Knot the usual auction: Buyer stumps up $850,000 in rare sneaker sale July 18, 2019 A Canadian entrepreneur has snapped up 99 pairs of the world’s rarest sneakers for $850,000 (£681,000) at an auction in New York. Read more: Sotheby’s wine sales hit £100m in record-breaking year In the first ever auction dedicated to sneakers, businessman Miles Nadal bought all but one pair of limited edition shoes on sale at [...]
Hotel Chocolat shares worth even more than this July 18, 2019 | City Talk By Graeme Evans from interactive investor. They’re hardly cheap, but shares in this fast-growing chocolatier could go higher still. At a time when many retailers are finding trading tough, Hotel Chocolat Group (LSE:HOTC) continues to make light work of justifying its punchy stock market valuation. The chain, which listed on AIM in 2016, produced more strong figures today as an [...]
Burberry shares at 10-month high and challenging records July 17, 2019 | City Talk After a stunning six-week rally, our head of markets explains why investors are still piling in today. If the market was waiting for signs of an immediate improvement in Burberry (LSE:BRBY) fortunes, it will not be disappointed as the fashion house has delivered an update which is much better than expected – and on a number of [...]
New homes: Our pick of the new builds going on sale in London this weekend July 12, 2019 High Street Quarter, Hounslow From £344,000 for a one-bed Jet-setting Londoners will want to check out Barratt London’s new High Street Quarter development in Hounslow, which launches this Saturday and is just ten minutes from Heathrow Airport. As well as 528 one and two-bed apartments it will also include a new public square, Cineworld cinema, [...]
Clerkenwell controversy: The award-winning development that could be torn down July 12, 2019 London’s walking tours are a great way to read the streets. Layers of history are all around us – every brick, every alley has a story to tell, and guides familiarise us with architectural styles, from modern to maverick. During this May’s Clerkenwell Design Festival I found not one but two design walking tours of [...]
Property of the Week: Enter the Dragons’ Den in Hackney July 12, 2019 For £3.25m, you could live in the warehouse conversion where budding business tycoons once pitched for cash. Does the sheer force of your entrepreneurial spirit get you out of bed in the morning? Do you like the idea of living in a place where dreams have been made and broken? Or perhaps you are just [...]
Turnaround time for struggling food giant July 12, 2019 | City Talk By Rodney Hobson from interactive investor. The proof of the pudding lies with a new chief who looks set to sell off poor performers to boost spending on premium lines. A heavy burden lies on the shoulders of Miguel Patricio, who took over as chief executive officer of food and beverage giant Kraft Heinz (NASDAQ:KHC)last month. The reputation of [...]
In the case of sugar, the nanny state really does know best July 11, 2019 Boris Johnson created a furore last week by announcing that he was considering getting rid of the so-called sugar tax. Was he right to question the levy, or does it serve a purpose? Introduced in April 2018, manufacturers now have to pay more tax if their drinks contain a high amount of sugar. The producers [...]
Peter Gynt at the Olivier is a toe-curling, overlong adaptation of Ibsen’s mad epic July 11, 2019 Before the curtain rose for this reimagining of Ibsen’s allegorical play Peer Gynt, audience members were surreptitiously snapping pictures of the set, presumably to impress their Instagram followers. “I’m at the theatre! #culture”. How appropriate for a play (originally a poem but adapted soon after) that asks if a life can be fulfilled simply by winning the [...]
A Midsummer Night’s Dream at Regent’s Park Open Air Theatre is an unbridled summer joy July 11, 2019 Regent’s Park Open Air Theatre is one of three London companies presenting the Bard’s most mischievous and magical comedy this summer. How, then, does director Dominic Hill make his Dream stand out? From the outset, it’s a fresh, fun interpretation. It opens to a Riot Club-esque dinner party, with flashing lights and blaring music. The [...]