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In today's MadTech Daily, we cover the IAB and MRC's release of draft guidelines for attention measurement, Frasers Group's launch of retail media network ELEVATE, and new research valuing the global podcast industry at USD$7.3bn, more than double previous estimates.
Wall St closed modestly lower on Tuesday as investors shifted focus from tariffs to first quarter earnings results. The Dow Jones lost 0.38%, the S&P500 fell 0.17% and the tech-heavy Nasdaq ended the day down 0.05%. Bank of America rose 3.6% yesterday after exceeding analysts' expectations for Q1 results, while Untied Airlines and Netflix are also expected to report this week. Boeing shares fell more than 2% though on Tuesday on reports that Beijing ordered Chinese airlines not to take anymore of the company's planes.In Europe overnight, markets in the region rose amid investor optimism of further tariff exemptions to come from the White House. The STOXX 600 rose 1.6%, Germany's DAX added 1.3%, the French CAC gained 0.9% and, in the UK, the FTSE100 ended the day up 1.5%.Across the Asia region on Tuesday, markets mostly rose in the region as a tech rally boosted investor sentiment. Japan's Nikkei rose 0.84%, South Korea's Kospi Index gained 0.88%, India's Nifty 50 rose 2.18% and Hong Kong's Hang Seng ended the day up 0.23%.The local market rallied for a second session on Tuesday with a gain of 0.17% after a day of relative calm with minimal news on the tariff front out of the White House. Investors increasingly sought out defensive stocks on Tuesday with CSL and CBA rising 2.56% and 0.87% respectively.The high growth tech sector came under pressure on Tuesday despite strength on the Nasdaq on Monday and Trump's exemption of key tech tariffs. KFC Australia operator Collins Food Group fell over 7.7% on Tuesday after announcing the results of its strategic review including the exiting of its Taco Bell operations in Australia and further expansion of KFC into Germany.Accent Group on the other hand rallied over 4.5% after announcing it will launch and operate leading global sports retailing business, Sports Direct to Australia and New Zealand. The leading Australian retailer also announced a long-term strategic relationship with Frasers Group, a global retailer of sports, premium and luxury brands based in London, with Frasers also increasing its stake in Accent Group to 19.57%.What to watch today:The Aussie dollar has further strengthened against the greenback to buy 63.48 US cents, 90.82 Japanese Yen, 48.08 British Pence and 1 New Zealand dollar and 8 cents.On the commodities front this morning, oil is trading 0.33% lower at US$61.32/barrel, gold is up 0.5% at US$3227.51/ounce and iron ore is up 0.13% at US$100.08/tonne. Ahead of the midweek trading session the SPI futures are anticipating the ASX will open the day down just 0.04% Trading Idea.s:Bell Potter has downgraded the rating on Evolution Mining (ASX:EVN) from a buy to a hold and have raised the 12-month price target on the gold and copper miner from $7.89 to $8.10 following the release of the company's March quarter report which came in strong as Bell Potter was expecting. The downgrade to a hold simply follows recent share price appreciation.Trading Central has identified a bullish signal on Universal Stores (ASX:UNI) following the formation of a pattern over a period of 38-days which is roughly the same amount of time the share price may rise from the close of $7.46 to the range of $10.10 to $10.70 according to standard principles of technical analysis.
Welcome to the latest episode of L.I.F.T.S – your bite-sized dose of the Latest Industry Fitness Trends and Stories. Hosts Matthew Januszek, Co-Founder of Escape Fitness and Mo Iqbal, Founder & CEO of SweatWorks attended PerformX 2025. In this LIFTS episode, Matthew and Mo are joined by Dan Summerson, Managing Director of Everlast Gyms at Frasers Group. This episode covers: Dan's career progression to Everlast. Everlast's hybrid fitness model. Focus on younger demographics. Modern environment and social media impact. Innovation and open culture. Wearables and data integration. Boutique experience in big box settings. Leadership approach and organizational dynamics To learn more about Everlast Gyms, click here: https://www.everlastgyms.com/ To learn more about PerformX Live, click here: https://performx-live.com/ ====================================================== Support fitness industry news by sponsoring future LIFTS episodes. Contact us at marketing@escapefitness.com for advertising opportunities. Subscribe to our YouTube channel and turn on your notifications so you never miss a new video when it's published: https://www.youtube.com/user/EscapeFitness Shop gym equipment: https://escapefitness.com/shop View our full catalog: https://escapefitness.com/support/catalog (US) https://escapefitness.com/support/catalogue (UK) ====================================================== Facebook: https://www.facebook.com/Escapefitness Instagram: https://www.instagram.com/escapefitness Twitter: https://www.twitter.com/escapefitness LinkedIn: https://www.linkedin.com/company/escapefitness/ 00:00 Intro 05:55 Transition to Everlast and Hybrid Model 08:52 Economic Model and Retail Integration 19:32 Membership and Market Segmentation 23:53 Innovation and Relevance 27:29 Wearables and Data Integration 30:37 Future Vision and Strategic Planning 33:21 Building a Boutique Experience in a Big Box Gym 36:16 Leadership and Team Dynamics
