Dr Martens names new chief executive amid sales slump in the US April 16, 2024 Dr Martens has named Ije Nwokorie after Kenny Wilison decided this would be his last year as top boss at the boot maker.
Tclarke becomes the latest firm to leave the London Stock Exchange with £91m buyout April 16, 2024 Regent has offered 160p per share in cash for Tclarke as well as a final dividend of 4.525p per share, representing the final dividend for the latter's financial year ending 31 December 2023.
Superdry to delist from London Stock Exchange in latest effort to stay afloat April 16, 2024 Embattled fashion brand Superdry has said it will delist from the London Stock Exchange as part of a restructuring plan to keep the company alive.
Troubled Superdry to launch steep rent cuts in latest efforts to stay afloat April 15, 2024 Embattled Superdry will publish a restructuring plan over the coming days which will entail steep rent cuts across a large number of its 94 stores.
Revolut UK chief: New York threatening London’s ‘supremacy’ in fintech April 15, 2024 London is at risk of losing its fintech “supremacy” to New York, the UK boss of Revolut has said, as the city boasts a plethora of top talent and the depth of its capital markets will tempt companies looking to IPO.
Inchcape to sell its UK retail operations for £346m April 15, 2024 Inchcape's UK retail operation employs 3,600 people and sells vehicles from 80 sites.
FTSE 100 firms braced for battle on executive pay as proxy advisers push back April 15, 2024 FTSE 100 firms are braced for a bruising few weeks as the battle with proxy advisors over executive pay in the City continues, with both LSEG and Smith & Nephew facing possible shareholder rebellions over pay.
Premier Miton assets jump despite investors pulling millions from funds April 12, 2024 Asset manager Premier Miton saw investors continue to pull millions from its funds over the last six months, but managed to bring its assets under management up due to strong investment performance and an acquisition.
Polar Capital sees ‘positive momentum’ as market returns offset outflows for the fund manager April 11, 2024 Polar Capital, the specialist fund manager, has reported an uptick in assets under management (AuM) in the last quarter, as well as a period of net inflows, as it expects investors to seek more exposure to improving global equity markets.
European self-storage giant Shurgard to buy rival Lok’nStore for £378m April 11, 2024 Self-storage giant Shurgard has struck a takeover deal with AIM-listed rival Lok'nStore worth around £378m, with the merger expected to involve job cuts.