Abercrombie & Fitch silent on diversity pledge as new London store opens August 9, 2024 Abercrombie & Fitch committed to diversity pledges following years of criticism, but bosses failed to comment on the diversity of store colleagues at the new London store when The Capitalist approached them The noughties are back, baby: and that means Von Dutch caps and Abercrombie & Fitch. All of a sudden ‘Brat Summer’ sounds appealing. [...]
London IPO market prospects ticked up in August but no full recovery until 2025 August 9, 2024 The prospects of the UK IPO market are improving but are not expected to fully recover until 2025, Peel Hunt analysts have said. The premier of three notable IPOs in Raspberry Pi, AOTI and Rosebank over the past two months have all set the tone for a route towards a “broader re-opening” next year, said [...]
Satellite operator Eutelsat reports revenue boost from Oneweb takeover August 9, 2024 Revenue at French satellite operator Eutelsat hit €1.21bn (£1.03bn) in the company’s fiscal 2023. Still, the group had a notable drop in operating and net income despite reduced debt and growth in government services. Headquartered and listed in Paris, the company added a London listing when it acquired the UK-based company Oneweb last year. Revenue [...]
Will private equity set its sights on AJ Bell, M&G or River Global after the Hargreaves Lansdown takeover? August 9, 2024 The takeover battle for Hargreaves Lansdown seemed to have finally reached a resolution this morning, and within hours of the details being announced, analysts were already speculating as to which London-listed asset manager could be next to fall to private equity. Ben Bathurst, analyst at RBC, said today that the planned investment by the private [...]
‘Utter madness!’: 7 of the best Edinburgh Fringe shows to book now August 9, 2024 “Spectacular and unhinged” are two words rarely seen together in theatre reviews, except for at the Edinburgh Fringe, where the most brilliantly eccentric ideas get space to breathe. Here are the best shows to catch at the Edinburgh Fringe, and helpfully, we’ve only reviewed performances with London transfers so if you aren’t going to Scotland [...]
Electric Guitar: Digital marketer buys data analytics firm set up by its chief August 9, 2024 Digital marketing and advertising company Electric Guitar will acquire software solutions provider Mymyne, previously set up by its chief executive. Mymyne was set up in 2019 by Electric Guitar’s chief executive, John Regan, to develop and commercialise data-related software services, with swoop is being viewed as a sign that the marketing world is moving towards [...]
Ocean Wilsons: Revenue soars while profit takes a hit August 9, 2024 London-listed Bermuda investment company Ocean Wilsons Holdings saw strong revenue and operating profit growth but profit after tax dipped
Bellway: Revenue drops but housing market on the up August 9, 2024 Housebuilder Bellway’s revenue has dipped by more than £1bn as “challenging operating conditions” have continued to hit the group. The London-listed company, headquartered in Newcastle upon Tyne, brought in revenue of £2.3bn in the year ending July 30, 2024, down from just under £3.4bn in the 12 months before. Revenue fell as the number of [...]
Bowleven to delist from London Stock Exchange’s AIM amid stalled oil project August 9, 2024 Listed oil and gas company Bowleven is set to de-list from the London Stock Exchange to be re-registered as a private limited company
More advertisers to flee X after recent Elon Musk lawsuit and riot comments August 9, 2024 Elon Musk’s antitrust lawsuit against brands that have boycotted X and his controversial activity on the platform during the recent spate of UK riots are set to exacerbate the long-held misgivings advertisers have with the site, leading industry figures have said. On Tuesday, Elon Musk’s X – formerly Twitter – filed a lawsuit against a [...]