In this episode we discuss Frasers Group, Aviva, DS Smith, YouGov, AJ Bell & Zoom Communications $fras $av. $dlg $smds $you $ajb $zm
The UK economy is grappling with challenges as business confidence falters and retail sales dip. The Lloyds Bank business barometer fell to a five-month low of 41%, highlighting economic uncertainty, though firms remain optimistic about their trading prospects. Surveys from the Confederation of British Industry and the Institute of Directors indicate shrinking private sector activity and the lowest business confidence since April 2020. Elevated borrowing costs and higher employment taxes are straining businesses, dampening hiring and investment. Despite these difficulties, the Organisation for Economic Co-operation and Development (“OECD”) forecasts stronger growth by 2025, driven by public spending, though inflation is expected to stay above target.Stocks featured:Frasers Group, International Consolidated Airlines Group and Legal & General GroupTo find out more about the investment management services offered by Walker Crips, please visit our website:https://www.walkercrips.co.uk/This podcast is intended to be Walker Crips Investment Management's own commentary on markets. It is not investment research and should not be construed as an offer or solicitation to buy, sell or trade in any of the investments, sectors or asset classes mentioned. The value of any investment and the income arising from it is not guaranteed and can fall as well as rise, so that you may not get back the amount you originally invested. Past performance is not a reliable indicator of future results. Movements in exchange rates can have an adverse effect on the value, price or income of any non-sterling denominated investment. Nothing in this podcast constitutes advice to undertake a transaction, and if you require professional advice you should contact your financial adviser or your usual contact at Walker Crips. Walker Crips Investment Management Limited is authorised and regulated by the Financial Conduct Authority (FRN: 226344) and is a member of the London Stock Exchange. Hosted on Acast. See acast.com/privacy for more information.
On the Glossy Week in Review podcast, senior fashion reporter Danny Parisi and editor-in-chief Jill Manoff break down some of the biggest fashion news of the week. This week, we talk about the ongoing dominance of Abercrombie & Fitch and the continued drama between Boohoo and its minority owner Frasers Group. Later, we talk about the lawsuit between two influencers that raises some fascinating questions about the lawlessness of the creator economy.
Volkswagen inicia tercera ronda de negociaciones salariales con los sindicatos que amenazan con una huelga. Solo quedan diez días para encontrar una solución antes de que los sindicatos amenacen con intensificar sus reivindicaciones con huelgas en las fábricas alemanas. Las negociaciones se refieren a los salarios de 120.000 de los aproximadamente 300.000 empleados de Volkswagen en Alemania, empleados en seis fábricas regidos por un convenio colectivo independiente del del resto del personal. Volkswagen pone encima de la mesa una reducción salarial del 10% argumentando que es urgente reducir costes y aumentar beneficios para seguir siendo competitivo. La británica JD Sports advierte de que sus beneficios anuales se situarán en el rango inferior previsto por un entorno comercial volátil. Esto es, costes más elevados y un gasto del consumidor moderado en la temporada alta de Navidad. Su mal comportamiento en bolsa arrastra a sus competidores Frasers Group, Adidas y Puma. Radio Intereconomía está este jueves en MIND 2024, el evento profesional de referencia de la industria de gestión de activos y wealth management que nos permitirá conocer las mejores ideas de inversión de los grandes gestores de fondos y anticiparnos a las previsiones así como saber cómo posicionar las carteras de cara a 2025. En Expansión y Ciclo, el gobierno va a poder sacar adelante su paquete de medidas fiscales gracias al acuerdo alcanzado entre el PSOE y Podemos. Un asunto que abordaremos en la Tertulia de Cierre de Mercados con Pedro Fernández, abogado y profesor.
In this episode, we sit down with Michael Murray, the dynamic CEO of Frasers Group and one of the youngest executives to lead a major retail empire. Michael shares his journey from property consultant to the helm of a global retail powerhouse, responsible for iconic brands like Sports Direct and House of Fraser. We delve into the mindset that fuels his leadership, exploring how he navigated challenges and embraced opportunities to transform Frasers Group into a premium and luxury retail destination. Michael discusses his innovative “Elevation Strategy,” which focuses on creating beautiful retail spaces and enhancing customer experiences across the UK. Join us as we unpack the insights and strategies of a leader reshaping the retail landscape, gaining a rare glimpse into the thought process of a visionary at the forefront of modern retail.
On the Glossy Week in Review podcast, senior fashion reporter Danny Parisi and international reporter Zofia Zwieglinska break down some of the biggest fashion news of the week. On this week's luxury-focused episode, we talk about Stefano Cantino being appointed the new CEO of Gucci and Kering's attempt to bring back sales growth at its biggest brand. Later, we talk about the ongoing saga around Mulberry, including the takeover bid from part-owner Frasers Group. And, finally, we discuss the new joint venture between Authentic Brands Group and Saks Global.
