"We thank you for being a part of our story, and hope to meet again", says the Made website, after the company announced its closure. Although Made struggled to secure a buyer, Next agreed to buy its brand name, website and intellectual property for £3.4m. However, it is not going to buy the remaining stock. […]
The American lingerie, clothing and beauty retailer, which is famous for its annual fashion shows, has 25 shops in the UK - all of which have been closed since the beginning of lockdown in March. Administrator Deloitte has said that there won't be any immediate redundancies whilst it tries to find a buyer for the chain. […]
The global COVID-19 pandemic has led to businesses facing significant and unprecedented challenges. As the lockdown restrictions begin to be relaxed, some companies may struggle to recover, finding that the damage done to their finances and the daily ongoing struggle to control cash flow is just too much for the business to continue.
Partha Goswami, CEO of OOSTOR.com, discusses the current High Street crisis. Online shopping has grown massively within the last ten years, with more and more consumers opting to update their homes, wardrobes and pick up gifts from the comfort of their own homes. This digital uprising has obviously had a huge impact on the […]
How much of your company time is wasted on friction full processes, day to day admin, and complicated forms and emails? Here Richard Hurwitz, Tungsten Network’s CEO, provides CEO Today with three useful strategies for eliminating such friction. Many of us are all too familiar with the impact that time-consuming administrative tasks can have on […]
Sage research has found that small businesses are spending an average of 120 working hours a year on administrative tasks. It revealed that an average of 5.6% of staff time in each UK-based small business is used doing back-office tasks, because firms do not have sufficient systems to deal with them. It also unveiled that if […]
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