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RetailOct / 06 / 2017
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 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.
FMCGOct / 06 / 2017
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.
Read More at: https://www.retailgazette.co.uk/blog/2017/10/hut-group-makes-fourth-acquisition-deal-less-three-months/?utm_source=Retail+Gazette+Subscribers&utm_campaign=0826a95949-EMAIL_CAMPAIGN_2017_10_05&utm_medium=email&utm_term=0_d23e2768b6-0826a95949-54765481
AdvertisingOct / 06 / 2017
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.