Oxford Biomedica, a prominent gene therapy company, is undergoing significant leadership changes.Colin Bond, a seasoned pharmaceutical executive, is set to join the board in January 2025.Leone Patterson resigns from the board to focus on her role at Zymeworks.Oxford Biomedica faced substantial financial losses in the past year with a significant drop in revenue.The company’s share prices reflect these developments in the market.Oxford Biomedica, a gene therapy company listed on the London Stock Exchange, is seeing notable changes in its board composition. As of January 2025, Colin Bond, an experienced pharmaceutical executive, will join the board. Bond began his career as…
Author: Dave Antrobus
Ocean Outdoor announces leadership restructuring for growth.Stephen Joseph, the new CEO, unveils key promotions.Phil Hall is appointed Group Chief Commercial Officer.Current finance head Billy Byam-Cook steps up as CFO.The changes aim to enhance sales, marketing, and innovation.Ocean Outdoor has announced significant leadership changes as part of its strategy to drive the next phase of the company’s growth. Incoming Group CEO, Stephen Joseph, has introduced key promotions to strengthen performance across the group.Phil Hall has been appointed as the Group Chief Commercial Officer. This newly created role will be an extension of his current position as UK CEO, indicating a move…
Kondor AI’s acquisition of Ora Technology continues to face setbacks, pushing the timeline further.Initial plans to acquire Ora’s shares have been delayed multiple times since September.The latest extension moves the deadline to 13 December, with potential for further delays.Kondor AI, a recent player in AI tools, aims to enhance its capabilities through this acquisition.Ora Technology operates in the voluntary carbon credit market, offering digital trading solutions.Kondor AI’s proposed acquisition of Ora Technology has encountered more delays, adding to ongoing setbacks since September. Initially, the acquisition plan aimed to exchange new shares for Ora’s shares, based on nearly one Kondor share…
Little Moons, the renowned mochi ice cream producer, has announced significant shifts in its production strategy, just months after its expansion.Earlier this year, Little Moons opened a 50,000-square-foot facility in Kettering, which was heralded as a momentous development for the company. The new factory was intended to replace two existing plants in London, following a substantial increase in the company’s revenue. Sales for the brand saw an impressive jump from £25.5 million to £68.5 million within 18 months up to December 2022, driven by strong demand in major markets such as the UK, France, Germany, and Australia.However, in a decision…
In a strategic move to enhance convenience for shoppers, Asda and Amazon have partnered to introduce a new parcel collection and return service available at over 700 Asda stores across the UK.The collaboration between Asda and Amazon enables customers to pick up their Amazon orders at Asda stores, integrating this service into their regular shopping routines. This initiative is set to expand further, with more locations expected to join the scheme in the coming months. By facilitating parcel pickups and returns during typical shopping trips, Asda aims to provide a seamless experience for its customers.This service removes the necessity for…
Sephora is significantly increasing its presence in the UK with plans to open 20 new stores, marking a major expansion of its physical retail footprint.The expansion aims to double Sephora’s size in the UK, demonstrating confidence in the country’s retail sector.The CEO, Guillaume Motte, believes the favourable competition landscape will ensure the brand’s success.The new stores will be complemented by an expanded online channel to reach more UK customers.Sephora’s recent re-entry into the UK market reflects its commitment to growing its physical retail after initial success.Sephora is making a bold move by planning to expand with 20 additional stores in…
Sephora aims to bolster its presence in the UK by adding 20 new stores over the next two to three years.Sephora currently operates six stores in the UK, having re-entered the market last year.The company plans to open its next store in Liverpool One in spring, offering a diverse range of beauty products.CEO Guillaume Motte is optimistic about the brand’s UK success, noting improved competition conditions.Sephora’s expansion strategy includes both brick-and-mortar stores and enhanced online offerings.Sephora is set to significantly expand its footprint in the UK, aiming to open 20 new stores within the next two to three years. This…
In a recent ruling, the High Court confirmed the Legal Ombudsman’s (LeO) decision to dismiss a complaint regarding legal advice given in an estate matter, deeming it more appropriate for court deliberation.Her Honour Judge Belcher, acting as a High Court judge, determined that the attempt to challenge this decision lacked merit. The case involved Mr Adams, who raised concerns about the advice provided by barrister Liam Varnam to the executors of his father’s estate. The dispute centred on the potential breach of the self-dealing rule due to the sale of a property, a key estate asset, to one of the…
Professor Stephen Mayson has raised critical concerns about the legal profession’s current trajectory, where client interests are supplanting the public good.Professor Stephen Mayson has argued that lawyers have seemingly forgotten their duty to prioritise public interest over client demands, a shift that could tarnish the sector’s credibility. He highlights a disturbing trend where the legal profession could devolve into a ‘noxious’ market if issues like those seen in the Post Office scandal become systemic.Mayson defines a ‘public’ profession as one where obligations to the public surpass conflicting client duties, granting the profession its esteemed status. He emphasises that this understanding…
Frasers Group is poised for leadership change, bringing Sir Jon Thompson as its new chair.Sir Jon Thompson has a robust history in governance and defence, promising notable leadership.Thompson joined Frasers as a non-executive director and is set to succeed David Daly in 2025.His appointment aligns with strategic corporate manoeuvres amidst boardroom tensions with Boohoo.Thompson’s experience may steer Frasers through current governance challenges effectively.Frasers Group is on the cusp of a significant leadership transition with the anticipated appointment of Sir Jon Thompson as chairman. This development follows Thompson’s earlier involvement with the company as a non-executive director, highlighting a planned leadership…