Ex-Pringle boss returns with online fashion label
THE former boss of Pringle of Scotland and Aquascutum is to set up her own online womenswear label with a launch fronted by model Yasmin Le Bon.Kim Winser will launch Winser London on 15 February, but...
View ArticleRyanair raises profit forecast despite higher costs
Budget airline Ryanair has increased its full-year profit forecast after its average fares rose faster than expected during the third quarter.The Irish carrier said it expects to deliver a profit of up...
View ArticleScottish Business Briefing - Monday 28 January, 2013
WELCOME to scotsman.com’s Scottish Business Briefing. Every morning we bring you a comprehensive round-up of all news affecting business in Scotland today. BANKINGScottish Friendly reports leap in...
View ArticleMichelle Mone split to give tycoon Ultimo control
ENTREPRENEUR Michelle Mone is set to secure a divorce settlement that will see her take full control of the lingerie company she established with her soon-to-be ex-husband.• Michelle Mone divorce will...
View ArticleToyota grab record sales as Japan races away
Toyota overtook US rival General Motors to regain its crown as the world’s biggest car-maker last year, as Japanese car companies roared back.The Japanese firm reported global sales of 9.75 million...
View ArticleMitie poised for growth from Lloyds and Sky deals
MITIE, the outsourcing specialist, is forecasting a leap in sales after cashing in on a string of big contract wins with companies such as Lloyds and Sky.City analysts yesterday issued a flurry of...
View ArticlePremier Foods boss Michael Clarke quits
Hovis and Oxo owner Premier Foods saw its shares tumble 12 per cent yesterday as chief executive Michael Clarke resigned after 18 months at the helm of the debt-laden group.Clarke joined in August 2011...
View Articlenew hotel jobs
BUDGET hotel chain Travelodge is to create 420 jobs and open 14 hotels this year.The company said it was investing £223 million before the end of 2013, creating 371 jobs in England and Spain. Another...
View ArticleMarkets: Financials see FTSE make fresh gains
FINANCIAL stocks were in demand yesterday as a broker upgrade for banks and a report that life insurers will target booming Asia helped the London market build on this year’s highs. The FTSE 100...
View ArticleBowleven hits ‘potential’ oil off Africa
SHARES in Bowleven closed up nearly 7 per cent last night after the Edinburgh-based explorer made a “potential” oil discovery off the coast of Cameroon.The Aim-quoted driller said the initial test...
View ArticleJohn Swan & Sons hit by wet weather and eurozone
LIVESTOCK auctioneer John Swan & Sons slumped to a half-year loss after being hit by the wet weather and a downturn in demand for lamb caused by the debt crisis in southern Europe.The Aim-quoted...
View ArticleMenzies welcomes Gatwick director Paula Bell on board
Airport services and distribution firm John Menzies has hired a former Gatwick director to replace long-serving finance chief Paul Dollman.Paula Bell will join the Edinburgh-based company as finance...
View ArticleBusiness news in brief: Social Investment Scotland | BrewDog | Carillion
BUSINESS veteran Nick Kuenssberg has been named as chairman of Social Investment Scotland (SIS), the body set up in 2001 to lend cash to charities.Kuenssberg – who has sat on the boards of Bank of...
View ArticleUS growth stalls but recessionary fears dampened
Analysts yesterday played down the prospect of the world’s biggest economy heading back into recession.An initial forecast showed the United States’ economy unexpectedly shrank in the fourth quarter,...
View ArticleGrim times ahead as 25 Scots firms go under every week
EXPERTS last night warned of “grim” times ahead for Scotland’s businesses after official figures revealed that the number of companies going bust last year hit its second-highest ever level.Nearly 25...
View ArticleFanDuel taps investors for £7m as it ramps up products and headcount
A SCOTTISH “fantasy sports” game company has secured a bumper $11 million (£7m) funding package to expand its product range and talent pool.Edinburgh-based FanDuel raised its latest round of financing...
View ArticleUmbrella organisation: New centre for copyright study
GLASGOW University will launch a £6.7 million centre today to study how businesses can protect their copyright in the age of the internet.The Centre for Creativity, Regulation, Enterprise &...
View ArticlePirc warns Tui not to use PwC
INVESTOR advisory body Pirc has come out strongly against the reappointment of auditor PwC ahead of Tui Travel’s annual general meeting next week.The group called for investors to vote against the...
View ArticleOil giant GDF Suez to move to new £16m Granite City headquarters
North Sea driller GDF Suez plans to relocate its fast-growing Aberdeen operation after agreeing a £16 million office deal – one of the city’s biggest for years.The French-owned business is expected to...
View ArticleHornby’s revival helped by Airfix and Corgi lines
Hornby yesterday hailed strong sales of its historic toy brands as the company battles back from supply chain problems and poor demand for 2012 London Olympics merchandise.The company said sales of its...
View Article