Author: Scott Dylan

Scott Dylan is the Founder of NexaTech Ventures

Coffee prices in global markets have soared to record levels, with consumers likely to face further hikes next year.The price of Arabica beans has surged by over 80% this year, recently hitting $3.44 (£2.70) per 0.45kg. Similarly, Robusta beans reached new highs in September, according to reports from the BBC.These rising prices are attributed to smaller-than-expected crops following adverse weather conditions in Brazil and Vietnam, the world’s largest coffee producers. Italian coffee company Lavazza’s vice chairman, Guiseppe Lavazza, had previously predicted a drop in prices this year. However, he acknowledged being mistaken, citing ongoing supply chain challenges, geopolitical disruptions, and…

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Coffee prices on international commodity markets have reached unprecedented levels, prompting concerns about further increases in consumer costs.The price surge for Arabica coffee beans, climbing over 80% this year, has seen prices reach $3.44 (£2.70) per 0.45kg. Meanwhile, Robusta beans also hit a new peak in September. An expert suggests coffee brands are contemplating price hikes in 2025 due to these costs.Adverse weather conditions have significantly impacted coffee crops in Brazil and Vietnam, the world’s largest producers, leading to diminished harvests. As crop yields shrink, the pressure on coffee prices is expected to persist.Italian coffee company executive, Guiseppe Lavazza, acknowledged…

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In 2024, John Lewis shoppers were influenced by weather patterns and nostalgia. This year’s shopping data reveals several key trends.John Lewis’ Oura ring dominated tech sales, marking it as the year’s prime status gadget.Demand for dehumidifiers increased 22% due to persistent wet weather.There was a significant change in ice mould preferences, with decorative types rising 88%.Fashion trends shifted towards cut-out swimsuits and barrel leg jeans, while small bags lost popularity.The shopping behaviour of John Lewis customers in 2024 was greatly influenced by the UK’s weather and retro trends. As shoppers navigated soggy conditions, dehumidifiers became essential, driving a 22% increase…

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Chapel Down has announced a significant change in its leadership with the appointment of James Pennefather as the new chief executive officer starting February 2025. This appointment comes in the wake of Andrew Carter’s resignation in September, who is transitioning to the CEO role at Timothy Taylor.James Pennefather brings with him 25 years of experience in the premium drinks industry, having most recently served as CEO of Lakes Distillery. During his time there, he successfully led its acquisition by The Nyetimber Group. His impressive career also includes key leadership positions at William Grant & Sons and Diageo, spanning across regions…

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The UK is embarking on a mission to cultivate semiconductor research partnerships with South Korea.The initiative aims to establish a robust collaborative research and development network.A three-day programme in February 2025 will involve UK and Korean businesses.The mission follows the UK’s collaboration under Horizon Europe with South Korea.The initiative marks another step in the UK-South Korea semiconductor partnership.The British government has announced a strategic mission aimed at enhancing semiconductor ties with South Korea, an influential player in the global semiconductor market. This collaboration is intended to foster innovation and commercialisation of semiconductor technology between the two nations. UK-registered entities in…

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Fortnum & Mason now greets Heathrow Terminal 4 travellers with a new pop-up, reflecting its Piccadilly heritage.The pop-up mimics open travel trunks, showcasing Fortnum & Mason’s luxury goods beneath a hot air balloon centrepiece.Travellers can sample a dynamic range of products, including Royal Blend tea and Sparkling Tea, with daily product tastings.Exclusive personalisation on Champagne and Sparkling Tea, along with digital gift message options, enhance the shopping experience.This marks a decade since Fortnum & Mason’s Heathrow debut, with the pop-up set to remain until September 2025.Fortnum & Mason has introduced an inviting pop-up at Heathrow Terminal 4. This installation is…

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Richard Jones, Director of Journalism at the University of Salford, emphasises the pressing need for reforms in court reporting.Jones advocates for enhanced protections and freedoms for journalists within court environments to sustain open justice.He highlights the necessity for reforms that permit photography and audio recordings to maintain comprehensive court coverage.Jones stresses the financial challenges faced by local news providers impacting their ability to report court cases effectively.He proposes the establishment of press rooms and better access to remote hearings for journalists for improved reporting conditions.Richard Jones, the Director of Journalism at the University of Salford, has proposed necessary reforms to…

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2024 saw significant shifts in retail leadership with notable hires and unexpected exits influencing the industry.Allan Leighton returned to Asda as executive chair, focusing on reviving the retailer’s core values over the next few years.Jason Tarry’s move to John Lewis marks a strategic effort to modernise the brand after pandemic-induced losses.Peter Ruis and Paula Nickolds are leading transformative changes at John Lewis and The White Company, respectively.High-profile departures, including Jo Whitfield from Matalan, signalled turning points in company strategies.As the year winds down, the retail sector has witnessed considerable leadership movements. Allan Leighton, formerly with Asda, made a comeback as…

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Han Law strengthens its team with seasoned advocate Samantha Quinn.Quinn brings 14 years of expertise in employment and discrimination law.Han Law specialises in employment tribunal claims and legal contracts.CEO praises Quinn as a versatile and determined litigator.Quinn eager to apply her experience at Han Law.Employment law consultancy Han Law has enhanced its team by appointing Samantha Quinn as a new advocate. Quinn is a dual-qualified solicitor advocate known for her extensive expertise in employment and discrimination cases.Bringing over 14 years of experience, Quinn’s career is marked by significant achievements, including the founding of her own employment law firm and a…

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DP World is pioneering a carbon reduction scheme at its London Gateway and Southampton hubs.From January 2025, the trial aims to provide carbon credits to cargo importers.Importers will receive 50kg CO₂e credits for each loaded container moved.The credits aim to cut indirect supply chain emissions effectively.The programme reflects a proactive approach to global decarbonisation.DP World is at the forefront of environmental initiatives with its pilot carbon reduction programme, set to commence at its logistical hubs in London Gateway and Southampton. This initiative is devised to aid cargo importers in lowering their carbon emissions.Initiating in January 2025, the trial will last…

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