London's FTSE 100 bucked its winning streak at the open on Friday despite fresh data showing a steady uptick in retail sales last month. Retail sales volumes climbed as expected by 0.5% in July, following a 0.9% drop a month earlier. This was fuelled by a rise in shopping at department stores and on sports equipment as the Euros football tournament and Olympics in Paris took place. Sports Direct owner Frasers Group had initially led the riser, before slipping back to around flat. Housing stocks including Persimmon, Rightmove and Barratt Developments were among those weighing on the FTSE 100 though after a report warned that government housing targets may prove challenging to meet. Government targets to build 1.5 million homes over the next five years may not be met if the focus is placed entirely on building new towns, the think tank Centre for Cities revealed. #ProactiveInvestors #marketreport #ftse #footsie #ftse #frasersgroup #sportsdirect #persimmon #rightmove #barrattdevelopments #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
In this episode, Fergus is joined by Dan Williams, Co-Founder of WIT Fitness.10 Years ago, Dan and his co-founder, Sam, took a huge risk and moved to London to start their own fitness retail brand. Fast forward a few years later and WIT had become one of the biggest fitness and Crossfit brands in the world having worked with global companies such as Nike, Adidas and Reebok. In 2020, the world changed, and like many other businesses, WIT had to adapt. After gaining more investment, resulting in Dan losing strategic control of the business, he made the very tough decision to leave WIT and pursue different opportunities. However, in January 2024, WIT was acquired by Frasers Group and Dan is now back involved with a majority stake to help relaunch the brand and reconnect with the evolving fitness community. Fergus and Dan discuss the journey to starting WIT, overcoming the many challenges of starting a business in such a competitive space, the evolution of the fitness industry, why the fitness community is so important to Dan, where he sees WIT in the next 5 years, and much much more… Expect to appreciate the risks of starting a business. Expect to learn more about the fitness industry. Expect to reflect on your priorities. Join The Modern Mind mailing list
In this episode we discuss Burberry, Ocado, Frasers Group, Trustpilot, Aston Martin Lagonda & Neflix $brby $ocdo $fras $trst $aml $nflx
The FTSE 100 shrugged off another bout of tech weakness in the US overnight and got off to a flying start led by Mike Ashley's Frasers Group. The Footsie was up 76 points 8,623 shortly after the open, building on the late gains seen Wednesday. Sports Direct owner Frasers is the standout, with its shares leaping more than 8% as annual profits hit the top of forecasts and were accompanied by guidance for another hefty increase in the current year. Power generator SSE meanwhile said it is on track to reach around nine gigawatts of installed capacity by 2027, largely from offshore wind farm projects. The company added that it welcomes the new government's renewables plans. Wealth platform AJ Bell was another healthy riser as it reported a big jump in customer numbers and said people are trading more as confidence in the market picks up. Also on the up on a good day was Dunelm with shares of the homewares retailer up 6% on comments that profits this year would come in “slightly ahead of expectations”. #ProactiveInvestors #marketreport #ftse #ftse100 #footsie #mikeashley #frasers #sse #sportsdirect #ajbell #dunelm #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Following the news that Sam Kitching and Daniel Williams, co-founders of WIT Fitness, have returned to the brand to lead the business in partnership with Frasers Group, Sammi sat down with Dan to discuss! Follow WIT 2.0's journey @wit.londonDon't forget to rate/review and subscribe or follow!You can follow the show and send in your questions to @modernwellnesspodcast or email questions@modernwellnesspodcast.comAnd follow the hosts Adrienne @adrienne_ldn, Sammi @sammiadhami, and Oli @_olipatrick. Hosted on Acast. See acast.com/privacy for more information.
