TRAVEL NOTES November 22, 2009 Discount family trips to AsiaTravel Indochina is offering a free place for one child when a family of four books any family tour this November for departures in January, February or March 2010. Offerings include a 10-day journey to Cambodia, which kicks off with a street level tour of Phnom Penh and features a leisurely [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 22, 2009 THE SUNDAYSThe Sunday TelegraphWOMEN DIRECTORS EARN 50PC LESS THAN MENFemale board directors in the FTSE 350 are being paid half as much as their male counterparts, new research has found. The average female board director took home £178,246 in salary, bonuses, benefits and pension contributions in the 2008-09 financial year, while the average male director [...]
Borders in talks to sell off more stores November 22, 2009 BORDERS, the ailing bookseller, was showing further signs of floundering yesterday, as it entered into rescue talks and looked to sell off further stores. As the threat of failure looms, the private equity-backed retailer is understood to be in talks with record store HMV and stationers WH Smith to buy up its stores. Borders wants [...]
John Lewis sales up boost November 22, 2009 High street retailer John Lewis yesterday reported it had rung £78.54m through its tills last week – 15 per cent more than the same week last year. The retailer said that it was boosted by a jump in toy sales, games and men’s fashions – helped by the start of Christmas shopping. The group also [...]
THE TIPSTER CHRISTMAS WILL BE KEY FOR TED BAKER November 22, 2009 DESIGNER retail brand Ted Baker indicated that business has been good in recent interims as consumers reacted positively to its current collections. It has seen an 18 per cent drop in profits this year, but sales were up 19.8 per cent from this time last year. Ray Kelvin, its CEO, expects it to weather the [...]
OUT THIS WEEKEND November 19, 2009 FILMGLORIOUS 39 From director Stephen Poliakoff, a film about an British family on the eve of war. EXAMINED LIFE Documentary about contemporary philosophers in New York. CHRISTMAS IN WONDERLAND Festive family fun starring the late Patrick Swayze. DVDTERMINATOR: SALVATION Fourth in the franchise, with Christian Bale taking on the machines. MY SISTER’S KEEPER Tear-jerker starring [...]
BLUE-BLOODED CAZENOVE AND THE MYSTERY OF A TRUE ANCIENT RELIC November 19, 2009 BLUE-blooded City stockbroker Cazenove might have officially agreed to surrender the rest of itself to US investment bank JP Morgan, but something tells The Capitalist the die-hards won’t be ready to forget the firm’s noble heritage in a hurry. Lunch yesterday was with a City chum who remembers Caz’s days at its old headquarters in [...]
Best City spots for a winter warmer November 18, 2009 When there’s a nip in the air, there’s nothing quite like getting your mitts around a nice, hot glass of mulled wine. In these days of online shopping and alternative Queen’s speeches, not a lot remains of the traditional Dickensian Christmas – so when you see a spot of hot wine infused with spices, you [...]
JPMorgan eats up 1bn Caz leftovers November 18, 2009 US INVESTMENT bank JPMorgan Chase & Co is expected to seal its £1bn buyout of the remainder of Cazenove today. JPMorgan will pay around 500p per share for the last 50 per cent of the 190-year-old British brokerage, valuing the total business at £2bn. The deal will land a multi-million pound windfall for many Cazenove [...]
Mothercare to focus on larger stores November 18, 2009 MOTHERCARE, the pregnancy and early childhood retailer, will increase the number of its large-format stores as it prepares to close up to 90 smaller high street locations. Chief executive Ben Gordon said the company’s out-of-town parenting centres, which combine the Mothercare and Early Learning Centre brands under one roof, account for 40 per cent of [...]