Author: Scott Dylan

Scott Dylan is the Founder of NexaTech Ventures

Blacks Solicitors has announced a significant expansion of its holiday and home parks team.The team has welcomed four new specialists, enhancing its expertise in this growing sector.With over £50 million in transactional work secured, the team has advised more than 40 new clients.The expansion addresses a rising demand for succession planning and estate management services.The firm is committed to providing expert services across the sector, with a focus on succession and tax efficiency.Blacks Solicitors is making headlines with the strategic expansion of its holiday and home parks team, which now includes four new specialist solicitors. This development underscores the firm’s…

Read More

The British Independent Retailers Association (BIRA) has initiated a major legal action against Amazon, filing for £1bn in damages.The lawsuit claims that Amazon misused data from independent UK retailers to support its own retail ventures, diverting profits away.This lawsuit is said to be the largest collective action of its kind under the Competition Act 1998, representing 35,000 UK businesses.BIRA asserts that Amazon’s actions have caused significant financial harm to these independent retailers since 2015.BIRA’s legal team is confident in presenting this case to the Competition Appeal Tribunal, seeking justice for affected businesses.The British Independent Retailers Association (BIRA) has taken a…

Read More

As the British Fashion Council celebrates its 40th anniversary, it’s looking to the upcoming general election for crucial support. Here are the five priorities they hope the new government will address.The restoration of the VAT Retail Export Scheme and the reformation of business rates is crucial for competitive growth within the sector.Greater investment in trade and export, particularly for UK designers, is essential for international success.Supporting the UK’s leading fashion education sector with a commitment to STEAM is necessary for future industry growth.A new generation of businesses and skilled workers needs nurturing to maintain the UK’s leading global position in…

Read More

Superdry’s chief commercial officer, Craig McGregor, is set to depart amidst crucial restructuring efforts.McGregor joined Superdry in March 2020, ascending to his current role in January 2024.Superdry is implementing a restructuring plan to reduce its store presence to avoid administration.The retailer recently saw the departure of its chief financial officer, replaced on an interim basis by Giles David.Dafydd Moore joins as the new technology director as Superdry fortifies its leadership team.Superdry’s chief commercial officer, Craig McGregor, is preparing to exit his position, coinciding with the implementation of a significant restructuring plan by the company. His departure comes at a critical…

Read More

Chanel announces the departure of its creative director, Virginie Viard, marking the end of an era for the luxury fashion house.Viard has been a pivotal figure at Chanel, contributing for nearly 30 years, including five years as the creative director.Her collaboration with Karl Lagerfeld, Chanel’s long-time creative leader, was instrumental in her role at the company.Chanel commits to revealing a new creative structure following Viard’s resignation.The brand expresses profound gratitude for Viard’s impact on its fashion vision and enduring creativity.Chanel’s creative director, Virginie Viard, is stepping down, bringing an end to her notable journey with the fashion icon after almost…

Read More

Authentic Brands Group has announced the acquisition of Champion, valuing the deal at $1.2bn.Including contingent considerations, the deal could rise to $1.5bn.Authentic Brands plans to transform Champion into a licensed model.They are in talks to manage manufacturing, retail, and wholesale operations.The acquisition is set to complete in the second half of 2024, pending approval.Authentic Brands Group, a prominent company with an extensive portfolio of over 50 global brands, has agreed to acquire the intellectual property and operating assets of the iconic sportswear brand Champion. This acquisition from HanesBrands is valued at $1.2bn (£940m), and contingent cash considerations could potentially increase…

Read More

AWB Charlesworth Solicitors is enhancing its capabilities in the private client sector.The firm has appointed Melissa Butler as a paralegal in the wills, trusts, and probate department.With Butler’s appointment, the team includes eleven members, featuring five solicitors and a specialist accountant.The department’s outreach extends across three offices in Skipton, Keighley, and Bradford, serving the broader Aire Valley and Yorkshire Dales.Butler brings nearly a decade of experience in estate administration to support the growing demands of the firm.AWB Charlesworth Solicitors, renowned for its strong standing and forward-thinking approach, has bolstered its private client department by appointing Melissa Butler as a new…

Read More

As exam season approaches, managing stress becomes crucial for students.Exam stress is a prevalent issue among children, teenagers, and university students.Charities report a rise in counselling sessions related to exam-related anxiety.Pressure from peers, parents, and self-expectations exacerbate stress levels.Expert Lynn Crilly offers practical tips to help students cope effectively.Exam stress is increasingly affecting children, teenagers, and university students, with significant pressure arising from comparisons with peers and expectations from parents and teachers. Charities have noted a surge in counselling sessions to deal with these issues, highlighting the widespread nature of the problem. According to reports, the majority of contacts on…

Read More

Inditex, the parent company of brands like Zara and Pull & Bear, has reported notable financial growth this year.Revenue for the period from 1 February to 30 April 2024 increased by 7.1% to €8.2bn (£7bn) year-on-year.Gross profit for the quarter surged by 7.3% to €4.9bn (£4.2bn), while EBITDA saw an 8% rise, reaching €2.4bn (£2bn).The company experienced a robust 12% increase in store and online sales between 1 May and 3 June 2024.Inditex is planning a €1.8bn (£1.5bn) investment in new distribution centres over the next two years.Inditex, the owner of popular brands such as Zara, Pull & Bear, and…

Read More

Fashion retailer Monsoon has introduced a new rental collection in collaboration with My Wardrobe HQ, aimed at offering diverse and affordable bridal and occasionwear options.The exclusive collection features 30 rental outfits, including nine bridal pieces, 11 bridesmaid dresses, and 10 other occasion dresses.Prices are set to accommodate various budgets, with formalwear rentals starting at £5-6 per day and bridalwear at £8-14 per day, requiring a minimum hire period of four days.Monsoon’s latest move aligns with the brand’s sustainable fashion goals and aims to expand accessibility to luxury items.The collaboration follows a challenging period for Monsoon, with a reported 4% drop…

Read More