After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
London luxury goods repair service The Restory among startups picked for Farfetch incubator September 4, 2018 A London-based start-up which repairs luxury fashion items is among the businesses selected for Farfetch's retail technology incubator. The Restory, which restores designer items, is one of 11 start-ups selected for the 12-week Dream Assembly programme. Farfetch plans to support fashion tech start-ups with talks, mentoring and networking opportunities. "The companies we have selected for the first Dream [...]
Felix Capital leads $5m Series A financing round for online jewellery brand Mejuri September 4, 2018 Jewellery retailer Mejuri has closed a $5m (£3.89m) Series A financing round led by London-based venture firm Felix Capital. Real Ventures, Incite Ventures, BDC Capital Women in Technology Fund, and Dash Ventures also participated in the round. The funding will allow the digital brand to establish more physical stores following the opening of its first showroom in [...]
Lehman Brothers 10 years on September 4, 2018 It’s hard to believe that it’s almost ten years since financial markets globally underwent a cardiac arrest that brought the world economy to its knees. Financial markets had already been on a slow downward slope in the lead up to events in September 2008, over concerns about the stability of the global financial system that [...]
Gaming retailer Green Man prepares for £100m float as it targets ‘aggressive’ international expansion September 4, 2018 Online video game retailer Green Man Gaming has announced plans to float on the London Stock Exchange in order to “aggressively” expand into international markets. The company, which sells games for a number of consoles, including Sony PlayStation and Nintendo Switch, plans to list on the Alternative Investment Market (AIM) later this month with a [...]
Property bosses vent frustration in wake of Crossrail delays September 3, 2018 Senior property executives expressed anger and frustration today at the delay in the opening of Crossrail, as it emerged the postponement of the new line could result in substantial house price falls along its route. Emoov research carried out for City A.M. suggests property values could sink as much as £10,000 in the short-term, with [...]
City Moves for 4 September 2018 – who’s switching jobs at Hyperoptic, Brown Rudnick and Eve Sleep? September 3, 2018 Today's City Moves cover telecoms, legal eagles and mattress retail. Take a look at these movers and shakers: Hyperoptic Boris Dragovic has been appointed as chief strategy and transformation officer at Hyperoptic, the UK’s largest gigabit broadband provider. Boris will be responsible for ensuring that Hyperoptic has a winning strategy to bring cutting-edge broadband services [...]
Focus On Knightsbridge: Who actually lives in the land of Harrods and what homes are set to be ‘superior’ to One Hyde Park? August 31, 2018 Fast cars, flagship designer stores and fancy restaurants are all things that characterise Knightsbridge in the London hive mind. But who actually lives amongst this finery where, according to Hamptons International, the average home goes for £3.5m? “Vietnamese, Turkish, American, Bahrani, French, Italian…” reels off Charlie Willis, head of London residential agency at Strutt & [...]
Focus On Covent Garden: The tourist trap turned foodie hotspot also does homes August 31, 2018 Who lives in Covent Garden anyway? To most Londoners, this historic 17th century piazza is synonymous with street performers and burger bars. It’s always been a place to pass through on the way to the theatre, rather than a place to spend much time in or, god forbid, live in. But all that is changing [...]
Crossrail delayed by almost a year over safety issues August 31, 2018 Crossrail has been delayed by almost a year, the infrastructure firm behind the project has admitted today. The Elizabeth line, which had been expected to launch in December, will now open through central London in autumn 2019. It is understood the company only told Transport for London and the Department for Transport about the severe delay yesterday. [...]
Sales down again for Frankie & Benny’s owner The Restaurant Group but share price rises August 31, 2018 Frankie & Benny's owner The Restaurant Group reported another slip in sales this morning, as this year's changeable weather deterred punters from eating out. But shares in the company were up 3.8 per cent in early trading as it flagged improved trading since the end of the first half of the year. The figures Like-for-like [...]