Author: Scott Dylan

Scott Dylan is the Founder of NexaTech Ventures

Amazon is set to recruit over 15,000 workers across its UK network for the festive season.The jobs span various roles in fulfilment centres and delivery stations nationwide.Amazon offers competitive starting pay rates of £13.50 to £14.50 per hour, depending on location.A new fulfilment centre in Eastwood, Nottingham, opens numerous career opportunities.These roles are crucial to enhancing Amazon’s customer service during peak periods.Online retail giant Amazon has announced plans to bolster its UK workforce by hiring more than 15,000 seasonal employees for the bustling Christmas period. These roles will support operations across the company’s extensive network of fulfilment centres and delivery…

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Mulberry has turned down a significant takeover bid from Frasers Group, maintaining its current strategy.The proposed £83m offer by Frasers was considered not reflective of Mulberry’s true potential.Mulberry’s major shareholder, Chalice, supports the current direction with a new CEO at the helm.The company is committed to its capital raising plans to stabilise its financial future.Frasers Group already holds a 37% stake in Mulberry and was open to underwriting the proposed subscription.The luxury handbag manufacturer Mulberry has decided to reject an £83 million takeover bid from Frasers Group, led by Mike Ashley. The Somerset-based brand believes the offer undervalues its potential…

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The Body Shop is undergoing a strategic revival, rebuilding its presence across Europe.After significant closures in the US, Canada, and Europe, the brand is targeting growth in Spain and Portugal.CEO Charles Denton emphasises a ‘market by market’ recovery strategy, focusing on ethical beauty partnerships.Under new leadership, 72 stores across the Iberian Peninsula are spearheading this resurgence.Recent corporate transitions have set the stage for this renewed focus on sustainable growth.The Body Shop, having navigated a challenging period marked by widespread store closures, is now strategically refocusing its efforts on the European market. In particular, the brand is concentrating on reviving its…

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Mulberry has turned down an £83m takeover offer from Frasers Group, demonstrating its commitment to a standalone future.The luxury retailer received a cash proposal of 130p per share, offering a 30% premium on its share price.Mulberry’s board, supported by majority shareholder Challice, believes in the company’s future value and current turnaround strategy.Frasers Group controls 37% of Mulberry’s shares and raises concerns over its ongoing viability.Mulberry plans to raise over £10m in cash, inviting all shareholders to partake in its recovery.Mulberry has firmly rejected an £83m acquisition proposal from the Frasers Group, a decision signalling confidence in its independent path forward.…

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Disgraced human rights lawyer Phil Shiner has admitted to fraudulent activities involving legal aid applications concerning allegations against British soldiers.Phil Shiner, a former human rights lawyer, has pleaded guilty to committing fraud in three instances related to legal aid applications. These applications pertained to cases where British soldiers were accused of mistreating Iraqi detainees. The sentencing is scheduled for December at Southwark Crown Court.The fraudulent activities revolved around legal aid applications that failed to disclose crucial information to the Legal Services Commission, now the Legal Aid Agency. In 2007, applications amounting to a potential £200,000 were submitted without revealing that…

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Pretty Little Thing founder Umar Kamani announces significant updates after returning to the brand, signalling a fresh start for the fashion giant.Kamani plans to reinstate ‘model size height’ on product pages, addressing previous customer concerns.The brand intends to review and potentially unblock accounts affected by ‘unusual high returns activity’.Upcoming improvements include better product filters and enhanced navigation for a user-friendly experience.Kamani commits to ongoing consultations with customers, aiming to refine products and customer experience.Umar Kamani, the founder of Pretty Little Thing, has returned to the brand to introduce a series of updates, marking a ‘new chapter’ for the company. Recently…

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A restructuring initiative by Dobbies aims to tackle uneconomic rent issues and restore profitability.17 unprofitable stores, including 11 mainline sites and 6 smaller outlets, are set to close.The restructuring will affect 465 employees but leaves 60 garden centres operational.Dobbies seeks temporary rent reductions at nine additional sites while normal operations continue.The plan, in motion since August, predicts closures by year-end, subject to approvals.In a bid to combat persistent rent inefficiencies, Dobbies has announced a comprehensive restructuring plan. The strategic move is poised to address economic challenges by closing down 17 unprofitable stores, aiming to steer the company back towards sustainable…

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Aston Martin’s share value has dropped significantly due to a profit warning.The carmaker’s stock fell by 20%, hitting a two-year low after production issues.Supply chain disruptions have adversely affected Aston Martin’s 2024 production goals.Challenges in China and supplier insolvencies are cited as major concerns by the company.Despite current setbacks, Aston Martin aims to achieve its future financial targets.Aston Martin has faced a substantial decrease in share value, with a 20% drop marking a two-year low of 127½p. This decline follows a profit warning, largely attributed to supply chain disturbances affecting the production of four re-engineered models. Consequently, the car manufacturer…

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Renowned denim brand Levi’s collaborates with Beyoncé for an innovative campaign.The campaign, titled ‘re-imagine,’ is directed by filmmaker Melina Matsoukas.Beyoncé recreates Levi’s iconic 1985 ad ‘Launderette’ with a modern twist.Digital projections launched the campaign in major cities worldwide.The collaboration aims to celebrate women’s empowerment and iconic perspectives.Levi’s, a leading name in the denim industry, has teamed up with global superstar Beyoncé to launch an exciting new campaign called ‘re-imagine,’ overseen by the visionary filmmaker Melina Matsoukas. This collaboration aims to breathe new life into some of Levi’s most memorable advertisements by infusing them with contemporary perspectives and artistic flair.A highlight…

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UK independent retailers are navigating the challenges of a mixed summer.Despite varied weather, optimism for autumn/winter 2024 remains high.Retailers reflect on summer trade and prepare for upcoming seasons.Expectations for the colder months are influenced by recent experiences.Insights reveal strategies and attitudes towards future opportunities.The past summer, marked by unpredictable weather patterns, posed both challenges and opportunities for independent retailers across the UK. Many retailers observed a fluctuating demand for seasonal items, impacting overall summer trade outcomes. However, the resilience displayed has fostered optimism as they shift focus to the autumn/winter season.As the summer weather oscillated between extremes, this unpredictability translated…

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