Access the latest business news brought to you every fortnight from the team at Hunter Miller.

RetailOct / 06 / 2017
SCS profit rises on higher sales

SCS Group has posted a rise in annual net profit after it increased sales density at its furniture and flooring stores.

Net profit rose by 8% to £9.4m, from £8.7m in the previous year. Revenue jumped by 4.9% to £333.0m.

SCS said trading since the start of the new financial year was in line with its expectations.

It declared a final dividend of 9.80p per share, bringing the full year dividend to 14.70p, up 1.4% on the previous year.

FMCGOct / 06 / 2017
Aviva hikes 'silver quota' with pledge to hire 1,000 new Baby Boomers by 2022

Aviva is ramping up its push to have a more grey-haired workforce by pledging to hire another 1,000 employees older than 50 by 2022.

The insurance giant is focusing its recruitment efforts on so-called Baby Boomers - those born during the post–World War II baby boom - as a rising number of adults hop to keep working well into their golden years.

The FTSE 100 company currently has around 16,000 UK employees, of which just under 3,000 or 18% are aged over 50, but has set a target to have 4,000 older workers on its payroll within the next five years.

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FMCGOct / 06 / 2017
The Hut Group makes 4th acquisition in less than 3 months

The Hut Group has expanded yet again with the acquisition of Illamasqua to its fast-growing beauty empire, less than three months after it started a takeover spree.

The online retailer purchased Illamasqua, which is co-owned by Julian Kynaston and Agent Provocateur founder Joseph Corré, for an estimated £25 million.

The acquisition is part of The Hut Group’s plans to splash out around £400 million this year for various technology projects and beauty brands, compared to last year’s £250 million investment budget.

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AdvertisingOct / 06 / 2017
Warburtons debuts ‘Pride & Breadjudice’ advert starring Peter Kay

Peter Kay is the star of a parody costume drama called ‘Pride and Breadjudice’ in a hilarious new advert for baking firm Warburtons.

The ad tells the romantic story behind the company as Kay portrays dashing seed salesman Thomas Warburton, who wins the love of a young, baking-obsessed noblewoman called Ellen, played by Emma Connell.

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