Author: Scott Dylan

Scott Dylan is the Founder of NexaTech Ventures

Vinted faced backlash due to changes in its delivery options, but quickly addressed the concerns.Users reported limited access to courier options like Evri, Yodel, InPost, DPD, and Royal Mail.The changes coincided with Vinted’s ten-year anniversary in the UK.Vinted reverted its app to previous settings to allow greater flexibility in courier selection.The swift response highlights Vinted’s commitment to user satisfaction.Vinted, a noteworthy entity in the second-hand marketplace, confronted significant user dissatisfaction this week regarding alterations to its delivery options. The changes seemingly obscured the list of couriers such as Evri, Yodel, InPost, DPD, and Royal Mail, prompting numerous users to voice…

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M&S is set to launch a pioneering range of stoma knickers, marking a UK high street first.The innovative product was developed in collaboration with individuals living with stomas and the charity Colostomy UK.Inspired by personal experiences within the team, M&S aims to enhance comfort and confidence for women.The knickers are VAT exempt, aligning with similar products such as period underwear.Available from £18, the range will be sold online and in select stores across the UK.M&S is set to transform its lingerie collection with the introduction of a revolutionary range of stoma knickers, becoming the first major UK high street retailer…

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Lupton Fawcett has promoted Charlene Vilia from senior associate to partner, acknowledging her significant contributions and expertise.Charlene Vilia, who joined the firm in 2021, brings vast experience in private client work, excelling in wills and estate management.In her new role, Charlene looks forward to enhancing client service and expanding the firm’s private client team in Sheffield.Managing Partner James Richardson praised her dedication and client-focused approach, highlighting the firm’s commitment to nurturing talent.Her elevation underscores a strategic move to enhance Lupton Fawcett’s private client services across the region.Charlene Vilia’s promotion to partner at Lupton Fawcett marks a milestone in recognising her…

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The demand for flexible office space in the UK has seen a significant increase post-Covid, as businesses adapt to new working norms.There has been a 206% increase in enquiries for flexible office space compared to pre-Covid levels, marking a remarkable rise.In the first half of 2024, there was a 14% year-on-year increase in demand, driven by the need for larger workspace setups.The cost of a private desk in London has increased by 12% year-on-year, reflecting a “flight to quality”.New market entrants and expansion of existing operators are boosting the flexible office supply across the UK.Flexible office specialist Workthere reports a…

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The recent surge in riots has significantly impacted footfall on the UK high streets, causing a notable decline.High street footfall dropped by an average of 4.8% from 4 to 7 August, attributed mainly to ongoing riots.Regional cities like North & Yorkshire and the West Midlands experienced sharper declines in footfall compared to London.Violence erupted following misinformation regarding a triple homicide linked to a Taylor Swift-themed dance workshop.Retailers are proactively safeguarding staff by closing stores early amidst the unrest.The UK high street has experienced a notable decline in footfall, dropping by an average of 4.8% from 4 to 7 August. This…

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Poundland, owned by Pepco Group, is restructuring its head office in Walsall amidst cost-cutting measures.Approximately 60 roles are under consultation, affecting departments like finance, supply chain, and IT.The move aims to streamline operations and retain the brand’s promise of value to customers.Despite the restructuring, Pepco Group reported a 13.8% increase in revenue for the six months ending March 2024.The company is focused on supporting affected employees during this transition.Poundland, part of the Pepco Group, is actively restructuring its head office located in Walsall, as part of efforts to optimise operational costs. This strategic decision comes as the company continues its…

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Customer returns are a critical aspect of fashion retail, affecting both shoppers and businesses.The rise of paid returns is challenging retailers to meet consumer expectations for free, quick, and flexible return processes.Retailers are focused on addressing the cost implications, reducing the impact of serial returners, and enhancing stock availability through optimised strategies.Sustainability in returns, including paperless methods and recommerce options, is becoming increasingly important.The webinar, featuring experts from New Look and ZigZag, will delve into these topics and provide valuable insights.In the evolving landscape of fashion retail, customer returns have emerged as a significant concern. As consumer demands grow, shoppers…

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The latest NHS England data reveals an increase in waiting lists, marking a significant milestone.In June 2024, the list grew to 7.62 million, up from the previous month.This figure represents a yearly increase of 48,300, highlighting a persistent trend.A median wait time of 14.3 weeks is reported, stressing patient concerns.Industrial actions by GPs further complicate access to NHS services.The NHS waiting list in England saw a notable rise in June 2024, reaching 7.62 million cases. This increase represents the highest recorded number since October 2023, according to NHS England data. In comparison to May 2024, the list saw a marginal…

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A recent study reveals significant financial strain on working parents due to unexpected childcare requirements.One in four parents are concerned about the financial impact of taking unpaid leave to care for their sick or injured children.Nearly four in five parents experience or anticipate financial difficulties due to childcare responsibilities.A significant portion of parents must rely on savings, borrow money, or cut back on essentials to cope with these demands.The report highlights the absence of adequate financial preparation and protection among many parents.Working parents face substantial financial challenges when their children fall sick or injured and require unexpected care. A recent…

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VF Corporation, recognised for brands like Vans, The North Face, and Timberland, reported significant financial setbacks for the recent quarter.Operating losses for the company escalated to $239.9 million, a significant increase from the previous year’s $8.9 million.Revenues dropped by 9% year-on-year with Vans experiencing a substantial 21% decline.A strategic move was announced with the sale of Supreme to EssilorLuxottica for $1.5 billion, aiming to strengthen the balance sheet.VF Corp is optimistic about achieving cost savings and returning to growth despite the current downturn.VF Corporation, a major name in the apparel and footwear industry, recently disclosed notable financial difficulties in its…

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