Autumn chill helps French Connection to reverse recent decline November 21, 2012 THE ONSET of Autumn has helped the struggling fashion retailer French Connection post an uptick in trading in the third quarter of the year, as shoppers stocked up on coats and knitwear. The company, which has issued three profit warnings within the last 18 months, said like-for-like sales at its UK and European retail business [...]
Why is Citi backing our appeal? November 21, 2012 THE CAPITALIST asks Bob Annibale, Citi’s global director of microfinance, why the bank is supporting the City A.M. Christmas Appeal this year. Citi has been supporting Opportunity International since 1994. The Citi Foundation and Opportunity’s missions were then, and continue to be, well aligned, with both organisations supporting the economic empowerment and financial inclusion of [...]
UK’s online retailers prepare for record breaking Cyber Monday November 21, 2012 CHRISTMAS is expected to result in the biggest day in online retailers’ history this year, with visits to shopping websites due to top 100m for the first time. Retailers have flagged Monday 3 December – dubbed “Cyber Monday” as the most intense day of Christmas shopping this year. This is down to a combination of [...]
How much Christmas shopping will you do online? November 21, 2012 CHRISTOPHER JENNER SWISS RE I’ll probably do about 85 per cent of it online due to laziness. Compared to last year, I do think my Christmas online shopping has progressed substantially. I mainly order vouchers for people and get my shopping done throughout December. PAMELA HARTLEY STANDARD BANK I imagine I’ll do about 50 per [...]
Sainsbury’s adds 10,000 new jobs November 21, 2012 Supermarket chain Sainsbury’s yesterday announced it would create 10,000 new jobs in its convenience business over the next three years. The new roles, come on top of a further 20,000 temporary roles created to serve increased customer demand over the Christmas period. Sainsbury’s plans to open one to two convenience stores a week going forward [...]
‘Tis the season at One New Change November 20, 2012 Working THE Christmas party circuit like a professional this festive season could give your career, social life and even relationship a helping nudge along if done with grace, style and panache. But let’s face it, it’s tough out there. The discerning society high flyer needs to look super sleek, knowing their Moët & Chandon from [...]
TOP TEN Etiquette RULES November 20, 2012 AS MUCH as the office Christmas party is something to look forward to, it can often be a bit of a mine field as far as etiquette is concerned but don’t worry, Debrett’s has every eventuality covered. Established in 1769, Debrett’s has long been recognised as the authority on British etiquette and its publications cover [...]
Smart savings for the poor November 19, 2012 OUR Christmas Appeal in support of Opportunity International has got off to a flying start this year. Since the appeal was launched just last week, £212,568 has already been raised. Such a healthy start to the 2012 campaign puts us in a good position to match or even surpass last year’s appeal total of £1.58m, [...]
Majestic bucks bad weather to post profit rise November 19, 2012 MAJESTIC Wine yesterday shrugged off a summer of bad weather and economic uncertainty, as it posted a rise in first half revenue and profits. Chief executive Steve Lewis said the wash-out summer prompted organisers of fundraisers and sporting events to cancel or return wines while consumers took a raincheck on barbecues. “The test is always [...]
How to manage your risk by using a pairs strategy November 19, 2012 MARKETS are fraught with uncertainty: the fiscal cliff, conflict in the Middle East, the Eurozone crisis, and slowing growth in China are just some of the problems that could potentially derail equity markets. Therefore, traders must use risk management techniques to mitigate their risk exposure. But if investors suddenly sought safety by moving their money [...]