Cake Box says sales slowed as summer sun slices profits November 14, 2022 The hot weather and cost living sliced into Cake Box’s trading success in the last six months, as the premium cake maker struggles to keep up with strong comparators. Although group revenues were up a humble 2.1 per cent to £16.8m, EBITDA and pre-tax profit plunged over 32 per cent as cost pressures start to [...]
Mike Ashley’s Frasers in late stage talks for Gieves & Hawkes takeover November 14, 2022 Frasers Group is reportedly in late stage talks to seal a deal for Gieves & Hawkes, a beleaguered tailor which previously dressed Sir Winston Churchill and Queen Elizabeth II. Mike Ashley’s empire is swooping in for the Savile Row retailer after its Hong Kong-based owner fell into administration, Sky News first reported. The popularity of [...]
KFC eyes disadvantaged young people as fast-food giant ramps up recruitment efforts November 14, 2022 KFC has pledged that a third of all its new staff by 2030 will be young people who have faced barriers to employment. The chain’s boss said it wants to help improve social mobility by giving disadvantaged young people more opportunities to work, build skills and confidence, and become managers. Through its Hatch employability programme, [...]
Healthy goals: England captain Harry Kane invests in low-calorie doughnut firm November 14, 2022 England football captain Harry Kane has invested an undisclosed sum of cash in a low-calorie doughnut firm, CityA.M. can exclusively reveal. Urban Legend, which offers health-conscious shoppers a range of non high fat, sugar, salt baked goods, has added the sport star to its list of investors. The brand has secured £10m investment in its [...]
Nightcap boss: ‘No place for mediocrity’ in economic tumult as cocktail brand’s sales surge November 13, 2022 Cocktail bar operator Nightcap is slowing down its expansion programme while its CEO told CityA.M. the sector faces “uncharted territory” this winter. While the London-listed business would not halt openings entirely, it would “be more cautious” with new sites, CEO Sarah Willingham said. In its annual report last week, the owner of The Adventure Bar [...]
Retailers balance ‘sadvertising’ and festive joy in this year’s Christmas adverts November 13, 2022 Retailers have faced pressure this year to put out adverts that not only have a feel good factor, but also do good. Against the backdrop of a gloomy winter, where many families will be forced to cut back on Christmas celebrations and gifts in order to keep the fridge stocked and heating on, getting the [...]
Keep your loved ones warm with luxurious wardrobe essentials November 11, 2022 | Sponsored When it comes to Christmas gifts, clothing is always a great idea. This year, opt for quality pieces, with L’Estrange London’s plush yet versatile items that can make for a thoughtful present. You can shop for timeless wardrobe essentials: smart-casual suits comprising a merino wool blazer and trousers, merino wool bombers or the signature ‘merino [...]
Help your friends capture their happiest moments on camera November 11, 2022 | Sponsored Those passionate about visual storytelling — or simply looking for a good camera — will appreciate a photo or video kit gift for Christmas. MPB is an online platform that allows you to buy, sell and trade in photography and videography equipment, while making kit more accessible to everyone. The company recirculates more than 350,000 [...]
Attend a festive light show together November 11, 2022 | Sponsored If a spectacular light display is what you’re after, grab your friends and head to London’s Crystal Palace Park for Lightopia: the breathtaking festival includes an array of light installations and festivities meant to enchant children and adults alike. Picture a dragon that illuminates the surrounding trees; a 40-metre-wide, 15-metre-tall water show that features beloved [...]
Book a cricket experience for you and your friends November 11, 2022 | Sponsored After nearly two Christmases in hiding, Sixes is looking to smash this year’s party season out of the grounds. Test your batting skills against its best-in-class technology (with scores recorded on a leaderboard), enjoy buzzing DJ sets and go all out with the Golden Balls feasting package, complete with pigs in blankets and a cranberry-flavoured [...]