Hugo Boss: Profit slashed in ‘year of investment’ as sales dip from record high September 23, 2024 Profit at the UK arm of Hugo Boss was slashed by almost 50 per cent in a “year of investment” as its sales fell back from a record high, it has been revealed. The London-headquartered arm has reported a pre-tax profit of £16.8m for 2023, according to newly-filed accounts with Companies House, down from £30.4m [...]
Two of Mike Ashley’s brands face audit problems after payroll data goes missing September 22, 2024 Two fast-fashion brands at Mike Ashley’s Fraser Group, I Saw it First and Choice, have been affected by audit issues after their payment data could not be verified. Auditors Cooper Parry were unable to verify £7m of wages and salary payments at I Saw It First, according to This Is Money. The fast-fashion brand said [...]
Alfa Romeo Giulia Quadrifoglio review: A blast from the fast September 20, 2024 After nine years, the Alfa Romeo Giulia Quadrifoglio should probably be shuffling off arthritically into the sunset. Instead, this old stager has come out fighting, with a second facelift designed to keep it competitive with the BMW M3 and Mercedes-AMG C63. A case of too little, too late? The Guilia has always been beautiful, so [...]
Lotus Theory 1 concept signposts future of electric sports cars September 19, 2024 The wraps are off a radical new electric concept car from Lotus, designed to showcase the ‘future of intelligent performance vehicles’. The Lotus Theory 1 demonstrates the British company’s new design manifesto – and reveals new technological innovations. From robotic textiles and haptic feedback on the inside, to recycled materials for its exterior, the Theory [...]
Caterham Seven 360R review: It’s coming home September 19, 2024 Growing up in Caterham, Surrey, at house number seven, I felt a strong connection to the local company that once lined up on the Formula One grid. It was exciting peering into the nearby Caterham Cars showroom (now a retirement home), but driving a Seven 360R – collected from Caterham’s new factory in Dartford – [...]
Ed Warner: Seb Coe, Gary Glitter and the most powerful job in sport September 19, 2024 Seb Coe, newly confirmed as one of seven candidates for the presidency of the International Olympic Committee (IOC), is regarded as a serial vote winner. It wasn’t always thus. Witness his single term in office as the MP for Falmouth and Camborne in Cornwall, ousted by Candy Atherton as Labour swept to power in 1997. [...]
What happens now that the Paris 2024 show is over? September 12, 2024 The Paris 2024 show’s over. What next? The small subset of Olympians in sports with lucrative circuits have already returned to action: US Open tennis, club and international football, golf’s Tour Championship, La Vuelta cycling and Diamond League athletics to the fore. The significance of the Games for these athletes will differ from sport to [...]
Mike Ashley works his magic at Hornby as sales jump September 11, 2024 The impact of Mike Ashley advising Hornby, the international models and collectibles group, has been revealed. The retail tycoon. whose Frasers Group significantly upped its stake in the Kent-headquartered listed company in February, took up a consultancy role in March. Hornby, in a trading update to the London Stock Exchange, has revealed that its sales [...]
House of Fraser: Profit doubles at Mike Ashley’s department store chain amid store closures September 10, 2024 House of Fraser more than doubled its pre-tax profit despite a fall in revenue after closing stores across the country, it has been revealed. The performance of the department store chain, which is owned by Mike Ashley’s Frasers Group, has been outlined in accounts filed with Companies House more than seven months after the deadline. [...]
NFL: Chiefs three-peat, private equity and Louis Rees-Zammit September 5, 2024 The NFL returns this weekend as the American football season gets ready to dominate our London late evenings. With just 157 days until Super Bowl LIX – this season held at Caesars Superdome, New Orleans, Louisiana – all eyes will be on the Kansas City Chiefs as the look to win another title, while the [...]