Brexit no obstacle for Watches of Switzerland as it eyes expansion into Europe July 8, 2021 Europe is firmly on the radar of luxury retailer Watches of Switzerland. Under a new five-year plan, the group aims to enter the European luxury watch market through acquisitions and new boutiques in a shift away from its previous focus on the UK and US. Britain’s biggest retailer of Rolex, Cartier, Omega, Tag Heuer and [...]
WH Smith’s airport takeover is InMotion after Dixons Travel shop deal July 8, 2021 WH Smith's airport takeover is InMotion after Dixons Travel shop deal
LSE’s biggest tech IPO ever: Blindfolded Wise begins £8bn public era July 7, 2021 The positive start to trading for fintech giant Wise, going public this morning, means the payments firm has become London’s largest ever tech listing. The firm saw its valuation swell to £8bn, marking a major boost for the capital’s tech scene. It’s a big step up from the £5bn price tag attached to the company [...]
Nightlife bounce back: Boom Battle Bar bags prime Oxford Street retail space July 7, 2021 London’s Great Portland Estates has pre-let a prime Oxford Street retail space to competitive socialisation operator Boom Battle Bar, in a post-pandemic investment for both retail and hospitality. The 15,200 sq ft space at 70 Oxford Street, part of the redevelopment of the area, is a prime capital spot for a bar looking to capitalise [...]
Three very cool roles open in London right now July 6, 2021 Are you looking for a new job at the moment? We have some great news – loads of brilliant companies are hiring this summer, all over the UK and beyond. This week, we wanted to highlight some really cool jobs that are open in London. Check them out and be sure to apply if they’re [...]
Test for London’s fintech sector: Wise listing could turn into ‘volatile affair’ July 6, 2021 Cross border payments company and fintech giant Wise will be admitted to the London Stock Exchange tomorrow morning. No price guidance has been issued, which will mean that the stock price will be determined during the auction, which will be a lengthy one – from 7.50am onwards, with trading to begin just after 11am – [...]
Cardano leapfrogs Bitcoin as eToro clients’ most-held cryptocurrency July 6, 2021 Cardano’s ADA has leapfrogged Bitcoin to become the most held digital asset in the second quarter of 2021.
Mulberry to close Paris store as slashed tourism hits another capital July 6, 2021 Mulberry will close the doors to its Paris store until international tourism returns, the luxury brand said today. Exiting the lease early at its 275 Rue Saint Honoré store, slashed tourism numbers due to pandemic restrictions has seemingly hit Paris much like it has hit London. The brand will bag net proceeds after tax of [...]
Shoppers will be encouraged to wear masks inside Westfield shopping centres July 6, 2021 Shoppers at Westfield shopping centres will be encouraged to wear masks even after the legal requirement to do so is dropped. Jactina Rowsell, manager of Westfield shopping centre in White City, said in order to make shoppers and staff feel safe, masks would be encouraged in both London shopping centres. “We’re very aware and [...]
Venture capital is changing and a public listing will help unlock the transformation July 6, 2021 In 2013, I started Forward Partners with a single mission: to give more start-up founders their best shot at success. Since then, we have built a portfolio we are immensely proud of, and packed with ambitious, growing businesses operating in the hottest technology sectors. We have proven our approach to investment works, growing net asset [...]