No cloudy business: Aldi did not infringe Thatchers’ trademark over lemon cider January 24, 2024 Aldi did not infringe on Thatchers’ trademark with its cider lemon drink, a judge ruled today, bringing a sigh of relief to the low-cost supermarket’s busy legal team. The English cider brand launched legal action against Aldi back in September 2022 over its cloudy lemon cider. Thatchers called on South West law firm Stephens Scown [...]
It’s gin time: Aldi faces off with Marks and Spencer in court over light up bottle January 23, 2024 Aldi and Marks and Spencer are back in court today for round two of their fight over a light up gin bottle with gold flakes. Marks and Spencer launched an intellectual property legal action against discount supermarket rival Aldi back in 2021 over a gin. Marks and Spencer introduced a new line of gin based [...]
Ocado: Marks-linked grocery tech giant cheers bumper online Christmas orders January 16, 2024 Ocado Retail, the grocery delivery service owned in a joint venture with Marks and Spencer, said it would return to positive EBITDA for the full year, as customers fall back in favour with the brand
Ocado: Are price cuts and M&S magic enough to help shares recover? January 14, 2024 Ocado will update investors on its fourth quarter trading on Tuesday, to see if a barrage of price cuts has managed to win over more customers amid the cost of living crisis. The supermarket technology business, which owns an online grocery venture with Marks and Spencer, enjoyed big wins during the pandemic but has struggled [...]
John Lewis brings back former fashion boss in bid to turn fortunes around January 12, 2024 John Lewis is bringing back its former director Peter Ruis to lead the department chain, in its latest efforts to turnaround the business. Ruis will return to the ailing retailer as executive director after a near decade long hiatus. The high street heavyweight has had senior level stints at some of the world’s most recognised [...]
Marks and Spencer: Good Christmas gives retailer a ‘spring in its step’ as food sales rocket to £2bn January 11, 2024 Marks and Spencer has maintained its guidance for the year after it racked in over £2bn in food sales over the Christmas period.
Moving markets today: What’s shaping the FTSE 100 this morning January 10, 2024 Today's market highlights: Japan's Nikkei 225 at a 33-year high, stable U.S. Dollar, Bitcoin's rollercoaster, ongoing oil price surge, and anticipation for U.S. inflation figures.
Moving markets: Five things shaping the FTSE 100 today January 9, 2024 Asian markets surge amid weaker dollar, gold and oil prices climb, bitcoin surges, United Airlines uncovers loose bolts on multiple 737 max, eyes on U.S. inflation and JPMorgan chase/Citigroup earnings this week
Moving markets today: What’s shaping the FTSE 100 this morning January 8, 2024 Moving Markets Today: Asia Stocks Trade in Tight Ranges, U.S. Congress Leaders Finalize $1.66 Trillion Budget; Alaska Airlines Cancels 170 Flights, Corporate Earnings Season Begins Investors in Asian stock markets were cautious as they await inflation data from both the U.S. and China, as well as company earnings. U.S. Congress leaders have agreed on a [...]
Mark Kleinman’s 2024 bold predictions: A BP bid, a new gig for Rose and much, much more January 4, 2024 Mark Kleinman gets the City of London talking - and his ten bold predictions for British business in 2024 will certainly do that