Yodel reports most successul year yet after online retail rockets August 13, 2021 Delivery group Yodel has reported its most successful year on record as shoppers turned online during the pandemic. The Liverpool-based company said total volumes had grown by 28 per cent in the twelve months to June 2021 compared to 2020. There was a 12 per cent overall increase in volumes in the last quarter to [...]
XRP takes limelight as bitcoin stumbles at $47k – CityAM : CityAM August 12, 2021 Crypto at a Glance Bitcoin’s ascent continued yesterday, though the largest cryptocurrency by market cap has pulled back somewhat this morning from highs of nearly $47k. It’s down 2% over the last 24 hours at time of writing, changing hands for around $45,200. The markets generally continue to look in buoyant spirits though, with the [...]
City Moves: Who’s switching jobs in the Square Mile this week? August 11, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. Former Tesco director joins London’s Interpath as special advisor London-headquartered firm Interpath Advisory has appointed former Tesco director and retail veteran Christine Cross as a special advisor for the business. Cross’ extensive non-executive and advisory board [...]
Aston Martin Vantage F1 Edition 2021 review: safety car goes off-grid August 9, 2021 The Aston Martin Vantage F1 Edition is the showroom version of the official grand prix safety car. Tim Pitt drives it on the road and track.
Sutton United: How the non-league lifers did a Leicester – and why they have had to transform the club for their debut season in the EFL August 7, 2021 Sutton United’s long-serving chairman Bruce Elliott has more than one reason to look forward to today’s trip to Forest Green Rovers. Elliott’s overriding emotion will be pride that the club he has been involved with for half a century has reached the English Football League (EFL) for the first time in their 123-year history. But [...]
Mike Ashley: Will the headline-grabbing Sports Direct boss go quietly? August 5, 2021 Frasers Group boss Mike Ashley is to relinquish his position as chief executive of the retail group after decades in the spotlight but there are suggestions the billionaire will continue to call the shots. The Sports Direct founder will hand over the reins next year to his daughter’s fiancé, Michael Murray, the group confirmed in [...]
Mike Ashley to hand reins of Sports Direct retail empire to future son-in-law August 5, 2021 The board of Frasers Group confirmed suspicions that CEO Mike Ashley will be replaced next year by his daughter’s fiancé, Michael Murray, in the group’s financial update. 31-year-old Murray is currently the firm’s “head of elevation” and has been in charge of modernise the owner of Sports Direct and House of Fraser, as well as [...]
Mike Ashley ‘set to step down’ as chief exec of Frasers Group August 3, 2021 Mike Ashley is reportedly set to hand control of his retail empire to his prospective son-in-laww after nearly 40 years in charge of Sports Direct. The Telegraph reported that the Frasers Group chief executive could confirm the decision alongside the firm’s results on Thursday. It is expected that he will become the deputy chairman of [...]
Sports Direct owner Frasers Group set for ‘upbeat’ update after reopening stores July 30, 2021 An “upbeat” trading update is reportedly expected from Mike Ashley’s Frasers Group, which owns Sports Direct, in the hope that the reopening of high street stores have pushed up sales The retail giant was more cautious in its outlook in April despite the reopening of retailers across the UK. It warned it could take a [...]
Why the British and Irish Lions brand has gone from strength to strength – and what the future holds for the touring side July 30, 2021 Ahead of this weekend’s second Test between the British and Irish Lions and South Africa, City A.M. examines why the touring side’s brand has endured and how it might evolve. “It shouldn’t work,” former England captain Lewis Moody says of the British and Irish Lions. The concept of a band of disparate players from the [...]