Upbeat results as business deliberately preserves entertainment prices at 2019 levels
Emerging from pandemic lockdowns London brewer posts 39.7% hike
He replaces Alex Russo who is stepping up to helm group
Budget carrier said senior executive departed to ‘pursue other business opportunities’
Cost of living ‘inflationary pressure’ and ‘subdued consumer sentiment’ hit supermarket
Bricks and mortar retailers re-opened as challengers to online brand
He has been non-executive director at the fast fashion retailer since 2020
There is now a real risk of major disruption to the economy for the rest of 2022
Rail and Tube action has sent bookings crashing by up to 50% or more
Group expects full year profits will beat analyst expectations
In six months inflation, energy prices and staffing costs have turned up heat on sector
Retail group reports revenue and profits boost in half year results
Passengers back to 85% of pre-pandemic figures while airport business continues to climb
Nigel Oddy joined the business in 2019 and the hunt for his successor is ‘well-advanced’
Legal & General and savings trust Nest have tabled a motion through investor body ShareAction
The company operates 22 franchised hotels in the country and closed Moscow office in March
Car ownership has fallen for the second time in two years, the first consecutive annual decrease in over 100 years
Until yesterday Boohoo had been frontrunner to take on troubled brand
Excuses will be cold comfort for families waiting hours to clear security or immigration
Administrator Teneo has been appointed to fast fashion brand in ‘extremely challenging’ market
Finance head Alex Russo will replace boss Simon Arora at the high street retailer
Bid was contentious for retailer with supermarket beating EG Group
The process to identify a buyer for the company started in April
Reebok owner emerges as preferred bidder for high street fashion chain
Business has benefitting from sustained DIY interest and bursting trade order books
Research revealed that 80% of customers felt the need for cost of living brands switch
Unamed bidder will now move forward in the sale process
Company owns brands including Cartier, Dunhill and Montblanc
CEO Patrick Dardis said: ‘We will sell out the fresh chickens we’ve got in our fridges, and we won’t be ordering any more.’
‘We are having to take a lot of these costs on the chin which affects our bottom line,’ said City Pub Group chair Clive Watson
The retailer warned supply chain issues would lead to a £5 million earning hit this year and said losses could be as much as £35 million for 2022
Roger Whiteside said the company is doing all it can to absorb costs and remain a value option for consumers
The BRC and KPMG warned that retailer will struggle to absorb rising costs