Sportswear brand Sweaty Betty founded in 1998, from London’s Notting Hill Gate which expanded rapidly on the back of the popularity of so-called athleisure fashion, favourites of Jennifer Anniston and Halle Berry, had been bought by US-based Wolverine Worldwide best known for selling footwear for £294.4m. Brendan Hoffman, President of Wolverine Worldwide, said “Sweaty Betty…
The Darkest hour of Pandemic arrived on September 21, 2020 for Jeremy Farrar, a global expert in infectious disease control, one of the UK’s leading scientists, head of the Wellcome Trust, and a member of the SAGE emergency committee, describes how it feels as one of the key scientists at the sharp end of a…
According to Billionaire Weston family and 49-year-old Alannah Weston, chairman of Selfridges Group, a sale deal managed by Credit Suisse, would include Selfridge’s landmark London Store, one of the world’s most famous department stores for £4bn. The Weston Family whose net worth of £11bn, whose portfolio includes Primark, Twinnings, Jordans and Ryvita, acquired…
Aon and Wills Towers Watson have departed from a $30bmn tie-up that would have created the world’s biggest insurance broker after the US government sued to block the deal. Greg Case, Aon’s CEO said: “the companies have reached an impasse with the US Department of Justice, which had overlooked the fact that our complementary businesses…
US owned Cobham is near to clinching £2.6bn to acquire Ultra Electronics as take over of one of the Britain’s defence firms. The UK government is closely monitoring the proposed £2.6bn takeover of Ultra Electronics by a private equity-owned defence industry rival. Ultra said that its board was mined to recommend a £35-a-share offer…
Novelist, and former American academic, living in UK, Rick Gekoski in search of rare book trade for the last fifty years as a bookseller seeking scarce, world of first editions, revealing anecdotes and a hint of steel. By chance in 1971, he stumbled across a tranche of DH Lawrence first editions in Brooklyn on a…
Cal Newport debunks the jargon “follow your passion” by revealing have little to do with how most people end up loving their work after spending time with organic farmers, venture capitalists, screenwriters, freelance computer programmers, and other who admitted to deriving great satisfaction from their work. Newport takes the lid off strategies they used…
Tencent is making a swoop for taking over British innovative video games developer Sumo 919m and Innovative podcast platform Audioboom £188m acquired by Investment firm All Active Asset Capital, total worth more than £1.1bn. The two deals take the combined total Value of bids and deals for UK companies so far this year to more…
Competition authorities in the UK gave green light in Astra Zeneca’s $39bn takeover deal of US giant Alexion Pharmaceuticals delivering the British pharma a lucrative portfolio of immunology and a towering presence in rare diseases. Astra Zeneca on Wednesday announced the completion of its Alexion acquisition, a week after securing a pivotal nod from UK’s…
A Tokyo court sentenced US Special Forces veteran Michael Taylor for two years in prison and is son Peter for one year and eight months for their role in ex-Nissan chief Carlos Ghosn’s escape from Japan in 2019, after the pair were extradited from the US over claims they smuggled Mr Ghosn out of Japan…