It looks like someone might bring an end to Ted Baker’s horrific time as a listed company. US private equity group Sycamore is weighing up an offer, perhaps drawn to… The post NYC private equity giant circles Ted Baker appeared first on London Business News | Londonlovesbusiness.com.
For the most part it’s been pretty tough going for Ocado since the heady days in September 2020 when it reached all-time highs of close to £30 per share. Back… The post Ocado hit by margin warning appeared first on London Business News | Londonlovesbusiness.com.
Fever Tree Drinks, the posh mixers, this morning warned that the rise in commodity prices has “created significant uncertainty” and dampened profit forecasts. Fever-Tree delivered revenue growth of 23% (26% at… The post Fever Tree fires warning over commodity price rises appeared first on London Business News | Londonlovesbusiness.com.
Ikea has suspended “operations in Russia” affecting 15,000 workers as they have shuttered its 17 outlets in the country. The Swedish flatpack furniture giant will “temporarily” pause production as three… The post Ikea ‘temporarily pauses operations in Russia’ due to huge human impact caused by the war appeared first on London Business News | Londonlovesbusiness.com.
Many UK bars and pubs have stopped selling Russian vodka in a stand against the invasion of Ukraine. Nightcap Group and Arc Inspirations have removed the popular Russian drink along… The post Amid the invasion of Ukraine UK pubs stop selling Russian vodka to show ‘support to the people of Ukraine’ appeared first on London…
Sainbury’s has announced in a shake up they are to “close 200 in store cafes next month” which will affect 2,000 jobs. The less popular hot food counters will be… The post Sainsbury’s to ‘close 200 in-store cafes next month’ putting 2,000 jobs at risk appeared first on London Business News | Londonlovesbusiness.com.
Research by KIS Finance has revealed that as a direct result of the rising cost of living, (57%) of Brits are either already struggling financially, or expect to do so… The post A massive 57% of Brits experience financial difficulties as Ukrainian crisis is making an already desperate situation worse appeared first on London Business…
On Tuesday the German Chancellor Olaf Scholz halted the Nord 2 natural gas pipeline from Russia which will cause prices for food and energy to soar affecting millions of households.… The post Brits warned to expect energy and food prices ‘will rise further’ hitting families hard amid Ukraine crisis appeared first on London Business News…
At the height of the pandemic, back in February 2021, online sales grabbed 35.6% of all retail trade as shoppers fled from the High Street. In contrast, the latest Office… The post Online sales tumble over 20%, but ‘reports of e-commerce’s death are greatly exaggerated’ appeared first on London Business News | Londonlovesbusiness.com.
With the online retail boom set to continue, Maxim Manturov, Head of Investment Research at c, outlines three of the top investment opportunities to watch out for. The appeal of… The post Retail investments: The top three stocks to watch amidst the rise in online shopping appeared first on London Business News | Londonlovesbusiness.com.
