Author: Scott Dylan

Scott Dylan is the Founder of NexaTech Ventures

The UK space industry awaits critical developments with the upcoming October budget.Challenges have been mounting due to delays in regulatory approval for space launch activities.The absence of strong governmental support raises concerns about the sector’s future.A thriving space sector is crucial for the UK’s economic success and global competitiveness.The industry anticipates strategic initiatives from the Labour administration to foster growth.The UK space industry is at a pivotal moment, with many stakeholders eagerly anticipating the impact of the upcoming October budget. Recent years have seen mounting hurdles, particularly due to delays in regulatory approvals that have prevented the UK from conducting…

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Danish fashion group Bestseller has recorded an 8% increase in profits to 5.3 billion DKK (£590 million) by the end of July 2024.Despite a 4% drop in annual revenue to 35.6 billion DKK (£3.99 billion), Bestseller achieved profit growth.This profit rise was largely facilitated by enhanced efficiency in logistics operations.Retail sales saw an upward trend with a 5% increase and the opening of over 330 new stores.Bestseller plans to expand its retail presence and focus on sustainable materials in future production.The Danish fashion group Bestseller reported a notable achievement in increasing its profits by 8% to 5.3 billion DKK (£590…

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Matalan’s latest Halloween campaign, crafted by McCann Manchester, brings excitement to the season.The campaign highlights family fun and chaos, aligning with Matalan’s brand proposition ‘We Get It, We’ve Got You’.Charlotte Dewhurst emphasises customer-centric offerings, from costumes to spooky decorations.The campaign features ten-second advertisements across social and digital platforms, supported by in-store promotions.Imogen Tazzyman notes that Matalan provides everything needed to make Halloween more treat than trick.Matalan’s new Halloween campaign, developed by McCann Manchester, aims to captivate audiences with its thrilling approach. The campaign, coined ‘Trick or Treat’, runs from now until the end of October. It revolves around the brand’s…

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In a significant move impacting the financial landscape of the UK’s retail sector, the Qatar Investment Authority (QIA) has decided to sell £305 million worth of shares in Sainsbury’s. This transaction, executed on 11th October, has notably affected the market value of the supermarket chain.The Qatar Investment Authority, a prime investor in Sainsbury’s since 2007, has opted to liquidate a third of its existing 14.2% stake in the company. This decision resulted in the sale of approximately 109 million shares at the price of £2.80 each. Post-sale, the QIA’s holding in Sainsbury’s now stands at 9.5%, marking a considerable reduction…

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StockX has announced the appointment of Nicholas Karrat as its new Chief Marketing Officer (CMO).Karrat brings experience from his previous role at Tommy John, handling marketing operations since 2019.The appointment follows Deena Bahri’s departure during a company restructuring earlier this year.StockX, renowned for its unique approach in the resale market, continues to expand under new leadership.Karrat’s passion for sneaker culture aligns closely with StockX’s vision and mission.StockX, a leading platform in footwear and streetwear resale, has appointed Nicholas Karrat as its new Chief Marketing Officer. Karrat, previously a CMO at Tommy John, brings with him substantial experience in marketing leadership.…

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The unveiling of Birmingham’s Goods Station project heralds a major urban development in the city.Cheshire-based Vita Group proposes a large-scale mixed-use scheme for a vacant site.Nearly 1,000 apartments and student accommodation are central to the plan.The development features extensive amenities and aims to enhance Birmingham’s cultural scene.Economic benefits include job creation and significant contributions to the local economy.In a bold urban vision, the Goods Station project in Birmingham city centre has been announced, promising a transformative mixed-use scheme. Led by Vita Group, the project will redevelop vacant land in Holliday Street, adjacent to the renowned Mailbox complex. This development seeks…

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Spotlight Oral Care appoints Carousel as its PR and influencer agency after a competitive pitch.Carousel’s expertise and creativity were pivotal in winning the bid amid significant competition.Spotlight aims to enhance its brand presence in the UK through this strategic collaboration.Owen Jones emphasises the transformative vision and timing of this appointment for Spotlight.Jen Higgins expresses enthusiasm for amplifying Spotlight’s innovative message in the oral care sector.Spotlight Oral Care has chosen Carousel as its retained agency for public relations and influencer activities after a rigorous competitive pitch. This appointment marks a significant strategic move aimed at enhancing Spotlight’s brand presence within the…

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Oxfam has unveiled a striking campaign film shedding light on the environmental consequences of luxury travel.Cheshire agency Eleven directed the campaign, introducing a fictional airline, Unfairways.com, targeting the super rich.The film underscores the disproportionate environmental damage wrought by luxury lifestyles, particularly affecting impoverished communities.It features calls for increased taxes on private jets and superyachts to mitigate climate change.The campaign employs satire and striking visuals to emphasise the need for urgent governmental action.Oxfam has launched a compelling campaign film intended to highlight the environmental repercussions of luxury travel. Directed by the Cheshire-based agency Eleven, the film introduces a fictional airline named…

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The BBC has initiated an independent review into its workplace culture, setting the stage for significant cultural assessments.This investigation is entrusted to Change Associates, with a focus on preventing abuse of power and aligning employee conduct with corporate values.Led by Grahame Russell, the review will evaluate past recommendations and explore new areas for improvement.BBC Chair Samir Shah expressed firm commitment to ensuring a safe and enjoyable work environment for all employees.The final report, expected in spring next year, will outline practical steps for enhancing workplace culture.The BBC has embarked on a comprehensive review of its workplace culture, underscoring its commitment…

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In a significant move within the food industry, PepsiCo has reformulated three popular Doritos flavours to conform to non-high in fat, salt, or sugar (non-HFSS) standards.The classic Doritos flavours—Cool Original, Tangy Cheese, and Chilli Heatwave—are transitioning to a new recipe. This enhanced approach prioritises a reduction in salt and fat, decreasing these components by 24% and 15% respectively. This adjustment aligns with health-conscious consumer trends, providing an option that meets non-HFSS criteria.PepsiCo has incorporated more corn, refined the seasoning, and improved the cooking methodology to deliver what they describe as ‘the crunchiest Doritos yet’. This change signifies a broader strategic…

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