Samsonite luggage-maker unpacks strong third quarter sales November 2, 2015 The world's biggest luggage-maker Samsonite International has posted a jump in third quarter sales thanks to strong demand for its suitcases in all of its regions, despite the strength of the US dollar hitting sales on a reported currency basis. The Hong Kong-listed company said net sales increased by 9.3 per cent to US$623.7m (£403.2m) [...]
Black Friday 2015: Amazon US reveals some of its best deals for 27 November – and how to get them even if you’re stuck in the UK November 2, 2015 It's three weeks until Black Friday, but Amazon has just thrown down the gauntlet to all other retailers planning to get in on the sales bonanza, unveiling some of its top deals available for US shoppers ahead of time. There is no word yet on what Amazon UK will be offering – a spokesman told [...]
The very highest-paying job specialisms in the finance sector include structurer, trader, M&A and leveraged finance November 2, 2015 The UK's finance sector is regarded by many as one of the best in the world when it comes to salaries – and for good reason: one study has found more UK bankers received €1m (£711,000)-plus bonuses than the rest of the EU combined. But how to get to the top of the top? Salary [...]
City Moves for 02 November 2015 | Who’s switching jobs November 2, 2015 LINKEDIN John Herlihy has been appointed vice president and managing director for Europe, the Middle East and Africa at the professional network. He joins from Google, where he was vice president of SMB sales and head of Google Ireland. Prior to that, Herlihy held leadership positions at tech companies in Europe and the United States. [...]
HMV and Game steal entertainment market share from Amazon in run-up to Black Friday 2015 UK sales November 2, 2015 HMV, Game Digital and Argos staged a comeback in the last three months after growing sales of video games, CDs and DVDs at the expense of their online rival Amazon. Figures released this morning by Kantar Worldpanel show that Amazon’s share of the physical entertainment market shrank by 1.2 percentage points (pp) in the 12 [...]
Pinpointing the potential of geolocation strategies November 1, 2015 Location-based targeting has become a real asset for mobile marketers. Unlike on desktop, cookies have never been a reliable way of tracking and optimising mobile campaigns. Dependent on the device itself, the environment and how the user splits their usage between the mobile web and apps, marketers have relied on log-ins, app software development kits [...]
Selfridges’ tills ring with record full-year profits November 1, 2015 Selfridges has post record profits of £155m for last year as the upmarket department store chain pushed ahead with its online expansion overseas and expanded its UK stores. The retailer, which has just unveiled its famous Christmas window displays on Oxford Street – this year inspired by the 12 signs of the zodiac – said [...]
Harrods cuts dividend by over 30 per cent despite rise in profits October 30, 2015 Harrods, the landmark London department store, cut its dividend payment by more than 30 per cent this year after a fall in turnover caused by 'tough trading conditions'. The retailer's financial accounts reveal although profits edged up 4.2 per cent, investors will receive a reduced dividend payment of £103m, a 31.3 per cent drop from last year's £150m record payout. Read [...]
Pets at Home share price falls despite rising sales October 30, 2015 Shares in Pets at Home slumped seven per cent to 290.4p in lunchtime trading, even though it posted a six per cent rise in revenue to £404.5m in the first half of 2015. In the six months to 8 October, total revenues for the pet retailer rose six per cent to £404.5m. The company posted like-for-like sales growth of 1.8 per [...]
Black Friday 2015 UK online shopping and E-commerce sales set to double – but payday could delay the peak until Cyber Monday October 30, 2015 With less than a month to go until the shopping frenzy of Black Friday, new research suggests retailers could expect spending to double this year – but payday could be delaying our shopping until Cyber Monday. E-commerce is set to soar against last year, according to PCA Predict. Co-founder Jamie Turner said that online sales [...]