Sir Philip Green sells BHS to Retail Acquisitions March 12, 2015 Sir Philip Green has sold BHS to Retail Acquisitions today for an undisclosed sum. Arcadia boss Green had owned the downmarket department store for nearly 15 years. The 171-store retailer is thought to have been loss-making for some time, though Green said it was being “handed over in a sound financial position, with significant [...]
Asos shares soar 17 per cent as etailer gets back on track with sales up in the UK and overseas March 12, 2015 Asos's share price soared 17 per cent this morning as it appeared to be back on track, reporting quarterly growth of 19 per cent after a difficult period that included a profit warning. The figures The etailer, which took a stumble a few months ago, appears to be back in its comfort zone. [...]
Mulberry bags itself a new chief executive Thierry Andretta nearly a year to the day since Bruno Guillon left March 12, 2015 Premium bag brand Mulberry has named its new chief executive, nearly a year to the day since Bruno Guillon left. Thierry Andretta, currently an independent non-executive director, will pick up the reins from April 7. Andretta has a strong pedigree, having held senior roles as Lanvin, Moschino, the Gucci Group, LVMH and Celine. [...]
Getting the perfect job: Here’s how to find out if you (or someone else) is right for the job, and if it’s is right for you March 11, 2015 Whether you are the person hiring or the one in the somewhat more squirmy position on the other side of the desk, everyone wants to be able to predict future performance in a job. Plenty of us worry that we don't have enough of the right experience, but a study drawing on data taken over [...]
Total recall: Could you draw the Apple logo from memory? March 11, 2015 Do you know what the Apple logo looks like? How confident are you that you're right? Chances are you might be deluding yourself if you answered “very”. We are constantly bombarded with logos from McDonald's Golden Arches to Nike's swooshing tick, but a new study suggests we really aren't paying all that much attention. [...]
Watch: A drone flies through Crossrail tunnels March 11, 2015 After almost three years the tunnelling for Crossrail is nearly finished and the project is shifting towards fitting out the stations ahead of the hugely anticipated 2018 launch. The BBC has also been busy behind the scenes. For the past four months the broadcaster has been trying to convince the project's safety team to let [...]
Military aircraft to fly over London as part of a events commemorating six months since UK’s Afghanistan base Camp Bastion was closed March 11, 2015 Military aircraft used in Afghanistan will fly over London on Friday as part of a series of events to commemorate six months since Camp Bastion was closed. The Queen, Duke of Edinburgh and other senior Royals including The Prince of Wales, Duchess of Cornwall, The Duke and Duchess of Cambridge, Prince Harry, The Duke of [...]
Wish you still had your Nokia 3210? Now you can play Snake on the fountains at Kings Cross March 11, 2015 Do you wish we could get back to the good old days when mobile phones were for making calls, maybe texting – and, at the absolute most, playing Snake? If that sounds like you, there are two options open to you. First, you could relocate to a county where 4G reception is so bad you [...]
London Bridge staff are having hot coffee thrown on them and being spat at by angry commuters as travel chaos continues March 10, 2015 Union bosses at RMT have written an open letter to train operators Southern, Southeastern and Thameslink, along with Network Rail, claiming rail staff are being abused by angry commuters over the travel chaos. The union claims that staff have been threatened, had hot coffee thrown over them and been spat at by passengers who [...]
Coronation Street, BBC Breakfast get new landlord as Legal & General Capital takes 50pc stake in £503m MediaCityUK March 10, 2015 MediaCityUK – the new home of Coronation Street and the northern hub of the BBC – has just got a new landlord in the form of Legal & General Capital. LGC is now a 50 per cent shareholder in the Salford Quays-based media centre, alongside long-standing owner The Peel Group as part of a [...]