Geek Warning is back, with Dave and Ronan on hand to discuss the latest happenings from the world of cycling tech. James is currently roaming the halls of the Taipei show, so this week, you get two-thirds of our geeky Geek Warning trio discussing the Fraser Group's acquisition of whatever is left at Wiggle-CRC after another round of layoffs and the latest questions as the hookless conversation rages on following what appears to be another failure.There's also news of Look's new Keo Blade and X-Track power meter pedals and Rapha's latest aero jersey that might save you 7 watts, four watts, or both; we're not sure. Later in the episode, the conversation changes to Ronan's concerns we may be headed for an automotive industry-style "approved service centre only" model for our bike's servicing and maintenance needs. While the conversation throws up some potential positives from such a move, worryingly, Dave suggests we are already there. Finally, Dave has another reason to buy more tools dressed up as a PSA. Time stamps:5:20 - Frasers Group's Wiggle-CRC takeover10:00 - Hooked on hookless 16:50 - New Giant TCR21:55 - Stupid helmets everywhere28:10 - Look's new power meter pedals32:50 -Rapha's new Pro Team Jersey37:40 - On Your Mind - "Approved service centre only" 48:00 - A PSA from Dan Bigham's mechanic
Geek Warning is back, with Dave and Ronan on hand to discuss the latest happenings from the world of cycling tech. James is currently roaming the halls of the Taipei show, so this week, you get two-thirds of our geeky Geek Warning trio discussing the Fraser Group's acquisition of whatever is left at Wiggle-CRC after another round of layoffs and the latest questions as the hookless conversation rages on following what appears to be another failure.There's also news of Look's new Keo Blade and X-Track power meter pedals and Rapha's latest aero jersey that might save you 7 watts, four watts, or both; we're not sure. Later in the episode, the conversation changes to Ronan's concerns we may be headed for an automotive industry-style "approved service centre only" model for our bike's servicing and maintenance needs. While the conversation throws up some potential positives from such a move, worryingly, Dave suggests we are already there. Finally, Dave has another reason to buy more tools dressed up as a PSA. Time stamps:5:20 - Frasers Group's Wiggle-CRC takeover10:00 - Hooked on hookless 16:50 - New Giant TCR21:55 - Stupid helmets everywhere28:10 - Look's new power meter pedals32:50 -Rapha's new Pro Team Jersey37:40 - On Your Mind - "Approved service centre only" 48:00 - A PSA from Dan Bigham's mechanic
While the two topics discussed on episode 72 of the road.cc Podcast are both high on the cycling world's list of talking points this week, they notably sit at opposite ends of the seriousness spectrum (unless you take your time trial helmet debates very seriously, of course). In part one, George and Ryan are joined by a former Wiggle Chain Reaction Cycles employee, one of the 450-odd staff members laid off as part of the online retailer's demise and recent rumoured purchase by Mike Ashley's Frasers Group, who discussed what life was like behind the scenes at the beleaguered brand as Wiggle CRC lurched from crisis to crisis in recent months following the collapse of its parent company. The ex-employee also chats about the contrast between Wiggle's grand expansion plans and the struggling state of the bike industry, the “shock” of the company's collapse (amid hopes that it could continue on), and the abrupt, “hard and fast goodbye” dished out to its staff, and the future for Wiggle's house brands such as Vitus and dhb.Meanwhile, in an altogether more frivolous part two, Ryan and Jamie sit down to discuss the topic that's dominated the agenda at Paris-Nice and Tirreno-Adriatico this week: Visma-Lease a Bike's bonkers new Giro Aerohead time trial helmets (oh, and Bahrain-Victorious' fire service-style helmets, too). We ask the important questions: Has helmet design finally jumped the shark? Do these increasingly extravagant air-cheating shapes actually make a difference? Will the UCI ban Giro's bold new look? And, finally, was it designed by a five-year-old?
In this episode we discuss Inditex, AJ Bell, Currys, Supreme, Frasers Group & Wix $itx $ajb $cury $sup $fras $wix
The US jobs report is likely to be of interest for FX traders. There's the private ADP payrolls on Wednesday and the government report from the Labor Dept on Friday, releasing the non-farm payrolls number. While that will be of interest for the USD, the Australian dollar could move around the Reserve Bank of Australia (RBA) rate decision on Tuesday and then the Canadian dollar on Wednesday on the Bank of Canada (BoC) rate decision. Corporate releases include Frasers Group, On the Beach and Berkeley Homes Group. Any opinion, news, research, analysis, or other information does not constitute investment or trading advice. Follow us on Twitter, Instagram, and YouTube
Elon Musk praises Tesla's self-driving capabilities, former chairman of Bank of China arrested for corruption, CFTC files lawsuit against Voyager Digital and former CEO, Charlie Munger's fortune could have exceeded $10 billion, MapmyIndia's shares double in value, Shell's stock price reaches record high, private equity investor warns of systemic risk in life insurance industry, Rite Aid files for bankruptcy, Frasers Group increases stake in Boohoo Group, and KKR submits binding bid for Telecom Italia's fixed access network.
Michael Murray is the CEO of Frasers Group, which owns some of Britain's best known retail brands — including House of Fraser, Sports Direct, Flannels, Jack Wills, and Gieves & Hawkes. Appointed to the role in May last year at the age of just 33, Michael has overseen an impressive leap in fortunes for the company, at a time when the high street seems in greater flux than ever. In a conversation recorded at the Fraser Group HQ, Michael tells us how his childhood growing up in Doncaster shaped his attitude to hard work and why he feels he was always destined to be an entrepreneur — as well as what the government might do to help the ailing high street, and just what the future of retail might hold.
Earlier in the summer, I collaborated with the SmartRecruiters team to interview four fantastic practitioners who spoke on The Hiring Without Boundaries stage at RecFest in London. We recorded the conversations backstage at the event, and this is the first of three podcast episodes where I will be sharing them. Hiring for frontline retail positions has always been a challenge, but since the pandemic, it is a challenge that has increased exponentially. So how does an expanding retail group fill 30,000 roles a year at pace while ensuring a high-quality candidate experience that reflects the fact that their candidates are literally their customers? My first RecFest guest is Adam Reynolds, Head of Talent at Frasers Group. Frasers Group is a multi-brand international retail chain, and Adam and his team have used technology to transform their TA strategy to meet the needs of the business in a very tough talent market. In the interview, we discuss: Recruiting challenges Growing hiring exponentially Urgency, pace, and velocity Getting stakeholder buy-in Quality communication at scale Automation without being robotic Storytelling The fundamental role of technology Ratios and data Talent pooling silver medallists How will the role of the recruiter evolve in an AI-driven future? Listen to this podcast on Apple Podcasts.
