CBI: Recession is the catalyst for a decade of Business Change

The recession has raised concerns about commercial models, supply chains and finance that will reshape business behaviour well into the next decade, the CBI said today.

Retail & Company News

Draper Awards

Client successes were fervent at the Draper Awards Last week with White Stuff taking two awards for Best Smaller Multiple & Multiple Retailer (beating John Lewis!), and ASOS took etailer of the year. Congratulations!

 Cosmen Family Ups Interest in National Express

The Cosmen’s rose their stake twice in the last week to 19.72% from 18.97% ahead of a vital vote on National Express’s £360million rights issue. They would rather a tie-up with rivals such as Stagecoach. Voting takes place this Friday.

Sports Direct Hire a new permanent Chairman – Keith Hellawell

Hellawell says he is ‘delighted to join the board of Sports Direct and … looking forward to contributing to its continuing success in the retail sector.” 

Bollands Exit Creates a Gap

Following on from last weeks revelation that Mark Bolland was moving to M&S there is wide spread speculation about who will fulfil his role are Morrison’s.

Postal Strikes cost online retailers £53million in lost growth in October

‘the decline in e-retail sales values and volumes during the second half of the month shows that consumer confidence was affected by the Royal Mail strikes’.

 Comment

Google’s winning streak is based on apparently ‘giving something for nothing’ but…

‘if it doesn’t include consumers in its business plan, by giving them a cut of the value created by their personal information..’ then someone else probably will.   

India News

Kellogg’s breakfast dominance threatened due to shelf space allocation

Future Group and Kellogg are reportedly in a margin-tussle over having to allot significant shelf space to the brand because of the large pack sizes, while margins are not commensurate with the shelf-space allocation.

M&S Head of Buying votes for accessible fashion

Adam Colton spoke at the 25th IAF World Apparel Convention 2009  where it was evident that India is emerging as a promising market for global brands and the retailers alike, significantly for its contribution to global textile and apparel trade.