Yo! Sushi owner sold to Japanese food giant in £500m deal June 13, 2023 The business behind restaurant chain Yo! Sushi has been bought by one of Japan’s biggest food companies in a deal worth almost half a billion pounds. Mayfair Equity Partners said it sold its stake in Snowfox Group to Zensho Holdings for $621m (£494m). The deal sees the Japanese giant gain a company which owns several [...]
How Millie Bobbie Brown became Britain’s most sought-after beauty brand May 11, 2024 Millie Bobbie Brown’s make-up line is the most in-demand British celebrity-owned beauty brand at the moment. Why? What separates Mille Bobbie Brown from the scores (and scores and scores) of celebrities trying to emulate the success of Selena Gomez and Rihanna in the beauty space? @florencebymills, Brown’s makeup line, has 3.6m followers on Tiktok, and [...]
David Beckham’s business empire sees revenue more than double, but losses continue to mount for wife Victoria’s firm December 29, 2023 David Beckham netted more than £70m in revenue through his business empire last year but his wife Victoria’s fashion firm required millions in cash injections to stay afloat, new accounts have shown.
Dr Martens sues Temu over use of trademark on Google search April 14, 2024 Dr Martens filed the legal action against Temu filed at the High Court last week over alleged trademark infringements.
Gen Z and millennials shrug off inflation woes to buy ethical goods July 31, 2023 Gen Z and millennial shoppers are shrugging off inflationary woes and continuing to prioritise a retailer’s reputation when choosing where to spend. Some 33 per cent of 18-34-year-olds said they are more loyal to brands with a ‘positive corporate reputation’ and ‘values’ that align with their own, compared to just one in seven shoppers aged [...]
Retail: Insolvencies expected to ‘uptick’ as market consolidates amid Superdry and Ted Baker trouble February 12, 2024 Less than two months into 2024 and six UK retailers have already gone bust, with a further two warning they may fall into trouble, as experts warn the market will “continue to see an uptick in insolvencies”. According to figures from Centre of Retail Research, over 400 job roles have been impacted by retailers shutting [...]
David Beckham opens London’s new flagship Maserati showroom October 2, 2023 The former England football captain arrived in a new Maserati GranTurismo and talked about his custom MC20 supercar.
Seat and Cupra chief: There’s a ‘perfect storm’ ahead for European carmakers October 25, 2023 City A.M. sits down with Seat chief Wayne Griffiths to discuss the European car industry and Cupra's roaring success.
In The Style entices new customers with influencer partnerships as it posts pre-tax loss July 19, 2022 Digital fashion retailer In The Style has seen its share price slump after posting a pre-tax loss in its debut full-year results as a public firm. Shares were down more than 35 per cent on Tuesday afternoon after CEO Sam Perkins admitted the year ahead would likely be “a challenging one for consumers and retailers.” [...]
The South African cricket league with Archer, Buttler and IPL influence January 9, 2023 Tomorrow, on a sunny summer evening in South Africa, the world’s newest T20 cricket league gets underway. But this one is like something sport has never seen before. Because every one of the six franchises – each based out of a different South African city or region – is owned by an Indian Premier League [...]