Today's South West business news from Insider |
Latest News | Mulberry has hailed a strong digital performance during a financial year when its revenue was hit by the impact of Covid-19 and the closure of a majority of its physical stores.
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David Tanswell, managing director at Commercial Property Advisors, explains why business rates need to be re-evaluated by professionals.
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Clinical tech provider Comentis has closed a pre-launch funding round at £200,000, against a pre-revenue valuation of £2m. Funding has been secured from senior figures from legal and financial services, with the support of Invest West.
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The South West and Wales team of mid-market private equity firm LDC has completed three transactions in the first half of 2021, with a combined enterprise value of more than £280m.
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Paul MacKenzie-Cummins, founder and managing director of Clearly, says open the pages of pretty much most business magazines and you will invariably find a plethora of references to the term ‘brand purpose’. Its rise to the top of the organisational agenda over the last 12 months has been nothing short of meteoric. But what does ‘brand purpose’ mean? Does your business need to have one, and does it really drive sales?
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Revenues have fallen by more than 50 per cent at Loungers, which operates 175 cafes, bars and restaurants across England and Wales under the Lounge and Cosy Club brands, due to the Covid-19 pandemic. However, the company reported "significant market out-performance" since the reopening of hospitality.
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Future plc has hailed its 2021 financial year results in its latest trading update which are expected to be "materially ahead" of expectations.
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Healthcare group Alliance Pharma has reported a strong first-half with revenue rising sharply.
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The chief executive of DWF has said the legal and business services provider enjoyed a transformational year after reporting revenue and adjusted profit growth. The firm also made a reported pre-tax loss of £30.6m, but said this was largely due to acquisition and closure/scale back related costs.
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What’s the secret sauce for business success? Jon Penn, Vistage peer group chair in the South West, says it’s all down to the ingredients that make up the sauce and getting these right is the secret, as he explains here.
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Five Guys is set to open its second restaurant in Bristol after securing a new ten-year lease at a Clifton site.
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Zero carbon specialist Carbon Magics has set up a new office at Bond’s Mill, Stonehouse, owned by Robert Hitchins Ltd.
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Property consultancy Alder King has bolstered its planning service, with another two appointments to the team.
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Home REIT, which funds the acquisition and creation of properties across the UK that are dedicated to providing accommodation to the homeless, is contemplating a potential further issue of equity.
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Member Exclusive News | A smart energy service provider has secured a contract on a major development in Wiltshire.
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Pub operator JD Wetherspoon has confirmed the appointment of CBRE and Savills to sell seven of its pubs across England and Wales.
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Services & Guides | | | Find an adviser to help you buy, sell or invest in a business.
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