Boohoo parachutes in ex-Betfair and Zoopla CFO after incumbent quits January 23, 2024 Embattled fashion brand Boohoo has drafted in a new chief financial officer, formerly of Betfair and Boohoo, after the incumbent quit with immediate effect this morning.
Mike Ashely’s Frasers Group raises stake in Boohoo to 22 per cent January 18, 2024 Mike Ashely’s Frasers Group has upped its stake in Boohoo again, taking it from 17 per cent to over 22 per cent. Shares in the fast fashion firm leaped over three per cent this morning as investors responded positively to the news. Frasers, formerly called Sports Direct, said over the summer its purchase of Boohoo [...]
Frasers: Chief calls for reform of ‘outdated’ business rates regime September 18, 2023 The boss of Frasers Group, Michael Murray, has described the business rates regime as a “disaster” and urged the government to overhaul the system.
Sabalenka to become world No1 after win over Zhang at US Open September 6, 2023 Former Australian Open winner Aryna Sabalenka made it four out of four Grand Slam semi-final appearances this year after the Belarusian toppled Qinwen Zheng yesterday at Flushing Meadows. On track for her first ever US Open title, Sabalenka beat her Chinese opponent 6-1 6-4 in Arthur Ashe Stadium to reach the final four in New [...]
BHP boss bullish over demand in China as Aussie miner’s profits tumble August 22, 2023 Miner BHP has cut forecasted growth in China and reported profits down by 37 per cent last year, but CEO Mike Henry remained optimistic this morning
AO World swings back to profit thanks to reduced costs while revenue down 17 per cent July 5, 2023 AO World swung back into profit on reduced costs and better margins as the firm said it made a 17 per cent loss in revenue in its annual results. The white goods retailer said revenue decreased by 16.8 per cent to £1.1bn compared to £1.3bn in the same period last year ending 31 March, as [...]
Online retail firms in trouble as punters turn back to the high street June 19, 2023 E-commerce retailers which were bolstered by Brits stuck at home during the pandemic are now going bust, a new report shows, as the cost of living crisis continues to eat away at businesses. The number of insolvencies of UK e-commerce businesses rose 71 per cent to 529 in the past year, up from 309 in [...]
Women’s Ashes: England name squad for historic series June 12, 2023 England have named their squad for this summer’s Women’s Ashes series. Lauren Filer and Danielle Gibson could make their debuts for England in a series which has seen well over 70,000 tickets sold. The Women’s Ashes sees England and Australia compete in one Test, three International Twenty20 matches and three One-Day Internationals. The likes of [...]
The success of London’s financial services can create equality of opportunity in the UK June 12, 2023 Our financial services spread opportunities throughout the UK. We have to build on their success to put our country at the forefront, and make it a good place where to live for everyone, writes Chris Hayward
Ed Warner: Taking part is all well and good, but compelling sport is about winning May 11, 2023 “The important thing in the Olympic Games is not winning but taking part.” Really, Baron? That’s so 19th century! I’d love to hear the thoughts of a time-travelling Pierre de Coubertin in the Stade de France at Paris 2024, or perhaps in the stands at a Premier League football match, or ringside at a heavyweight [...]