Author: Scott Dylan

Premium unisex fashion brand Pangaia has launched its first standalone store in the UK, situated in London’s iconic Carnaby Street.The 1,500 sq ft store features a minimalist interior design with a focus on sustainability.A prominent blue sphere art installation in the store symbolises Pangaia’s dedication to earth-friendly practices.CEO Nathalie Longuet expressed enthusiasm over the UK launch, highlighting the synergy between nature and fashion in the urban setting.Michelle McGrath of Shaftesbury Capital praised Pangaia’s innovative approach, reinforcing Carnaby Street’s reputation as a hub for trendsetting brands.Pangaia, known for its commitment to sustainable fashion, has opened its first standalone UK store in…

Hugo Boss has revised its financial outlook for 2024 amid a tough second quarter, reflective of the current challenging market conditions.The company’s updated revenue growth prediction suggests a noticeable decrease from previous estimates.Operating profit expectations have similarly been revised downward, highlighting the challenges faced.Second-quarter sales figures indicate varied performance across geographic regions and product lines.CEO Daniel Grieder remains optimistic about long-term growth in light of strategic investments.Hugo Boss recently announced a adjustment of its financial forecast for the fiscal year 2024 after encountering a challenging second quarter. The premium fashion brand now projects a modest sales increase of 1% to…

PropCall has secured a strategic agreement with the John Lewis Partnership’s build-to-rent arm.This partnership boosts PropCall’s role in providing smart property management services, enhancing tenant satisfaction.Introduction to the PartnershipIn an evolving collaboration, PropCall has entered into a significant partnership with the John Lewis Partnership’s build-to-rent division. This marks an exciting opportunity for the tech firm as it expands its service offerings within the property management sector.The John Lewis Partnership, renowned for its employee-owned structure, established BTR Operating Ltd to manage rental properties, enhancing its footprint in the build-to-rent market. By aligning with PropCall, the partnership aims to fortify its out-of-hours…

The plans for a pioneering hub in Atom Valley have been unveiled, signalling a transformative period for the region. As a cornerstone of growth in Greater Manchester, Atom Valley’s new centre promises to generate significant advances in technology and manufacturing.Unveiling Atom Valley’s Ambitious PlansThe unveiling of plans for an innovative hub at Atom Valley marks a significant milestone in the advancement of Greater Manchester’s technological landscape. The proposal for a new Sustainable Materials and Manufacturing Centre (SMMC) at Kingsway Business Park is projected to generate an array of economic opportunities. This ambitious project is part of a broader vision to…

Burberry’s CEO has resigned amidst challenging times, with a notable decrease in revenues and share prices.Jonathan Akeroyd steps down as CEO following a 22% decline in revenue for Q1 2024.Burberry’s share price dropped 16% after the announcement, hitting the lowest in 14 years.Industry analysts deemed the resignation unsurprising given the company’s financial struggles.Joshua Schulman, former Michael Kors CEO, has been appointed as Akeroyd’s successor.Jonathan Akeroyd, who served as Burberry’s CEO for two years, has resigned following a 22% year-on-year decrease in revenue, falling to £458m for the 13 weeks ending 29 June. This challenging financial scenario was further highlighted when…

The North East business landscape has witnessed a series of significant deals this week.These developments encompass major contracts, strategic acquisitions, and robust investments, reinforcing the region’s dynamic economic environment.The leadership of TSG has successfully completed a significant management buy-out, facilitated by Pictet Alternative Advisors’ investment. This strategic move signifies a pivotal moment for TSG, originally established in Newcastle, now headquartered in Kingsway. With a strong presence in both London and Glasgow, TSG has experienced robust growth, demonstrating a remarkable trajectory in turnover and profit margins. The company remains committed to advancing its technological solutions for SMEs, solidifying its status as…

The second edition of Pure London x JATC brought together over 160 brands and a steady flow of buyers.Exhibitors highlighted the diversity and uniqueness of brands, enhancing networking opportunities.Despite external events, the hybrid trade show maintained a consistent presence of local and international buyers.Catwalks and panel discussions were pivotal in enriching the event’s content and engagement.The upcoming edition of the trade show is set for February 2025, promising further brand curation.The second iteration of the hybrid trade show Pure London x JATC took place from 14 to 16 July, coinciding with the women’s premium fashion event Scoop. Over 160 brands…

Migso-Pcubed, a global consultancy specialised in project and change management, has inaugurated a new office in Birmingham.This expansion in Alpha Tower aims to boost the company’s regional presence and create a hundred new jobs by 2026 across several roles.Migso-Pcubed, headquartered in France, has selected Birmingham for its new office to serve as a strategic hub in the UK. Its operations span over various sectors including manufacturing, energy, utilities, and financial services. This move is part of the company’s broader UK expansion strategy, building upon existing bases in London, Bristol, and Manchester.The company operates in forty locations worldwide, furthering its presence…

Burberry has announced a significant leadership change as it seeks to navigate a period of declining sales and financial uncertainty.Joshua Schulman, former CEO of Michael Kors, steps in to replace Jonathan Akeroyd, beginning July 17th, with a mandate to revitalise the brand’s market position.Immediate Leadership ChangeBurberry has swiftly navigated a major leadership transition amidst financial challenges. Long-standing CEO Jonathan Akeroyd has departed by mutual agreement, effective immediately. His replacement, Joshua Schulman, known for his pivotal role at Michael Kors, is tasked with steering Burberry back to profitability starting July 17th.This sudden shift comes as Burberry braces for challenging financials, including…

Elbit Systems UK, a subsidiary of Israeli defence giant Elbit Systems, recently found itself at the centre of a demonstration in Bristol. Organised by Palestine Action, the protest aimed to disrupt operations at the Aztec West site, underscoring ongoing tensions tied to the company’s international dealings.The industrial landscape of Bristol recently became the focal point of a pro-Palestinian protest. Activists from Palestine Action conducted a protest at the entrance of Elbit Systems UK’s facility in Aztec West. This demonstration involved protesters attaching themselves to a vehicle, a symbolic act aimed at halting operations temporarily. The incident has highlighted ongoing tensions…