Earlier in the summer, I collaborated with the SmartRecruiters team to interview four fantastic practitioners who spoke on The Hiring Without Boundaries stage at RecFest in London. We recorded the conversations backstage at the event, and this is the first of three podcast episodes where I will be sharing them. Hiring for frontline retail positions has always been a challenge, but since the pandemic, it is a challenge that has increased exponentially. So how does an expanding retail group fill 30,000 roles a year at pace while ensuring a high-quality candidate experience that reflects the fact that their candidates are literally their customers? My first RecFest guest is Adam Reynolds, Head of Talent at Frasers Group. Frasers Group is a multi-brand international retail chain, and Adam and his team have used technology to transform their TA strategy to meet the needs of the business in a very tough talent market. In the interview, we discuss: Recruiting challenges Growing hiring exponentially Urgency, pace, and velocity Getting stakeholder buy-in Quality communication at scale Automation without being robotic Storytelling The fundamental role of technology Ratios and data Talent pooling silver medallists How will the role of the recruiter evolve in an AI-driven future? Listen to this podcast on Apple Podcasts.
Earlier in the summer, I collaborated with the SmartRecruiters team to interview four fantastic practitioners who spoke on The Hiring Without Boundaries stage at RecFest in London. We recorded the conversations backstage at the event, and this is the first of three podcast episodes where I will be sharing them. Hiring for frontline retail positions has always been a challenge, but since the pandemic, it is a challenge that has increased exponentially. So how does an expanding retail group fill 30,000 roles a year at pace while ensuring a high-quality candidate experience that reflects the fact that their candidates are literally their customers? My first RecFest guest is Adam Reynolds, Head of Talent at Frasers Group. Frasers Group is a multi-brand international retail chain, and Adam and his team have used technology to transform their TA strategy to meet the needs of the business in a very tough talent market. In the interview, we discuss: Recruiting challenges Growing hiring exponentially Urgency, pace, and velocity Getting stakeholder buy-in Quality communication at scale Automation without being robotic Storytelling The fundamental role of technology Ratios and data Talent pooling silver medallists How will the role of the recruiter evolve in an AI-driven future? Listen to this podcast on Apple Podcasts.
Amid a sea of change, the retail landscape has dramatically shifted over the past five years. In this episode, Henry Rice from Frasers Group joins Chief Data Citizen, Stijn Christiaens, at Data Citizens On the Road where they explore the far-reaching impacts of Brexit, the global pandemic, and the cost of living crisis on the retail industry. In the latter part of the conversation, Henry and Stijn tackle the challenge of morphing a 'data village' into a formidable 'data metropolis.' They also explore how we can shatter the age-old boundaries between technical and business facets to become indispensable data partners to our business.Three reasons you should listen to this episode:Learn about the profound impact of Brexit, the global pandemic, and the cost of living crisis on the retail landscape, and how Frasers Group managed to adapt and thrive.Understand the pivotal role of data governance in adopting emerging technologies like generative AI and machine learning.Discover insights on transitioning from a 'data village to a 'data metropolis', the importance of aligning with the business, and how to become an indispensable data partner to your business.ResourcesConnect with Henry on LinkedinConnect with Stijn on LinkedinEnjoyed this Episode?Be sure to follow us so you never miss an update. You can leave us a review on Apple or Spotify, and share it with your friends and colleagues to help others learn more about the importance of a data-first digital transformation approach.Have questions? You can connect with us on LinkedIn. For more updates, please visit our website.
