The alcohol industry has described Chancellor George Osborne’s decision to press ahead with a planned 7.2% increase in alcohol duty as a “disappointing” and “baffling” measure that will put further pressure on the ailing pub sector and hit sales in shops.
Sainsbury’s reported a slowdown in sales during the fourth quarter, which caused its shares to fall 6% almost immediately. It also suggests that if Sainsbury’s, the top performing supermarket, is seeing a slowdown, we can expect worse reports from the rest of the retail sector in the coming months. Its like for like sales for […]
Chancellor George Osborne has unveiled what he describes as “a budget for growth” despite cutting the forecast for economic growth.
Bacardi has unveiled a global tie-up with tennis champion Rafael Nadal as its newest ambassador to educate consumers about responsible drinking. Nadal, winner of nine Grand Slam titles, will lead the spirits company’s responsible drinking campaign, “Champions Drink Responsibly.” The campaign, created by 23red, will include advertising, PR, consumer experiential and social media initiatives. This […]
Unilever is to buy Colgate-Palmolive’s laundry brands Fab, Lavomatic and Vel in Columbia for $215m (£132m), as part of its strategy to double the size of its business.
High street fashion retailer H&M is well known for bringing designer labels to the masses through collaborations with the likes of Jimmy Choo, Karl Lagerfeld and Stella McCartney. While the brand kudos gained for H&M among a mainstream customer base is obvious, the benefits for the designers involved has been called into question. Chanel and […]
The parent company of Manchester United, Red Football Ventures, has reported a loss of £109m for its last financial year.
The world of luxury is not just exclusive, it is highly secretive too. Several of the very large luxury brands are privately held like Chanel and Rolex and therefore do not need to report their annual or quarterly results. Even when the companies are publicly listed, like Louis Vuitton or Gucci, they are part of […]
Asos is taking its ad sales in-house as it focuses on creating bigger integrated campaigns for a smaller number of brand partners.
Sainsbury’s has reported a slowdown in sales during the fourth quarter as the tough consumer environment forced customers to manage their spending more carefully.
Dennis Publishing is to extend its tablet apps into platforms other than iPad later this year.
The Financial Times website will extend the use of the newspaper’s pink colouring in a redesign aimed at boosting paid subscription numbers.
Nickelodeon is assisting the government with its Early Years Foundation Stage review that will inform the 2013-2014 pre-school curriculum.
Online designer discount retailer BrandAlley is launching a mobile commerce platform as it looks to expand through diversification.
In axing the role of marketing director in the UK, Toyota has made an error of judgement. The change may speed up decision making but it will ultimately prove to be a blow to the Toyota brand in the UK. After 18 months of hard slog battling the reputation crisis that saw the Japanese car […]