CITY MOVES | WHO’S SWITCHING JOBS June 8, 2010 Signia Wealth The ultra high net worth wealth manager has hired mobile phones tycoon John Caudwell to take up a seat on its advisory board. Caudwell will provide entrepreneurial leadership for the firm alongside its other advisers, including private equity guru Jon Moulton. Caudwell previously founded and led the Caudwell Group, including mobile phone retailer [...]
WM Morrison poaches Waitrose second in command as seeks to move upmarket June 8, 2010 WM Morrison yesterday lured Richard Hodgson from Waitrose to be commercial director to replace trading director Martyn Jones, who has been give the new role of corporate services director. Jones will take up his new position from September 2010 when he will step down from the Morrison’s board. Hodgson has experience across all areas of [...]
Ocado offers top shoppers share chance June 7, 2010 ONLINE supermarket Ocado has offered its most loyal customers the chance to buy shares if it goes ahead with plans to float on the London Stock Exchange. Chief executive Tim Steiner told customers in a letter yesterday that anyone who has spent £300 with the online grocer this year would be eligible to participate in [...]
Fresh Ocado deal boosts plans to float May 26, 2010 OCADO has struck a new 10-year partnership deal with Waitrose – strengthening its position as it presses ahead with plans to float. The two firms said yesterday they had sealed a deal under which Ocado will be able to continue selling Waitrose products until September 2020. A previous agreement had been due to expire in [...]
SEX AND THE CITY 2 SPECIAL May 24, 2010 SPECIAL EDITION SKYY BOTTLE What would Sex and the City be without vodka cocktails? With this in mind, Costume Designer Patricia Field has designed a limited edition SKYY Vodka Sex and the City 2 bottle, the first themed design change to the iconic cobalt blue SKYY bottle in the brand’s history. Bottles are £15.29 from?Waitrose, [...]
Waitrose sees sales surge May 11, 2010 Waitrose has seen sales growth, excluding petrol, of 11.6 per cent for the 13 weeks to the end of April. The supermarket giant said that like for like branch sales are up 3.4 per cent (including VAT), in a trading update. Waitrose said that it has seen a surge in sales of party food as [...]
Bolland takes the helm as M&S chief May 4, 2010 A NEW era was ushered in at Marks & Spencer yesterday as former Morrisons chief Marc Bolland took the hot seat at the retailer. The Dutch executive faces the pressure of living up to a £15m remuneration package as he takes on the challenges of shaking up the company’s clothing range. Modernising the stock while [...]
M&S sales up as staff given £80m bonus April 8, 2010 STAFF at Marks & Spencer will be handed an £80m bonus pot after the retailer ended the year with better-than-expected same store sales of 5.1 per cent in the UK. The figures were fuelled by the unseasonally cold weather which saw a massive jump in the sake of woollens. M&S said that total like-for-like sales [...]
Pink power April 7, 2010 T HE tangiest of British vegetables, so long relegated to fools and crumbles, stepped into the (pink-tinged) lime-light last week. Rhubarb made headlines when Waitrose suddenly found itself entirely sold out of the British variety, thanks to an advert featuring Delia Smith and a rhubarb and ginger brulee recipe. In just four days, the supermarket [...]
FOOD & BOOZE NEWS March 31, 2010 BRUNCH AT HAWKSMOOR We’ve long known that East End restaurant Hawksmoor was one of the best places to eat meat, and it’s now servring a truly spectacular brunch. From 11am you can get stuck into steak and eggs – choose from seven different steaks, and add half a lobster if you like – sausage and [...]