Author: Scott Dylan

John Lewis has released the second advert in its seasonal series, focusing on the ‘Give Knowingly’ theme.The campaign highlights the wisdom and thoughtful choices of its customers as they seek perfect Christmas gifts.It integrates eight films and highlights the top 100 gifts of the season, featured on TV and social media.This campaign arrives ahead of Black Friday, emphasising John Lewis’s price promise and competition matching.Samantha Morton and Brad Kella contribute to the advert, adding depth with a poignant combination of voice and music.John Lewis has unveiled the second instalment in its ‘golden quarter’ trilogy, revealing an advert centred around the…

Boohoo has appointed Dan Finley as its new CEO, dismissing the demands of shareholder Mike Ashley for the position.Finley, formerly CEO of Debenhams, is recognized for his expertise in driving online business growth.He brings a wealth of experience from his decade at JD Sports, a leader in digital retail,” Boohoo stated.Alistair McGeorge, Boohoo’s deputy chairman, supports Finley’s appointment, praising his transformative work at Debenhams.Finley is eager to maximize shareholder value across Boohoo’s brand portfolio.Boohoo has appointed Dan Finley as the new chief executive officer, overlooking the aspirations of shareholder Mike Ashley for the role. Finley’s appointment comes as the company…

BFB Labs, led by co-founder Manjul Rathee, is making strides in developing digital solutions for youth mental health.Manjul Rathee highlights the significance of diversity in forming effective teams for tech innovations.The value of having trusted confidants is underscored as a support mechanism for startup founders.Recognising personal weaknesses and complementing them with team strengths can fortify a startup.Rathee shares key advice for emerging founders on maintaining focus and appreciating small victories.BFB Labs, co-founded by Manjul Rathee, is at the forefront of creating digital platforms aimed at supporting the mental well-being of young people. This London-based startup leverages technology to offer meaningful…

The Civil Justice Council (CJC) has released its interim report on litigation funding, addressing key issues like third-party funder regulation and the collapse of SSB Law.The working group, co-chaired by Dr John Sorabji and Mr Justice Simon Picken, was tasked by Conservative Lord Chancellor Alex Chalk to explore diverse topics ranging from third-party funding regulation to the potential of before-the-event (BTE) legal expenses insurance in litigation funding.Currently, the report does not offer concrete conclusions or express the group’s definitive stance. However, it reveals apprehensions regarding the sufficiency of the Association of Litigation Funders’ (ALF) code of conduct, funders’ claims on…

Recent research highlights the ongoing difficulties faced by law firms and in-house legal teams in recruitment efforts over the past year.Three-quarters of law firms and in-house legal departments have struggled with recruitment, with primary challenges including aligning salary expectations and finding candidates with the necessary skills. According to a report by recruiters, over half of these firms identified salary alignment as a major issue, while 43% pointed to skills mismatch.Furthermore, 57% of respondents highlighted that work-life balance considerations prompted employees to leave, and 48% noted that career progression concerns were contributing to employee turnover. Researchers emphasised the importance of agility…

This week’s fashion industry updates highlight several significant leadership transitions across various top-tier brands. Notable figures are making strategic career shifts, while corporations adapt to new market dynamics.Liam Price takes on the role of global ecommerce director at AllSaints from FatFace, marking a key movement in digital strategy.White Stuff sees a departure of its founders amid acquisition by TFG London, a considerable change in its corporate structure.Tikki Godley joins Never Fully Dressed as COO, following her tenure at Ted Baker, pointing to ambitious expansion plans.The Boohoo Group announces its CEO John Lyttle’s departure alongside a new debt financing deal, indicating…

Despite a rise in revenue, Castore reports a significant financial loss for the fiscal year ending 4 February 2024.The company’s turnover increased markedly from £115m to £190.3m, yet resulted in a pre-tax loss of £28.8m.Exceptional costs totaling over £24.4m, including warehouse consolidation and stock provisions, heavily impacted profits.Despite operational challenges, management remains confident in future efficiency improvements.Sales increased across the UK, Europe, and internationally, despite the financial setback.Despite achieving a notable increase in revenue, Castore, supported by Sir Andy Murray and the Issa brothers, has reported a significant pre-tax loss of £28.8 million for the fiscal year ending on 4…

Trade unions and campaign groups are rallying support for Leicester’s garment industry, encouraging UK fashion retailers to pledge 1% of their production locally.An open letter urges 24 major UK retailers to back Leicester’s manufacturing through a small yet significant production shift.Signatories of the letter stress the ethical responsibility and potential benefits of sourcing from local factories.The commitment could transform Leicester into a hub of ethical fashion, fostering fair wages and workers’ rights.This initiative aims to secure jobs, boost local investment, and enhance reputations by adopting sustainable practices.Trade unions, campaigners, and community groups have come together to ask UK fashion retailers…

Selfridges’ financial performance continues to decline as losses surpass £400m.The luxury department store chain reported a £41.9m loss for the year ending February 2024.Revenue for Selfridges has slightly decreased from £843.7m to £834.9m.The impact of accounting standard IFRS 16 leases has influenced reported losses.Selfridges remains confident in customer engagement despite financial strains.Selfridges, a renowned luxury department store chain, is experiencing ongoing financial difficulties, with cumulative losses exceeding £400m. Recently, the company reported a £41.9m loss for the fiscal year ending on 3 February 2024, continuing a trend of financial decline from previous years. This loss follows pre-tax deficits of £39.3m,…

The UK government’s latest budget outlines its priorities for bolstering economic growth through increased investment and innovation.Chancellor Rachel Reeves announced significant funding allocations aimed at enhancing the UK’s research and development capabilities.Startups face potential challenges due to increases in Capital Gains Tax, sparking concerns over investment retention within the UK.Foreign Direct Investment remains crucial, with the UK securing a substantial amount at the International Investment Summit.Attention is now on future policies and events to determine the budget’s effectiveness in driving growth.With a strong focus on stimulating economic growth, the UK government, led by Chancellor Rachel Reeves, has unveiled a budget…