daniel’s parent Brown-Forman posts 3% sales uptick Brown-Forman has posted a 3% increase in full-year sales to $3.5bn. The business has attributed the growth to increased demand for ready-to-drink (RTD) beverages, along with premium spirit brands. Read more on ESM Magazine
Fashion group Vince sees sales growth Vince Holding Corp has announced that it achieved net sales of $57.5m in its first quarter, up 47.5% when compared to $39.0m in the prior-year period. Read more on Fashion Network
Sales nearly double at Signet International jewellery retailer Signet Jewelers Limited has posted a 98.2% uptick in first-quarter sales. Sales reached $1.7bn, up from $852.1m in the same period last year. Growth was led by strong sales in North America. Read more on Fashion Network
Naked Wines sales soar 68% The online wine retailer has posted a 68% increase in annual sales to £340.2m, and a 53% rise in customer numbers in the year to March 2021. Read more on City AM
Homebuying startup Flyhomes secures $150m The five-year-old startup has announced the closure of a $150m Series C round co-led by Norwest Venture Partners and Battery Ventures. The end-to-end residential real estate startup handles every step of the homebuying process. Read more on TechCrunch
PE-backed HRB Brands expands line-up of brands HRB Brands, which is backed by Tengram Capital Partners, has acquired a string of personal care brands from Helen of Troy. Brands include Brut, Pert, Sure, Ammens, Seabreeze and Infusium. Read more on Global News Wire
Bowmark Capital to further invest in Drake & Morgan following CVA approval According to reports, Bowmark Capital is to inject £2m of working capital funding into Drake & Morgan, the London-based bar and restaurant group. It was announced yesterday that the PE-backed firm had secured approval for a CVA. Read more on Propel Hospitality
Wizz Air launches cabin crew recruitment drive Wizz Air has announced a hiring drive for cabin crew members across its UK bases, including London Luton, Gatwick, Doncaster Sheffield and Cardiff. The move follows a year of rapid expansion for Wizz Air, despite the challenges of the pandemic. Read more on Breaking Travel News
Backyard eyes expansion following Sony backing Experiential cinema operator Backyard is set to expand its estate after receiving financial backing from Sony Music Group. Backyard currently has one site, in London. Read more on Propel Hospitality
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