Commercial Awareness with Watson’s Daily business and financial news
In this episode, Christina and I talk about the reasoning behind Frasers Group's latest acquisitions and the latest panic in mortgages…
Good morning from a very rainy London, where The FTSE 100 is defying the gloomy weather by being up on the day. Investors have also been looking to gilt yields, which hit a 15-year high on Monday ahead of another interest rate call from the Bank of England coming up this Thursday. Homebuyers have been at the sharp end of all these market jitters, with UK lenders pulling hundreds of offers on Monday. Turning to the stock market now, Frasers Group has enjoyed a boost this morning after Mike Ashley's investment vehicle took a 9% stake in high street electricals retailer Currys. SAGA shares also jumped as the insurance and holiday company said full-year underlying profit will likely be well ahead of last year's showing. Battery maker Northvolt has secured a US$400mln injection from Canadian investors, which will help the Swedish firm boost production and prepare for a potential IPO. And in small caps, Atlantic Lithium shares were boosted by some positive results from the Ewoyaa mine in Ghana, indicating significant quantities of lithium. #ProactiveInvestors #FTSE100 #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Good morning from London, where the FTSE 100 is up at three-week highs. Ocado, Frasers Group and housebuilders Persimmon are among the biggest gainers, though nobody can say for certain why it is that Ocado is suddenly performing when they've not put out any news. It's a different story at Tesco, who put out a trading statement this morning that spoke of ‘encouraging signs' that inflation was starting to ease in the UK. The supermarket giant also reported a rise in UK sales during its first quarter, prompting it to reiterate full-year guidance. Outside of the high street ITV shares are down this morning after the broadcaster confirmed that it is considering buying up Fleabag-making production firm All3Media, which is currently valued at £1bn-plus. Builder Travis Perkins warns that its operating profits will likely be lower for the year as a result of weak demand and high interest rates in the UK. Currys shares are up on news that its carrying out a strategic review of its Greek business Kotsovolos, ahead of a potential sale. And finally, Virgin Galactic has set a window between the 27 to 30 of June for its first commercial space tourism flight. And for anybody confused by that, it was Virgin Orbit that collapsed last month. That's all for this week, have a great weekend. #ProactiveInvestors #FTSE100 #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Victoria Scholar, Head of Investment at Interactive Investor discusses why bond yields have just risen above levels last seen during Truss's mini budget crisis and also covers the CBI and KPMG both no longer expecting the UK economy to fall into a recession this year, Frasers Group buying a strategic stake in AO World & Waitrose is cutting prices on over 200 products.
As the landscape of luxury retail is rapidly evolving, a fresh perspective and innovations in luxury retail comes to the forefront from Lauren Barrie, the Group Head of Luxury Retail at Frasers Group. In a world still recovering from the effects of the pandemic, this topic is more timely than ever as we explore how luxury retailers are innovating and adapting. One noteworthy statistic: one in three customers that shop with Flannels, a division of Frasers Group, are experiencing luxury for the first time.What does the future of luxury retail look like, what are the current innovations in luxury retail, and how is it changing to accommodate both traditional and new consumers?In this episode of Retail Refined, host Melissa Gonzalez is joined by Lauren Barrie, Group Head of Luxury Retail at Frasers Group. They delve into the current state of luxury retail, including Frasers Group's expansion plans, the innovative in-store experiences they're offering, and the strategies they employ to cater to different types of luxury consumers.Gonzalez and Barrie also discuss...● Frasers Group, started with a £10,000 loan, is now a FTSE 100 company with over 900 stores across 30 countries, offering a mix of sports, premium, and luxury products.● They are strategically situating their luxury stores (like Flannels) in towns and cities that previously lacked access to luxury, thus tapping into an underserved market.● Lauren discusses their experiential retail plans, which include bringing in new categories and services, from the world's first beauty changing rooms to introducing a world-class fitness studio.Lauren Barrie is the Group Head of Luxury Retail at Frasers Group. She leads the luxury sector of the business, overseeing renowned brands like Flannels, Amara Home, and 18 Montrose. Barrie's expertise has been integral in navigating the luxury retail segment in an ever-changing market.
We have Prime Ministers aplenty in today's show. Lizzy Burden tells us Boris Johnson was unusually serious in his evidence to Parliament's Partygate inquiry. Bloomberg's Stephen Carroll, Caroline Hepker and Yuan Potts unpack the aftermath of the vote on the Windsor Framework, which passed with a hefty majority, but without the support of Johnson or Liz Truss. Our energy reporter Todd Gillespie joins us to discuss Bloomberg's scoop on traders making millions in the UK's power market. Plus: do Britain's high streets have a surprisingly rosy future? We hear from the CEO of Frasers Group and our Opinion columnist Andrea Felsted. See omnystudio.com/listener for privacy information.
In this week's episode #73 of Let's Talk Money and More Podcast I am delighted to introduce you to another really interesting guest, Nicola Frampton. Nicola joined William Hill in 2010 as Director of Corporate Risk then Group Director of Customer Operations before becoming Managing Director of the UK Retail division in June 2014 during which time she led and implemented a number of major innovation and transformation projects. She has extensive experience in risk management, assurance and corporate governance across a wide range of industries, having specialised in these areas of corporate activity at both William Hill and prior to that whilst at Deloitte. Nicola is the Operations Director at Domino's Pizza UK and a Non-executive Director at Frasers Group.In this episode Nicola shared her money story, the pivotal moments in her career, her experiences and learnings that have contributed to the kind of relationship with money she has today. Make sure to tune in, this episode is inspiring, insightful and a fascinating listen. Enjoy! Key TakeawaysOur health and well being is wealth. Wealth is also about freedom. Money is an enabler and it gives us freedom choices, it allows us to support the future we want as well as the people who matter to us. Wealth is available to everybody. Believe in that and hold on to it, plan and put action into place to create that wealth but also recognise that there isn't one way to get there but several. Be intentional with the actions you are taking. Even more importantly, be aware of your limiting factors.Money is emotive. And when we are in certain situations we respond to those emotions, have knee jerk reactions and make us feel a whole raft of different emotions. Our relationship with money, how we spend, how we save, and utilise money can be very different to somebody else. That's why it is important to have self awareness and deep understanding towards our relationship with money.You are your greatest investment.Believe in yourself and believe in your capability and accepting that it really is you who makes the choices about what you go for. Your integrity and authenticity builds relationship and trust with people. When you work hard and prove you are capable people will invest in you.Connect with Nicola FramptonLinkedin www.linkedin.com/in/nicola-frampton-5a242a/Connect with Lesley ThomasFREE Money Archetype Quiz www.themoneyconfidenceacademy.com/resources/sma-assessment/FREE Resources www.themoneyconfidenceacademy.com/resources/My website www.themoneyconfidenceacademy.com/Join my Facebook Group www.facebook.com/groups/letstalkmoneyandmoreYoutube channel www.youtube.com/@themoneyconfidenceacademyFollow me on Instagram www.instagram.com/lesleythomascoaching/Connect with me on LinkedIn www.linkedin.com/in/lesley-thomas Hosted on Acast. See acast.com/privacy for more information.
