ESG

Today’s news in brief-3/7/24

JD.com is reportedly considering a bid for parcel delivery company Evri, progressing to the second stage of bidding after making a non-binding offer last month. Competing companies include InPost and Cainiao, Alibaba Group’s logistics arm, as well as Apollo Global Management. Evri, formerly Hermes, has been exploring options including a…

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B&Q appoints new director of responsible business

B&Q has announced the appointment of Joanna Gluzman as director of responsible business. Gluzman has over 25 years of experience spanning ESG and investor relations, most recently at PZ Cussons, a FTSE 250 FMCG company as chief sustainability officer overseeing the sustainability strategy and implementation internationally. She has also held…

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Bensons for Beds appoints new CMO

UK bed specialist Bensons for Beds has appointed Mark Slater as chief commercial officer and part of its executive team. Having joined the business in an interim capacity in February, Slater brings with him a wealth of experience, having previously worked on the executive team of Howdens plc, a £4.7bn…

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Dobbies appoints new CMO

Garden centre retailer Dobbies has announced that Phil Thomas has joined the group as chief marketing officer.  Thomas, who has been CMO for Costa Coffee for the last three years, brings to Dobbies over 30 years of wide-ranging marketing experience in both retail and consumer goods.  Before serving as CMO…

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Currys appoints Octavia Morley as non-executive director

Currys has announced the appointment of Octavia Morley as a non-executive director and a member of the company’s Remuneration, ESG and Nominations Committees with effect from 1 April 2024. The group has also announced that Tony DeNunzio, senior independent director, will step down as a director on 25 April 2024…

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Today’s news in brief-28/2/24

Shein is reportedly contemplating shifting its Initial Public Offering (IPO) from New York to London amidst anticipated regulatory hurdles in the US due to its Chinese affiliations. The move would mark one of London’s largest IPOs ever. Chancellor Jeremy Hunt has engaged in talks with Shein’s chairman, Donald Tang, urging…

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UK’s largest retailers ‘greener but less focused on DE&I’, study finds

The UK’s largest retailers are stepping up their efforts to become greener but losing focus on diversity and inclusion initiatives and cyber security, national law firm Irwin Mitchell’s new Environmental, Social, and Governance (ESG) report has revealed. Irwin Mitchell has analysed the annual reports of the retailers in the FTSE…

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Northern Ireland records investment volumes of £338m, CBRE finds

Northern Ireland’s commercial investment sector held steady in 2023 despite economic challenges, recording total investment volumes of £338m, CBRE NI has revealed.  Investment sales were accumulated across 31 transactions, exceeding 2022’s tally of £330m and marking the investment sector’s strongest performance since 2015. The standout transactions of the year included…

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Today’s news in brief-4/1/24

UK retail footfall rose by 6.1% in December driven by a festive shopping surge. Shopping centres led with an 11.1% increase, followed by retail parks (5.9%) and high streets (3.7%). Compared to 2022, footfall edged up by 0.2%, primarily in high streets (+1.2%). However, shopping centres saw a decline of…

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Mamas & Papas sales rise 17%

High street nursery brand Mamas and Papas has reported sales rose by 17% in the 13 weeks to 31 December. The retailer said a record Black Friday performance, which saw year on year sales increase 18% over the three-week period, provided “significant trading momentum heading into the crucial Christmas period”,…

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