Moot Group News Today

You may have heard of payments startup Paddle which has raised $93.3m or perhaps Heroes which raised $65M to become the “Thrasio of Europe” but you might not have heard so much about a backer of these startups, Fuel Ventures, at least not yet. That’s about to change as Fuel Ventures comes out of the […]

The pizza chain said it wants 5,000 people to fill roles as pizza chefs or delivery drivers because demand is not slowing down despite the economy reopening.

Online fashion giant Boohoo today revealed a 41% surge in sales it raked in huge sims on the back of the online shopping boom during lockdown with Britons spending millions on lounge and sportswear while stuck at home. The retailer, founded by billionaire Mahmud Kamani, said revenues jumped to £1.74 billion in the year to February 28 2021 from £1.23 billion in the previous year.  The fast fashion retailer, which recently bought Debenhams, Dorothy Perkins, Burton and Wallis and was rocked b...

One of Britains most famous architects has said offices left empty by the coronavirus crisis could become the residential tower blocks of the future and vacant shops could be turned into urban farms.  Lord Foster of Thames Bank, whose designs include the Gherkin in London and Apples headquarters in Cupertino, California, said the pandemic has been an accelerant of trends that will reshape global cities. The 85-year-old argued that these trends include the repurposing of buildings for alternat...

Mike Ashley Frasers Group has sold its 25% stake stake in French Connection Share price soared Friday after takeover approaches from investment groups Spotlight Brands, behind fitness-focused Sweaty Betty, and Laura Ashley owners Gordon Brothers made one of the approaches Proposals come same week that Asos announced its £330m Topshop takeover Bohoo has agreed a £55million deal to buy the brand and website of Debenhams

57 of 264 stores on Oxford Street already permanently shut with annual revenue falling to below £2billion  More than 50,000 retail and hospitality jobs set to be lost when third lockdown ends, industry group claims New West End Company has warned the globally unique West End ecosystem is beginning to break down It claims West End has suffered tougher financial hit from coronavirus pandemic than any other part of UK

Boohoo has bought collapsed department store group Debenhams for £55m but will shut all remaining stores  Deal confirms Debenhams brand will disappear from high street after 242 years with up to 12,000 job losses Boss Mahmud Kamani in battle with Amazon as he wants to dominate homeware and beauty as well as clothes His son and PrettyLittleThing founder, Umar Kamani, says the family used to make weekly trips to Debenhams 

Retail sales have plummeted by the largest amount since records began as the coronavirus pandemic paralysed the shopping sector. A cycle of lockdowns and harsh restrictions to stop the spread of Covid-19 have seen High Streets decimated. Today the Office for National Statistics said sales were down 1.9 per cent, the biggest slump since figures started being collated in 1996. There was a slight 0.3 per cent rise in sales during December, but this was not enough to save the year. The high street ...

Flowing past beautiful icebergs and islands. >> the raft circles close enough to get a true appreciation of how enormous and imposing they really are. one in particular catches lexs eye. >> this iceberg, it was really beautiful. i think its the most beautiful iceberg i saw there. everything is sort of black and white and then this sharp blue iceberg float in the water. i really like sculptures. this one sort of looked like a skull in the beginning. then pieces were falling off. oot group returns...