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Embattled fashion chain French Connection has received two separate takeover approaches from potential suitors, it told investors this morning. The retailer revealed that it had been approached regarding a takeover by retail investor Spotlight Brands, with backing from restructuring and investment group Gordon Brothers. It has also received another potential proposal from brand investment platform … Read more
Covid-hit fashion chain Jigsaw axes stores, clothing lines and overseas operations as it slumps to £30m loss By Daily Mail City & Finance Reporter Published: 22:55 GMT, 2 February 2021 | Updated: 22:55 GMT, 2 February 2021 Struggling Jigsaw has taken the axe to stores, clothing lines and overseas operations after the Covid-19 lockdowns cost … Read more
A viral TikTok video from last year showing Subway tuna-mayonnaise being made has resurfaced as the fast food chain is hit with allegations that the product doesn’t include any tuna – or even fish. The short video, shared by a user named @highimmar in June 2020, shows a Subway worker as they prepare the sandwich … Read more
Fury in Brussels after AstraZeneca say they cannot meet £300m Covid-19 vaccine deal demands ‘due to EU supply chain’ problems AstraZeneca was expected to deliver 80 million doses to EU by the end of March The company said they can now only supply 31 million jabs, a cut of 60 per cent The vaccine makers … Read more
Sir Brian Leveson publishes first report on Boohoo’s supply chain overhaul after sweatshop-style conditions and low pay were exposed By City & Finance Reporter for the Daily Mail Published: 22:01 GMT, 14 January 2021 | Updated: 22:01 GMT, 14 January 2021 Sir Brian Leveson has published his first report on Boohoo’s supply chain overhaul Sir … Read more
Icebergs in the Antarctic gradually melting further and further from the frozen continent could be the trigger that plunges Earth into a new ice age, study finds. Researchers from Cardiff University reconstructed past climate conditions and identified tiny fragments of Antarctic rock dropped in the open ocean as part of a study designed to understand … Read more
Key workers are to be tested for Covid-19 twice a week in bid to ‘break the chain’ of people passing on the virus without knowing they have it Key workers unable to work from home will be eligible for two Covid tests a week Lateral flow tests will become a key way to avoid current … Read more
Mark Wahlberg announces plans to bring his burger chain Wahlburgers to Australia… with the first location opening in Sydney in just months By Louise Starkey For Daily Mail Australia Published: 14:52 GMT, 3 January 2021 | Updated: 14:52 GMT, 3 January 2021 Mark Wahlberg is bringing his US burger chain, Wahlburgers, to Australia. The Hollywood … Read more
Celebrity favourite rehab chain The Priory Group is sold to Dutch private equity firm for £1.1bn By Daily Mail City & Finance Reporter Published: 21:50 GMT, 30 December 2020 | Updated: 21:50 GMT, 30 December 2020 Rehab chain The Priory Group, famous for treating celebrities from Robbie Williams to model Lady Isabella Hervey, has been … Read more
The boss of Revolution Bars today blasted the Government’s ‘scandalous’ treatment of bars and nightclubs during the pandemic, accusing it of ‘deliberately sacrificing businesses and people’s livelihoods’. Chief executive Rob Pitcher said state support for bars which have seen their trade decimated during the crisis is ‘totally inadequate’ and called grants of £1,000 per wet-led … Read more