Office Space: In the first of our new series exploring London’s most stunning HQs, we explore designer Tom Dixon’s new offices in King’s Cross September 20, 2018 For some companies, an office is simply a place for their employees to sit, or a meeting space for clients. For Tom Dixon, it’s a showroom, a business hub, a hip hangout, a restaurant, an arts and crafts school and a community outreach facility. There are also employees, of course, sitting behind desks and computers, [...]
Retail sales beat expectations as shoppers continue spending spree September 20, 2018 Retail sales volumes beat expectations and rose 0.3 per cent in August as British shoppers continued to spend. The Office for National Statistics data showed sales jumped 3.3 per cent on August last year. There were increases across all sectors except food, clothing and petrol. Read more: Retail industry fears 'tipping point' amid looming business [...]
Retail sales beat expectations as shoppers continue spending spree September 20, 2018 Retail sales volumes beat expectations and rose 0.3 per cent in August as British shoppers continued to spend. The Office for National Statistics data showed sales jumped 3.3 per cent on August last year. There were increases across all sectors except food, clothing and petrol. Read more: Retail industry fears 'tipping point' amid looming business [...]
French Connection losses deepen as it rues tough trading environment September 20, 2018 Retailer French Connection said it was still on track to return to profitability by the end of the year despite reporting declining revenues. Its shares took a six per cent hit on Thursday morning after the update. The figures Group revenues took a 2.4 per cent hit to fall to £58.1m, as the company said [...]
French Connection losses deepen as it rues tough trading environment September 20, 2018 Retailer French Connection said it was still on track to return to profitability by the end of the year despite reporting declining revenues. Its shares took a six per cent hit on Thursday morning after the update. The figures Group revenues took a 2.4 per cent hit to fall to £58.1m, as the company said [...]
Spirit in the sky: City Pub Group sees profits jump after bumper World Cup summer September 20, 2018 Aim-listed pub landlord City Pub Group has posted a 73 per cent rise in pre-tax profit on the back of a bumper summer of good weather and a successful World Cup run. Profits before tax rose to £1.6m in the first six months of 2018, rising from £0.9m compared with the same period last year, [...]
Spirit in the sky: City Pub Group sees profits jump after bumper World Cup summer September 20, 2018 Aim-listed pub landlord City Pub Group has posted a 73 per cent rise in pre-tax profit on the back of a bumper summer of good weather and a successful World Cup run. Profits before tax rose to £1.6m in the first six months of 2018, rising from £0.9m compared with the same period last year, [...]
Cath Kidston to review UK store locations in bid for higher footfall September 19, 2018 Fashion retailer Cath Kidston is reviewing the locations of its UK stores as it looks to move to destinations that attract higher footfall. The brand, which has 65 stores across the UK including pop-ups and concessions, is reviewing individual branches as leases come up for renewal at which point it will consider whether to relocate the store to a [...]
Cath Kidston to review UK store locations in bid for higher footfall September 19, 2018 Fashion retailer Cath Kidston is reviewing the locations of its UK stores as it looks to move to destinations that attract higher footfall. The brand, which has 65 stores across the UK including pop-ups and concessions, is reviewing individual branches as leases come up for renewal at which point it will consider whether to relocate the store to a [...]
Kingfisher hurt by French unit again September 19, 2018 Kingfish posted a 14.7% fall in first-half pre-tax profit to £375 million, while analysts were anticipating £386 million. The French business was the underperformer of the group, while the British and Polish operations performed well. Gross margin dropped by 40 basis points due to logistics and stock inefficacies largely in France. The group revealed a [...]