Asos to cut 200 jobs at head office as it battles cheaper fast fashion rivals September 25, 2024 Asos is planning to chop 200 roles from its head office as it looks to restructure its business in the face of mounting difficulties post-pandemic due to intense competition from cheaper rivals, according to reports. Asos said that current set-up was “no longer suitable for today’s business priorities and context… We need to move faster [...]
HSBC considers naming first female CFO in bank’s 159-year history September 24, 2024 HSBC is reportedly considering naming its first female chief financial officer in its 159-year history, with Pam Kaur said to be a favourite for one of the top jobs at Europe's biggest bank.
Moving out of the city? It might come with a penalty if you’re a woman September 24, 2024 We all know about the gender pay gap, but what about the urban-rural one? Dr Sabine D'Costa tells us about her latest research in today's Notebook.
Mission Group: Mastercard contract win helps group growth September 24, 2024 Advertising agency Mission Group posted first half results in line with expectations as it gears up to open a new office in Saudi Arabia to muscle in on the region. The London-listed company reported revenue edged up two per cent to £42.2m in the six months to 30 June. Excluding the results of the group’s 80 per cent [...]
Bank of London: Questions persist over unicorn’s finances and governance September 24, 2024 In the span of just two weeks, fintech "unicorn" The Bank of London has gone from relative obscurity to being thrust into the public spotlight for all the wrong reasons.
The Capitalist: The Lord Mayor’s (self-funded) clothes; Old Street Non-Roundabout slammed; Tories party; and Clegg gives advice September 19, 2024 A look into the Lord Mayor's wardrobe, Old Street's new "non-roundabout" and Nick Clegg dishes out some career tips in this week's diary.
Worst corporate jargon of the week: The roadmap September 19, 2024 "Get in losers! We’re going to lift sales by five per cent in quarter four!"
A car-free Oxford Street does sound dreamy, but there’s a problem: buses September 19, 2024 An Oxford Street with no cars is a charming fantasy. But ignore the "red wall of metal" at your peril, writes James Ford
Post Office boss Nick Read to step down next year as successor named September 18, 2024 Post Office chief executive Nick Read will step down from the role in March next year, the company has announced. Neil Brocklehurst, the current interim chief operating officer, is expected to replace Read, who temporarily stepped back from the role in July to give his “entire attention” to the Horizon scandal inquiry. At the time, [...]
Footasylum: New flagship Oxford Street store helps profit more than double September 18, 2024 Pre-tax profit more than doubled at footwear and sportswear retailer Footasylum during its latest financial year. The Greater Manchester-headquartered company has reported a profit of £6m for the year to 27 January, 2024 , up from the £2.8m it posted for the prior 12 months. During the year Footasylum opened a flagship 20,000 sq ft Oxford Street [...]