Category Archives: Business

KPMG to protect La Senza lingerie chain from administration

Lingerie chain, La Senza, has become the latest UK retailer to face financial restructuring. Global accounting firm, KPMG has been appointed to advise the company on a range of restructuring options, which could include administration or a company voluntary agreement … Continue reading

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UK consumers tp spend 350 million hours shopping online this Christmas

Experian Hitwise has made twelve key retail, social media and video predictions for this year’s festive season. Based on the latest data trends in online shopping, social networking, email and entertainment, here are their “12 Insights of Christmas” 350 million … Continue reading

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Subway overtakes McDonalds as world’s largest

Subway have today claimed that their Chain is now larger than McDonalds worldwide with 33,749 stores versus 32,737 displaying the famous Golden Arches. However it is still safe to say that McDonalds is much larger in terms of revenue with … Continue reading

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Yahoo announces 87% profit growth results

Yahoo has announced profit growth of a whopping 87% on 1% revenue growth for the first quarter of 2010 versus the same period in 2009. Yahoo’s Chief Executive Officer Carol Bartz said: We had a good quarter, delivering income from … Continue reading

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Volvo now Chinese

Chinese car maker Geely has bought Volvo from Ford Motor Company in a deal said to be worth more than $1.75Billion. The company, based in China, says it will maintain Volvo’s manufacturing presence in Sweden and Belgium, but will consider … Continue reading

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Bar Refaeli strips for undies ad

Iraeli model and Leonardo DiCaprio’s (on-off) girlfriend Bar Refaeli shows the world just why she was chosen as the face of Passionata underwear range in a sizzling new advertising campaign. The 24-year-old strips off to pose in a series of … Continue reading

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Nestle posts $10billion profit in 2009

Swiss food giant Nestlé has posted a profit of 10.43 Billion Swiss Francs (almost $10bn) for Fiscal Year 2009 and will raise its dividend by 14.3% to 1.60 francs. The results are ahead of expectations and analysts are now predicting … Continue reading

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