Billboards and out-of-home adverts are more relevant than ever in the digital age November 5, 2018 We all know that the digital age has revolutionised marketing. The spread of the internet into every aspect of our lives and the prevalence of big data means that consumers are now served more ads (both in quantity and in relevance to our actual tastes and interests) than ever before, while marketers have had to [...]
Marks and Spencer results will reflect the high street’s health November 4, 2018 Results from Marks and Spencer’s clothing range – long the weaker twin to its strong food offering – will be closely watched when the retailer reports on Wednesday, after difficult results for several of its rivals. Consensus estimates from 11 analysts suggest the FTSE 100 firm will post half-year profits before tax of £203m, a [...]
City Moves for 24 October – who’s switching jobs at Landor, Duff & Phelps and Nodthera? October 24, 2018 Here are today’s City Moves: at Landor, Duff & Phelps and Nodthera. Landor Landor, one of the world’s leading global brand consultancies, today announced that Peter Knapp has been named chairman, effective immediately, in addition to continuing his role as chief creative officer. T his new position reports to Landor chief executive Jane Geraghty. A 25-year [...]
Intu’s property empire loses £300m of value as retailers shut up shop October 23, 2018 Intu took a £300m hit to its property valuation in its latest quarter, also cutting its rental growth forecast amid the UK’s high street decline, it revealed today. The shopping centre chain is currently mulling a £2.9bn takeover offer from a consortium including British billionaire John Whittaker, Saudi investment group Olayan, and Brookfield Property Group. [...]
A luddite levy on online shopping won’t help the high street October 23, 2018 Time and time again over the past few months, we’ve heard prominent figures in the retail world call for a special sales tax on online companies to help prop up their struggling sector, from the Tesco chief executive Dave Lewis, to the New West End Company that represents Selfridges and Marks & Spencer. Chancellor Philip [...]
iPhone maker Apple named the UK’s top employer October 22, 2018 US tech giant Apple has been named the UK’s best employer by recruitment website, Indeed. The rankings assessed factors including career progression, flexible working opportunities and salary across millions of reviews. Read more: Apple finds a coffee cup that will track your caffeine intake Apple was commended by its employees for its good pay, positive [...]
M&S, Tesco and Primark bosses to face MPs over fast fashion ‘waste’ October 5, 2018 Parliament's environmental audit committee has asked the bosses of 10 UK clothing retailers to reveal their environmental records, amid concerns about serial clothes dumping. High street staples Marks & Spencer, Primark, Next, Tesco, Asda and Sports Direct – among others – will also be summoned to parliament to face questions from the committee in November. Fast fashion is shorthand [...]
Diageo, WPP and Standard Chartered top league table of leading UK brands for gender equality October 4, 2018 Drinks maker Diageo, WPP and Standard Chartered have been named as the top performing UK companies for gender equality. However, the study admitted that despite progress being made, there was still a "long way to go" before equality was achieved in companies worldwide. General Motors in the US was the top performing brand worldwide. Worldwide, [...]
Online-only retailers outpace their bricks and mortar rivals as fresh evidence of high street troubles emerge September 26, 2018 Online-only retailers’ sales have grown 24 times faster than those of bricks and mortar firms in the last five years, according to new data which underlines the current woes facing high street shops. A report out today from data specialist GBG Loqate shows that pure-play online retailers have grown their sales by 281 per [...]
Brockmans Gin doubles UK sales as supermarket expansion pays off September 24, 2018 High-end spirit producer Brockmans Gin nearly doubled UK revenues in the first six months of the year, and grew by a third globally. First-half revenue increased 35 per cent to £4.73m from £3.5m in the same period of 2017, while the company’s UK sales climbed 90 per cent, outstripping market growth of 38 per cent. The Surrey-based [...]