Despite robust trading, Marks Electrical’s profits have halved in six months.The company reported a drop in pre-tax profit from £1.6m to £820,000.Sales rose by 9.3% to £58.8m, driven by domestic appliances and electronics.Average order value fell by 9% as consumers opted for cheaper products.Future sales are expected to reach £120m, but cost challenges loom.Marks Electrical has experienced a significant reduction in profits over the six-month period ending 30 September. Although the business executed strong trading activities, its underlying pre-tax profit declined to £820,000 from £1.6 million reported in the previous year.The retailer’s sales increased by 9.3%, reaching a total of…
Author: Dave Antrobus
Claire House Children’s Hospice launches a multi-platform Christmas appeal voiced by actress Sue Johnston, highlighting her renowned warmth.The 2024 campaign, crafted by Liverpool-based Zut, showcases the hospice’s vital support for families in Merseyside, Cheshire, and North Wales.Viewers are taken on a virtual journey through Liverpool’s landmarks, meeting families benefiting from the hospice’s services, adding a deeply personal touch.Quotes from families, like Francesca Alfonso’s heartfelt sentiments about her daughter, underscore the campaign’s emotional depth.Zut’s impactful storytelling aims to inspire public support, with campaign ads rolling out across various media platforms.The 2024 Christmas appeal by Claire House Children’s Hospice, featuring Sue Johnston’s…
A new collaboration has emerged between England’s football sensation Harry Kane and global brand, Skechers. This alliance brings forth a second apparel collection, furthering the brand’s reach in performance wear.The collection features innovative designs like a lightweight quarter zip top and athletic training pants, blending comfort with cutting-edge technology.Notable fabrics like Go Dri Charge and Go Shield are utilised to maintain dryness and warmth in varied weather conditions.Retail prices of the collection start at a competitive £50, expanding accessibility to high-performance sportswear.This release builds on a successful previous collection introduced earlier this year, affirming the duo’s ongoing partnership.In an exciting…
Asda has appointed Barney Burgess, a former Tesco director, as interim vice president of online.Burgess brings over 25 years of experience in retail and financial services.He will lead Asda’s online platforms and report to Chief Digital Officer Matt Kelleher.Burgess’s interim role will continue until David Devany joins as a permanent replacement in 2025.This move follows Andrew Staniland’s decision to join Morrisons instead of Asda.Asda has taken a significant step in its online operations by appointing Barney Burgess as the interim vice president of online. Bringing extensive expertise from his years at Tesco and McKinsey, Burgess is expected to drive growth…
Frasers Group’s strategic moves are reshaping the luxury fashion landscape, raising curiosity about the future of Flannels.Flannels has grown into the largest multi-brand premium fashion retailer in the UK.Targeting regional consumers, Flannels is transforming the luxury retail space beyond big cities.Flannels is investing significantly in expanding its store network and forging exclusive brand partnerships.Despite market challenges, Frasers Group remains committed to long-term growth and innovation.Frasers Group has strategically positioned Flannels as a dominant force in the luxury fashion sector. Since its acquisition in 2012, Flannels has expanded from a six-store retailer to the UK’s largest multi-brand premium fashion retailer. This…
Frasers Group is redefining luxury retail with ambitious plans for Flannels.The acquisition of Matches, Coggles, and a Mulberry takeover attempt highlights their strategy.Expansion into regional markets, focusing on the local consumer, is key.New flagship stores and innovative partnerships keep Flannels at the forefront.The company remains confident in a recovering market despite current challenges.Frasers Group has been actively reshaping the retail landscape, particularly through its strategic moves in the luxury fashion sector. By acquiring companies like Matches and Coggles and attempting a takeover of Mulberry, Frasers highlights its commitment to positioning Flannels as a market leader. The initial acquisition of Flannels…
Gary Lineker, a staple on Saturday night television, is set to step down from the BBC’s Match of the Day.Lineker announced his departure amid speculation about his future with the football highlights show.His 18-month contract with the BBC will cover the upcoming FIFA World Cup, after which he will leave.Lineker’s departure follows a period of strained relations with the BBC over his social media activity.Despite leaving the programme, Lineker remains a prominent figure with ongoing podcast projects.Gary Lineker, a familiar face on British television, will end his tenure as the presenter of the football highlights show Match of the Day…
In a significant decision by the Solicitors Disciplinary Tribunal (SDT), allegations of misconduct against two prominent solicitors over the handling of volume financial mis-selling claims have been dismissed.The Solicitors Regulation Authority (SRA) faced a judicial setback as the SDT ruled against accusations levelled at Craig Cooper, managing director at Barings Law, and Erich Kurtz, a former director at the same firm. The tribunal, after an extensive four-day hearing, concluded that the allegations did not hold merit. These allegations involved claims of misleading statements to clients and potential clients regarding claims against payday lenders in 2018. Additionally, accusations were made about…
Tesco’s latest Christmas advert aims to uplift spirits through a whimsical gingerbread-themed narrative.The three-minute film explores the joy and challenges of keeping the Christmas spirit alive.Gary, the central character, finds his world transformed by the magic of gingerbread.A heartfelt family tradition helps restore joy in the face of holiday melancholy.Tesco pledges to donate proceeds from gingerbread sales to charity, embracing a spirit of giving.Tesco has released its latest Christmas advert, a festive film designed to capture and feed the spirit of the holiday season. The engaging storyline follows a character named Gary, whose Christmas spirit is reignited when his grandfather…
A significant tribunal ruling has confirmed the cancellation of a registration for an immigration adviser and firm, following serious breaches of the Office of the Immigration Services Commissioner (OISC) code.The case involves Mr Ali Rahmanyfar, the sole adviser at Anzan Immigration Lawyers, whose registration was annulled after a tribunal found his actions concerning asylum applications exceeded his professional competence. Mr Rahmanyfar’s registration cancellation by the OISC was upheld after a tribunal assessed that his work breached regulatory codes in a manner described as both extensive and severe.District Judge Moan emphasised the persistent failure of Mr Rahmanyfar to recognise the limits…