Caterham Seven 170R review: Seeing the light July 7, 2022 With no windscreen and no frills, the Caterham Seven 170R is focused solely on driving fun. Tim Pitt straps in for a blustery good time.
Sink or swim: The peril of floating as an online media firm July 7, 2022 The excitement surrounding Buzzfeed’s IPO was palpable. It had a loyal following of millennials, millions of investment, and a private-market value of around $1.7bn (£1.4bn). Last summer, Buzzfeed founder and CEO Jonah Peretti said the float was about “taking the next step in BuzzFeed’s evolution, bringing capital and additional experience to our business”. He said [...]
Why locals prefer Aspen in the summertime July 5, 2022 Even from the air, it’s obvious Aspen isn’t quite like any other town. Situated at an elevation of 2,438m and surrounded on all sides by the snow-topped Rocky Mountains, this remote enclave even requires special pilot training to land at its tiny airport, dubbed one of the most dangerous in the world thanks to its [...]
Mike Ashley’s Frasers Group snares stake in Australian fashion marketplace as retail swoop continues June 30, 2022 Mike Ashley’s retail empire has nabbed a 29 per cent stake in Australia’s fashion platform MySale. Frasers Group has snared a 28.7 per cent holding in MySale, in its latest retail swoop, it announced on Thursday morning. My Sale puts global buyers in touch with sellers to Australian and New Zealand e-commerce sites. London-listed Frasers [...]
Chief execs at centre court, please ditch the sports analogies for business June 30, 2022 In many ways, leadership in business is like tennis, football and cricket – it’s about timing, precision and creating the right circumstances that allow you to maintain control of the ball. Anyone in business will have noticed that chief executives, managers and bosses from different sectors often use sports as analogies to help them inspire, [...]
Working up a sweat to earn cryptocurrency June 28, 2022 Crypto AM meets Oleg Fomenko, co-founder of Sweatcoin, who says the app has now been fully 'battle tested'.
Downing raises over £50m to boost investment plans June 23, 2022 Investment group Downing has announced it has raised over £50m for its renewables trust from its funding round earlier this month.
Mike Ashley’s Frasers Group ups stake in German fashion brand Hugo Boss, again June 22, 2022 Mike Ashley’s Frasers Group confirmed this morning it has increased its stake in luxury German fashion brand Hugo Boss once again. Frasers said it now has 3.4 million shares – a 4.9 per cent stake – in Hugo Boss and holds buy options over another 26 per cent shareholding. The group said its investment in [...]
Specialist insurer PIC buys out House of Fraser pensions scheme for £600m June 14, 2022 Specialist insurer Pension Insurance Corporation (PIC) bought out the House of Fraser pensions scheme, in a deal worth £600m, following the department store chain’s collapse in 2018. The British insurer will take over control of the pension scheme, which was formed in 2013, for ex who worked at House of Fraser, and its two subsidiaries [...]
Frasers adds troubled Missguided to empire in £20m takeover June 1, 2022 Frasers Group has snapped up beleaguered online retailer Missguided, the British retail giant confirmed in a regulatory filing today. The Mike Ashley-founded group, which owns House of Frasers and Sports Direct, has bought Missguided for £20m, following its collapse earlier this week. Fast fashion rival Boohoo was understood to be interested in buying the collapsed [...]