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


Senior MovesAug / 11 / 2017
Toymaker Lego returns to Danish roots with new CEO

The Danish company said it had appointed Niels B. Christiansen, 51, who joins Lego after nine years as CEO of Danfoss where by focusing on digitalization he increased sales and turned the firm into a global leader in energy efficiency.

Lego is hoping Christiansen can revive its flagging growth by increasing sales in Asia and fully embracing the digital era.


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RetailAug / 11 / 2017
Tesco scraps 5p shopping bags for 10p 'Bags for Life'

Tesco is scrapping its 5p plastic carrier bags and replacing them with a new 10p Bag for Life made from 94% recycled plastic.

The announcement follows a successful 10-week trial in Aberdeen, Dundee and Norwich, where Tesco found that customers bought significantly fewer bags when only pricer bags were offered.


More from www.telegraph.co.uk...

RetailAug / 11 / 2017
High-end cycling brand Rapha has been sold to the Walmart heirs for £200m

Premium cycling brand Rapha has been snapped up by two grandsons of Walmart founder Sam Walton.

RZC Investments, set up by Steuart and Tom Walton, today emerged victorious in the £200m race to buy the trendy cycling brand.

The investment vehicle pipped former Weightwatcher-backer Invus and Italian Aston Martin shareholder Investindustrial to the deal.


More from www.cityam.com...

RetailAug / 11 / 2017
Waitrose joins Tesco in reducing price of sanitary products to cut 'tampon tax'

Waitrose has become the second major UK supermarket to announce it will cut the price of women’s sanitary products and pay the “tampon tax” on behalf of its customers.

The high street giant is following in the footsteps of Tesco, which announced last month that it will drop the price of almost 100 products by 5%.

Waitrose will reduce prices by the same amount. The cut will apply to 97 different products, including named brand and the retailer’s own-brand goods, and be implemented over the course of this week.


More from www.independent.co.uk...