Luxury carmaker Aston Martin Lagonda has received a large investment from Saudi Arabia as it raises £650 million of capital to pay down its debt, which is currently costing it £130 million a year in interest. However, despite the large sum, Aston Martin has not been successful in raising the cash required to invest in […]
Burberry revealed that first-quarter sales dipped 35% in the country which is a vital market for its clothing. Prior to the pandemic, approximately one-third of the global luxury industry was reliant on Chinese spending, both at home and aboard as tourists. Excluding China, Burberry’s sales were up 16% globally, but when included, sales only rose […]
According to Forbes, Jeff Bezos has an estimated net worth of $136.1 billion at the time of writing, making him one of the richest people on the planet. Most of Bezos’ wealth stems from his shares in Amazon, which he founded in 1994 from his garage in near Seattle, Washington. Behind the success of Amazon […]
Beverage giant Diageo has been making use of Vivanda, an artificial intelligence (AI) tool that could soon be recommending your next bottle of whisky. Diageo has been using Vivanda’s technology since 2019 in numerous markets, including the “Journey of Flavour” experience at Johnnie Walker Princes Street in Edinburgh. Vivanda is the foundation behind the “What’s […]
Kaseya CEO Fred Voccola got a taste for entrepreneurship early on, selling his first company while still in college and crediting his father for instilling a passion for innovation at a young age. Voccola shares the importance of entrepreneurship, the inevitable challenges and his own roadmap for success. Entrepreneurship fuels creativity and powers society Entrepreneurship […]
Google chief Sundar Pichai has reportedly informed employees that the tech giant will be “slowing down the pace of hiring for the rest of the year” amid an “uncertain global economic outlook”. This is according to an internal memo first reported on by Insider. Pichai said that Google won’t be freezing its hiring completely and […]
I am well aware that I chose to build a business that relies heavily on recruiting fantastic people in a fluctuating industry. Retail and hospitality has always been a unique arena in this regard and I was warned against it in the early years. For high street retail businesses, it is widely accepted that employees […]
With the cost-of-living crisis, the ‘great resignation’ and the energy crisis all building momentum, HR and business leaders need to go above and beyond to keep their teams motivated and engaged. The importance of fostering a healthy business culture It’s well known that a people-first workplace culture leads to a more productive workforce and better […]
The Cambridge Dictionary describes a CEO as “Chief Executive Officer: the main person responsible for managing a company, who is sometimes also the company's president or chairman of the board.” Although there is no standardised set of tasks for this ‘main person’, the responsibilities usually include guiding strategy, making profit, and implementing the organisation’s mission […]
According to a Monday report by Bloomberg, luxury fashion brand Tom Ford is in talks with investment bank Goldman Sachs about a company valuation. The potential sale could put the company’s worth at several billion dollars, though as the details of Tom Ford’s financials are not public, this figure is difficult to estimate. According to […]
In an exclusive interview, CEO Today speaks with Claire Costello, Interim Chief People Officer and Chief Procurement Officer at the Co-op, about the company’s commitment to supporting its employees through menopause. For those who don’t know, could you please explain what the Menopause Workplace Pledge is? The Menopause Workplace Pledge is a pledge run by […]
The advent of digital marketing was hailed as a golden age. Where marketing would be personalised, relevant, and measurable. Indeed, the rise of the internet and social media platforms offered powerful ways to engage with audiences and has offered new ways of consuming relevant content and created like-minded communities for its users. But somewhere along […]
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