020 7432 8855 to advertise
Leisure group Whitbread has seen a 12.8% rise in total sales following a strong performance at both its Premier Inn and Costa brands.Andy Harrison, chief executive of Whitbread commented: "We have delivered another strong quarter's trading, thanks to the hard work of all the Whitbread teams.”Premier Inn grew total sales...
Poundland has withdrawn its range of Chinese lanterns after a huge fire was started by a similar sky lantern, although not one sold by the company.The fire, which was attended by over 200 firefighters in Smethwick in the West Midlands on Sunday, has been followed by calls for the lanterns...
Apple has hired designer Marc Newson ahead of a new product launch where the technology firm is expected to announce the “iWatch”.Mr Newson, who has designed watches in the past, has worked on designs with Apple recently alongside his close friend and the company’s senior vice-president of design, Jonathan Ive.Mr...
Newly merged electricals and mobile phone retailer Dixons Carphone has said that it has made a “good start” to the enterprise, with sales boosted by the World Cup and returning consumer confidence.In its first quarter trading statement, the group said that its electricals division saw a strong performance in the...
Associated British Foods has said that sales at its Primark clothing business are expected to be 17% ahead of last year at constant currency and 16% ahead at actual exchange rates. The group said that this result was driven by an increase in retail selling space, like-for-like sales growth, which...
Unions have warned that proposed plans to make strikes illegal unless they are voted on by at least half of members will leave workers with “about as much power as Oliver Twist", according to the head of the TUC.The Conservative party has plans to stop “militant” union leaders imposing strikes...
Chinese online retailer Alibaba is reportedly meeting potential investors this week, as part of what could be the world’s largest ever stock market flotation.The company, dubbed “China’s answer to Amazon”, could see a share price of between $60 and $66, raising a total of $15 billion from the move and...
Thousands of disgruntled employees held a protest at McDonald’s Hamburger University as part of an industry-wide campaign for higher wages. The planned march had already seen the fast food giant evacuate its headquarters in Illinois. The protesters, who are from across the fast food industry, included several hundred McDonalds employees....
The Co-operative Group edged back into the black in the first half of the year, reporting profits of £12 million against a £767 million loss the previous year.The gains are the first benefits to be seen from chief executive Richard Pennycook’s turnaround plan, launched earlier this year.Mr Pennycook said the...
Luxury goods firms Hermes and LVMH have reached a settlement over their so-called “handbag war” which involved LVMH building a stake in it’s rival.The dispute dates back to 2010 when Hermes accused LMVH of not properly disclosing its stakebuilding after the Dior and Givenchy firm gained 17% of the company,...
Why not sign up for daily news emails?
