Author: Scott Dylan

Filippo Grazioli is stepping down as Missoni’s creative director after two years, seeking new creative challenges.Grazioli joined Missoni in 2022, having previously worked at Burberry and Hermès, focusing on women’s and men’s wear collections.He will be succeeded by Alberto Caliri, a veteran of the fashion house since 1998.Caliri previously held the creative director role on an interim basis, bringing significant expertise to the position.This shift reflects a broader trend in fashion leadership changes, highlighted by recent movements at other major brands.Italian luxury fashion house Missoni has announced that its creative director, Filippo Grazioli, will resign after a tenure of two…

Frasers Group’s recent activity has increased its stake in Mulberry amidst complex negotiations.After a rejected takeover bid, Frasers Group acquired 4 million more shares in Mulberry.The initial bid by Frasers was a £83 million offer, valuing shares at a notable 30% premium.Mulberry’s board decision to reject highlights their focus on future potential rather than immediate gain.Despite tensions, Mulberry and Frasers may collaborate on forthcoming financial movements.In a significant financial manoeuvre, Frasers Group has boosted its investment in the luxury fashion brand, Mulberry, by purchasing an additional 4 million shares. This acquisition comes shortly after Mulberry rebuffed Frasers’ takeover attempt, asserting…

In a significant ruling, the Court of Appeal has dismissed the claims of two public access barristers seeking nearly £125,000 in fees, deeming the retainer terms unfair.The legal proceedings involved Katharine Atay, who had engaged barristers Michael Glaser KC and Victoria Miller in financial remedy actions against her affluent former spouse. The fees agreed upon were £108,000, payable in instalments, which covered the pre-trial review and a subsequent 10-day final hearing scheduled for 2020. However, the arrangement stipulated full payment even if the hearing was postponed, a condition that has now come under scrutiny.Lord Justice Nugee, delivering the unanimous judgment…

Retail footfall in the UK has finally risen after a year of decline, signalling a potential recovery in the sector.In September, UK shopper visits saw a 3.3% increase, a sign of growing consumer confidence.Retail parks experienced the most significant visitor boost, with a 7.3% rise in footfall last month.Shopping centres and high streets also saw improvements in visitor numbers, albeit more modestly.All UK nations reported year-on-year increases in footfall, with Wales leading with a 5.4% rise.Retail footfall in the United Kingdom saw a notable rise for the first time in over a year. This development comes as a welcome change…

Retail footfall in the UK has increased for the first time in over a year.In September, UK shopper visits rose by 3.3% following a decline in August.Retail parks experienced a notable 7.3% increase in visitor numbers.All four UK nations saw year-on-year growth in footfall.Mild weather has been a contributing factor to this increase.Retail footfall in the UK experienced an upward trend for the first time in over a year, as reported last month, coinciding with the back-to-school period. Visitor numbers to UK retail establishments increased by 3.3% after a 0.4% decline witnessed in August, according to data from the British…

Tesco is projecting a strong Christmas season as consumer spending habits evolve.Ken Murphy, Tesco CEO, notes increased consumer interest in premium products.Tesco reports a notable growth in their premium range, Finest, by nearly 15%.The company’s half-year profits rose by 10%, with sales reaching £31.5bn.A new Christmas 2024 product line with over 250 items has been launched.Tesco is gearing up for what it predicts to be a robust Christmas season, with indications that customers are starting to ‘trade up’ in their purchasing choices. Tesco’s CEO Ken Murphy has highlighted that despite customers not expressing overwhelming enthusiasm, there is a noticeable stability…

LCF Law has expanded its legal team with the addition of three newly qualified solicitors.The new solicitors completed their training ahead of schedule, showcasing their determination and skill.Each solicitor will join different departments, bringing their expertise to various areas within the firm.The qualifications of the solicitors come from esteemed institutions, enhancing the firm’s credentials.LCF Law’s leadership expresses pride in nurturing these professionals to become integral team members.LCF Law, a well-established firm, proudly announced the addition of three newly qualified solicitors to its team. These solicitors, Holly Jordan, Jonathan Gardner, and Melanie Parsons, have successfully completed their training ahead of schedule,…

HCC Solicitors, a personal injury law firm, has reported a significant turnaround in its financial performance, supporting its national expansion strategy.After two years of financial losses, HCC Solicitors has returned to profit, achieving a pre-tax profit of £1.2 million by April 2023.The firm’s turnover increased significantly by almost 30%, reaching a total of £10.5 million, indicating robust growth.Strategic expansion efforts include opening a new office in Plymouth, alongside bolstering their London team with key hires.The firm has adjusted its business model in response to industry changes, which has been integral to its recent success.HCC Solicitors has reported a successful turnaround…

HSBC Innovation Banking names Simon Bumfrey as interim CEO amidst search for a permanent successor.Simon Bumfrey replaces Erin Platts, who transitions to an advisory role and is set to join Octopus Ventures as CEO in January 2025.With over 25 years of industry experience, Bumfrey aims to continue HSBC’s mission and enhance its strategy.Bumfrey steps into this role with a robust background, including positions at Silicon Valley Bank, Lloyds, and Barclays.HSBC pledges unwavering support to its clients as it navigates this leadership transition.Simon Bumfrey has been appointed as the interim Chief Executive Officer of HSBC Innovation Banking, following the announcement of…

Canon’s UK division noted a substantial sales increase despite enduring financial losses.Sales in the UK rose significantly, jumping from £282.3m to £376.5m in 2023.Pre-tax losses were curbed from £7.3m to £5.1m this financial year.Alterations in business models contributed to a rise in imaging and communications sales.Although the print division faced challenges, Canon maintained its leading market position.Canon’s UK division experienced a notable increase in sales, yet continued to face financial losses over the last year. The company’s turnover surged from £282.3 million to £376.5 million in 2023, reflecting a changing business landscape in imaging technologies and communication channels.Despite the significant…