In this week's episode #73 of Let's Talk Money and More Podcast I am delighted to introduce you to another really interesting guest, Nicola Frampton. Nicola joined William Hill in 2010 as Director of Corporate Risk then Group Director of Customer Operations before becoming Managing Director of the UK Retail division in June 2014 during which time she led and implemented a number of major innovation and transformation projects. She has extensive experience in risk management, assurance and corporate governance across a wide range of industries, having specialised in these areas of corporate activity at both William Hill and prior to that whilst at Deloitte. Nicola is the Operations Director at Domino's Pizza UK and a Non-executive Director at Frasers Group.In this episode Nicola shared her money story, the pivotal moments in her career, her experiences and learnings that have contributed to the kind of relationship with money she has today. Make sure to tune in, this episode is inspiring, insightful and a fascinating listen. Enjoy! Key TakeawaysOur health and well being is wealth. Wealth is also about freedom. Money is an enabler and it gives us freedom choices, it allows us to support the future we want as well as the people who matter to us. Wealth is available to everybody. Believe in that and hold on to it, plan and put action into place to create that wealth but also recognise that there isn't one way to get there but several. Be intentional with the actions you are taking. Even more importantly, be aware of your limiting factors.Money is emotive. And when we are in certain situations we respond to those emotions, have knee jerk reactions and make us feel a whole raft of different emotions. Our relationship with money, how we spend, how we save, and utilise money can be very different to somebody else. That's why it is important to have self awareness and deep understanding towards our relationship with money.You are your greatest investment.Believe in yourself and believe in your capability and accepting that it really is you who makes the choices about what you go for. Your integrity and authenticity builds relationship and trust with people. When you work hard and prove you are capable people will invest in you.Connect with Nicola FramptonLinkedin www.linkedin.com/in/nicola-frampton-5a242a/Connect with Lesley ThomasFREE Money Archetype Quiz www.themoneyconfidenceacademy.com/resources/sma-assessment/FREE Resources www.themoneyconfidenceacademy.com/resources/My website www.themoneyconfidenceacademy.com/Join my Facebook Group www.facebook.com/groups/letstalkmoneyandmoreYoutube channel www.youtube.com/@themoneyconfidenceacademyFollow me on Instagram www.instagram.com/lesleythomascoaching/Connect with me on LinkedIn www.linkedin.com/in/lesley-thomas Hosted on Acast. See acast.com/privacy for more information.
On this year's last episode of the money and markets podcast Dan Coatsworth, Danni Hewson, Laura Suter and Laith Khalaf share their thoughts about the year's pivotal moments from Russia's invasion of Ukraine to “Trussonomics” and why mega caps like Amazon and Apple have lost you money this year. They also discuss the latest inflation figures on both sides of the Atlantic, assess how markets have reacted plus how a winter of strike action in the UK is affecting companies like Moonpig and discuss the latest trading updates from Frasers Group, Zara owner Inditex and the world's biggest holiday company TUI. With 2023 hurtling towards us we hear from a host of fund managers about their picks for the new year, plus Laith digs into AJ Bell's latest manager vs machine data and finds that the year's volatility has actually put the machine in front. And Laura talks interest rate rises and the scammers out to get you this Christmas.
In this episode we discuss Frasers Group, Ashtead, DS Smith, Baltic Classifieds Group, Moonpig & Brown-Forman $fras $aht $smds $bcg $moon $bf.a
The FTSE 100 was little changed in early trading at just under 7,500 points. Investors are awaiting next week's interest rate decisions. Mike Ashley's Frasers Group released its interim results this morning and says its confident in its pre-tax profit forecast of between £450mln and £500mln. Infrastructure group Balfour Beatty are also striking a cheerful tone, suggesting that its profits could be increasing by 5% on the year this year. Over in the US, Apple has scrapped its controversial plan to scan users iCloud images in search of evidence of harmful acts after a backlash. And in small caps, Galileo Resources says it has identified four target zones at the Kamativi lithium project in Zimbabwe. Allergy Therapeutics says it's dosed its first patient in a phase III trial for a new grass pollen vaccine to treat hay fever And Evgen Pharma says that the strength of its balance sheet was reassuring in "turbulent times.” Cash reserves at the end of September stood at £7.2mln. #ProactiveInvestors #FTSE #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
A look at house prices as they see their most widespread fall since May 2020, while rents are likely to continue to go up. Plus, Ian King talks to the chief executive of Frasers Group after the Sports Direct owner saw a jump in profits, bucking the downturn in retail sales. And the head of Uber UK speaks to the show about why it's helping military veterans transition into flexible civilian work.
