I recreated all my favourite TV tropes, from crawling through pipes to being two kids in a trenchcoat
DEAL FRENZY: Pets At Home lines up to follow King, Poundland and ISS to market February 18, 2014 STOCK markets roared back into life yesterday after discount retailer Poundland, Candy Crush Saga producer King Digital Entertainment, and services firm ISS fired the starting gun on flotation plans, with UK pet store Pets at Home expected to follow suit as soon as today. UK retailer Poundland revealed plans to list in London in March, [...]
Bottom Line: London just needs to wait a bit for lift-off February 18, 2014 ON ONE level and after a superficial look at developments, it might seem as if London is in danger of missing out on the impending flood of new issues that are about to hit the financial markets. Yesterday’s flurry of statements revealed that ISS, the giant services group, is floating in Copenhagen; King.com has chosen [...]
Poundland hires retail veterans to propel float February 18, 2014 DISCOUNT retailer Poundland yesterday unveiled a heavyweight board lineup and its first female non-executive director as part of plans to float on London’s stock market next month. The Birmingham-based company, which currently has around 500 stores, has recruited former Travelodge chief executive Grant Hearn and Merlin Entertainments group HR director Tea Colaianni, who will become [...]
Poundland confirms IPO February 18, 2014 High street discounter Poundland has finally confirmed this morning that it intends to float on the London Stock Exchange. The offer will comprise a partial sale of funds by Warburg Pincus, Poundland’s private equity owner, and a free float of at least 25 per cent of the issued share capital. Poundland said admission is expected [...]
Poundland to hire ex-Carpetright boss Shapland February 17, 2014 DISCOUNT retailer Poundland is set to appoint the former boss of Carpetright Darren Shapland as a senior independent director as it prepares to push the button its £750m float. He will join the board as it unveils its decision to float in London, as early as this morning.
How Boohoo’s joined the queue of retailers flocking to market February 17, 2014 ONLINE fashion retailer boohoo.com is being groomed for a snap stock market flotation next month, joining the stampede of retail companies marching towards a London market listing this year. Boohoo.com, which is run by Manchester-based co-founders Carol Kane and Mahmud Kamani, is working with its financial broker Zeus Capital on plans for an initial public [...]
Inside Track: Rothschild shows independent advisers are on a roll February 13, 2014 AT THE top of Rothschild’s impressive and relatively newly-built London headquarters, a modern building set in the 17th century St Swithin’s Lane in the heart of the City, is an auditorium which the firm’s bankers use to host what are known as kick-off meetings for the flotations they’re working on. Over the past few months, [...]
What the other papers say this morning – 28 January 2014 January 27, 2014 FINANCIAL TIMES Jobs data defies Hollande pledge French unemployment rose to a record level in December, forcing President Francois Hollande to concede failure in his main political promise of 2013 to “invert the curve” of rising joblessness by the end of the year. Official figures published yesterday showed the number of jobseekers rose 10,200 in [...]
Financal crisis art is totally derivative January 26, 2014 HISTORICALLY, some of the world’s finest artworks have been inspired by events at the time; Picasso’s Guernica, Hogarth’s Rake’s Progress, Banksy’s Jubilee-themed sweatshop boy on the wall of Poundland. So financial crisis-inspired artist Larry McGinity is in very good company. McGinity has created 14 paintings for his exhibition: The Financial Crisis Show: Art As A [...]
Record sales lift Poundland float prospects January 23, 2014 POUNDLAND has boasted record sales over the key Christmas trading period, further paving the way for a potential initial public offering (IPO), expected to take place within the coming months. The bargain chain, which plans to double its UK presence over the next decade, said new shop openings helped sales rise more than 12.4 per [...]