Author: Scott Dylan

Boohoo has halted payments to some suppliers, raising concerns about clothing quality.Involvement includes around 10 of the estimated 500 global manufacturers.A marked increase in faulty goods has prompted Boohoo to take action.Boohoo is engaging with suppliers to improve the situation.The company’s revenue has also declined, affected by market conditions.Boohoo has taken the step of withholding payments from a select group of suppliers, citing issues with poor clothing quality. This development involves approximately 10 manufacturers out of an estimated total of 500 operating globally, as reported by The Telegraph.A source detailed that Boohoo is currently undertaking a “three-month programme of work”…

Ted Baker’s remaining stores are set to close on 20 August, creating uncertainty around its future.The potential licensing deal with Mike Ashley’s Frasers Group remains unresolved, prompting closures.Closure of 31 stores threatens approximately 500 jobs, a challenging prospect for many employees.Ted Baker’s owner, Authentic Brands Group, entered administration in March, complicating the situation.The closure follows unsuccessful talks with new operating partners, impacting the brand’s presence.Ted Baker, a premium fashion retailer, is facing significant upheaval as its final 31 stores are set to close on 20 August. This development comes amidst ongoing uncertainty surrounding a possible licensing agreement with Frasers Group,…

The iconic former Merseyside Police headquarters site in Liverpool, overlooking the world-renowned waterfront, is now available for redevelopment. With its prime location along Liverpool’s vibrant skyline, this offers a unique opportunity for developers to create a landmark destination.As the site is released to the market, prominent developers are expected to reimagine this historic site, integrating innovative designs that respect its rich heritage while contributing to Liverpool’s continued economic and cultural growth.Prime Real Estate Opportunity in LiverpoolThe iconic former Merseyside Police headquarters, located at Canning Place near Liverpool’s renowned waterfront, has been placed on the market. This site is hailed by…

British Engineering Services Group has successfully acquired UbiQ Group, a specialist in height access solutions. This acquisition marks a significant expansion of BES’s risk management services, integrating UbiQ’s expertise in industries like railways and energy.In a strategic move, British Engineering Services (BES) has expanded its portfolio by acquiring Stoke-on-Trent-based UbiQ Group. Known for their proficiency in working at height, UbiQ provides essential services such as inspections, surveys, maintenance, and cleaning in challenging environments. With a skilled team of 20, UbiQ has proven to be a crucial player in sectors such as railways and energy, contributing excellent expertise in demanding areas…

A fossil hunter in Mississippi has made an extraordinary discovery, unearthing a tusk from an ice age Columbian mammoth.The find, which took place in a creek in Madison County, marks the first complete mammoth tusk discovered in the region, offering new insights into the ice age mammals that once roamed North America.Discovery of a LifetimeAmateur fossil hunter Eddie Templeton was scouring a Mississippi creek when he encountered an unexpected treasure. Wading through nearly a metre of water, he stumbled upon a colossal tusk partially exposed from the mud bank. Conditions were far from ideal for fossil hunting, yet Templeton unearthed…

Tapestry reports a moderate increase in revenue amid mixed brand performance.The company’s revenue rises by 1% to $6.67 billion due to strong Coach sales.Coach sees a 3% sales increase, offsetting declines in other brands.Gross profit reaches $4.89 billion, marking a 3.8% year-on-year rise.International sales grow, with Europe and Asia showing robust gains.Tapestry, the parent company of renowned brands such as Coach, Kate Spade, and Stuart Weitzman, experienced a modest revenue increase of 1% for the fiscal year ending 29 June 2024. The company’s total revenue reached $6.67 billion (£5.17 billion), largely driven by record sales of the Coach brand.The performance…

The North East’s newly expanded mayoral authority is in search of key leaders. These roles are essential to advancing regional economic growth, innovation, and skills.Strategic Roles for Economic ProgressThe North East mayoral authority, established in May following the expansion of the North of Tyne devolution deal, is seeking to appoint directors for economic growth and innovation, along with skills, inclusion, and public services reform. These roles are pivotal in steering the regional economy towards a prosperous future, with a salary range between £138,000 and £149,000 offered, as advertised by Proventure Consulting.The Vision for Economic TransformationMayor Kim McGuinness prioritised several economic…

The recent closure of Coventry Engineering Group has resulted in significant job losses, marking the end of a notable manufacturing entity. The company, known for its precision tooling, faced insurmountable financial hurdles.With administrators stepping in, efforts to rescue the firm were in vain, leading to its cessation. The ripple effects of this closure will be felt by the employees and the local community alike.Closure of Coventry Engineering GroupCoventry Engineering Group, a notable name in the field of precision tooling manufacturing, has ceased operations. The company, previously located in the Bayton Road Industrial Estate, faced substantial challenges leading to this outcome.…

Louis Vuitton announces England footballer Jude Bellingham as its ‘Friend of the House’, blending sports and fashion.Bellingham participated in Pharrell Williams’ fashion show during Paris Fashion Week, cementing his relationship with Louis Vuitton.Louis Vuitton praises Bellingham’s style and sportsmanship, seeing him as a fashion icon among athletes.Pharrell Williams, the brand’s creative director, welcomes Bellingham and appreciates his charisma and achievements.Bellingham’s football journey includes successful stints with Birmingham City, Borussia Dortmund, and Real Madrid.Louis Vuitton, the prestigious French fashion house, has appointed Jude Bellingham, an England international footballer, as its newest ‘Friend of the House’. This partnership marks a significant intersection…

A significant transition has taken place within the Birmingham printing sector. Set & Match, a well-established name, is now under the leadership of Stuart Mills.Following a strategic management buyout, Stuart Mills steps into the role of managing director at Set & Match. This change comes after acquiring funding from Time Finance, setting a new course for the company’s future.Set & Match, a printing company rooted in Birmingham, has undergone a management buyout led by Stuart Mills. This move allows Mills to consolidate his control by acquiring shares from previous stakeholders, positioning him to integrate Set & Match with Colprint, another…