The BBC has new figures on how Britain's high streets have changed since the pandemic; Sean Farrington asks what's driving the shift. Coventry City FC have been served an eviction notice by their stadium's new owners, Frasers Group - will they have to go? Plus, Taylor Swift's fans are suing Ticketmaster - Sean finds out from an LA lawyer how much chance they've got.
This podcast episode is sponsored by Burgopak. Burgopak delivers award-winning innovative packaging solutions for some of the world's leading companies in Fintech. Discover how tangible physical touchpoints are crucial in digital banking with the Burgopak 'Welcome to the club' book; Request your free copy, contact info@burgopak.com Welcome to your daily FinTech news! In case you missed it, please see below today's most relevant news, or tune in to our Daily Fintech Podcast here. NEWS HIGHLIGHT The Frasers Group, the listed owner of high street brands such as Sports Direct, Jack Wills and House of Fraser founded by Mike Ashley, has invested £23m in challenger credit FinTech Tymit. Following this Series A funding round, which was conducted with an undisclosed valuation, Frasers Group has become a ‘major minority' investor in Tymit, which has now seen a total of £33m of investment to date. Link here BREAKING NEWS Wise is set to expand investment services across Europe with an Estonian license. The global technology company received the licence from the Estonian Financial Supervision and Resolution Authority, and said it will be bringing its Assets product to Estonia “in the coming quarters.” Link here Apple will start to offer health insurance in 2024 as it looks to build on the health data it has acquired from the Apple Watch, an analyst has predicted. Link here
Commercial Awareness with Watson’s Daily business and financial news
In this episode, Michael and I talk about the current state of consumer and corporate confidence as well as the logic behind Frasers Group buying into ASOS…
The FTSE 100 ticked down in early trading but remained close to three-week highs. Rishi Sunak has become the firm favourite for next PM, according to reports, after Boris Johnson backed out of the race late last night. Frasers Group has said its received valid acceptances for its mandatory offer for MySale and has increased its stake in luxury clothing brand Hugo Boss. Publishers Pearson confirmed it remains on track to meet full year sales and adjusted operating profits in line with expectations. Shell has said it will invest in the second phase of a mega liquefied natural gas project in Qatar, having bought into the initial stages of the development three months ago. Union Jack Oil confirmed it will pay its maiden dividend and undertake a share buy-back programme. It continues to see good production volumes and higher oil and gas prices at the UK Wressle field. Battery and lighting distributor Supreme said its lighting division is now showing signs of recovery following a slowdown in the first half of the year. And Cellular Goods said its ‘Look Better' skincare products will be available to purchase from Debenhams' online marketplace from today, with eight products initially available to consumers.
On this week's Money and Markets podcast Dan Coatsworth and Danni Hewson discuss the barrage of bad news that's been troubling markets even before US and UK central banks hiked rates. Profit warnings have been coming in thick and fast including Hilton Foods, The Hut Group, DFS and the biggie – bellwether stock FedEx, so what can investors expect as we head into another earnings season? They explore the good news for UK businesses that's come in the form of the government's six-month energy price cap out today plus they ask if travel stocks have finally turned a corner after an upbeat update from TUI. With one of the most pressing issues being discussed in boardrooms today being how to save money, Dan catches up with Jonathan Maxwell, the manager of the SDCL Energy Efficiency Income Trust. He runs an investment trust that puts money into projects that not only save companies a few quid, but also help the environment. With leaks about the new chancellors “mini-budget” coming in thick and fast, Danni looks at the boost house builders like Persimmon and Redrow have been getting from speculation that there could be intervention on stamp duty. And as one of the city's most controversial characters backing away from the board of Frasers Group, Danni and Dan discuss the career and legacy of Sports Direct Founder Mike Ashley.
On the Glossy Week in Review podcast, senior fashion reporter Danny Parisi and editor-in-chief Jill Manoff break down the biggest fashion news of the week. On this week's episode, British fast-fashion company Missguided entered bankruptcy and was bought out by Frasers Group for $22 million, Kenzo's creative director Nigo announced plan to release sequential campaigns every month, and more fashion brands entered the pandemic-hot home goods category.
Commercial Awareness with Watson’s Daily business and financial news
Episode 84: In this episode, Jakub and I talk about why Frasers Group is so keen on Mulberry and the direction it might go if it buys the whole thing...