Brand Index: BA’s heritage helps it bounce back June 10, 2014 TODAY I’m returning to an issue that comes around like a baggage carousel every summer: the ongoing battle for the hearts and minds of British air travellers. I never tire of looking at this as it has so many angles – crisis recovery and the strength of a loved brand such as British Airways, the [...]
British buyers snap up over half of London’s £10m homes June 10, 2014 THE NUMBER of Brits buying UK properties worth over £10m has soared over the past year and they now make up most of the market as the economic recovery gathers pace. British buyers of super-prime homes have risen from 36 per cent in 2013 to 53 per cent of the market since the start of [...]
Taxi app Hailo scoops Europas award ahead of today’s bitter Uber strike June 10, 2014 HAILO may be embroiled in today’s anti-Uber taxi strike but there was no place for app-bashing at last night’s Europas Awards, the annual gong-giving bash for Europe’s tech start-ups. The taxi app, which has seen many of its black cab partners revolt against it, picked up the award for Best Transport app but aside from [...]
Ex-England star John Barnes gets red card for TfL rap June 10, 2014 Ex-England star John Barnes flew in from Singapore yesterday to perform a very special task for Southwark Underground station. He took time out from his busy pre-World Cup schedule to give a service update for the station (a good service on all lines, apparently). As well as cheering up commuters, Barnes was in the station [...]
City high-flyer Ashley Silverton’s son gets Best Job In The World for 2014 World Cup June 10, 2014 You might think the son of high flying City name Ashley Silverton, divisional director at wealth management firm Brewin Dolphin, would follow in his father’s footsteps into the City – but it seems 21-year-old Ollie Silverton has got other ideas and he’s already on to a winner. Ollie has been named the winner of Titan [...]
Boris and Giuliani do their math June 10, 2014 THE mayor of London and former mayor of New York Rudy Giuliani put their heads together at Tower 42 yesterday, where they both met with the winners of London Count on Us primary school maths challenge. Ten-year-old pupil Azeezat Yusuff of Kender Primary School, in Lewisham, had thrashed Boris in a battle of the brains [...]
Ted Baker sales rise as overseas growth pays off June 10, 2014 TED BAKER posted a 17.9 per cent jump in first quarter sales yesterday, as the fashion retailer’s tailoring and quirky prints won over customers overseas where it had been opening more stores. Retail sales rose 15.8 per cent in the 19 weeks to 7 June, helped by 48.1 per cent growth in its online business. [...]
Analyst Views: What did you think of Ted Baker’s quarterly trading update? June 10, 2014 JOHN STEVENSON | PEEL HUNT Another strong performance from Ted Baker, delivering around nine to 10 per cent like-for-like sales growth against stunning prior year comparatives. We leave forecasts unchanged for now, but reiterate our “buy” stance, underpinned by attractive medium term international expansion plans. FREDDIE GEORGE | CANTOR FITZGERALD The trading update was better [...]
Mulberry hires the boss of Italian jeweller Buccellati as a non-exec June 10, 2014 MULBERRY has bolstered its board by hiring the chief executive of Italian luxury jeweller Buccellati as a non-executive director. The appointment of Thierry Andretta comes at a turbulent time for the luxury group, which has issued four profit warnings over the past two years. The firm is also searching for a new chief executive following [...]
Retailers enjoy first quarter of growth in years June 10, 2014 HIGH street stores of all stripes have enjoyed rising sales in the past three months for the first time in four years, according to figures released today. BDO’s high street sales tracker shows like-for-like sales were up 1.1 per cent in May, marking the first full quarter since 2010 where fashion, lifestyle and homewares have [...]
