Author: Scott Dylan

Scott Dylan is an accomplished entrepreneur, investor, and philanthropist, best known as the co-founder of Inc & Co and founder of NexaTech Ventures. With a focus on rescuing distressed businesses and supporting AI and tech startups, Scott’s expertise spans multiple sectors including technology, retail, and logistics. A passionate mental health advocate, drawing from his experience with Complex PTSD, Scott frequently writes about business transformation, AI integration, and leadership. Outside of work, he enjoys travelling, music, and spending time with his partner Gareth.

Nike, once a dominant force in sportswear, now faces challenges.The company announced plans to cut 1,600 jobs aiming to save £1.6bn.Shares dropped 20% in response to underwhelming fourth-quarter sales.Competition from brands like On and Hoka has impacted Nike’s market share.Nike plans to return to its roots with innovative strategies for recovery.Nike has historically led the sportswear market with its innovative products and expansive global presence, but recent trends indicate a decline in its industry dominance. The company recently unveiled plans to cut 1,600 jobs, aiming to save £1.6bn over three years as a response to declining sales figures. In his…

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Boxing Day saw a notable drop in shopper numbers as major retail outlets remained closed, impacting footfall statistics.Overall Boxing Day footfall decreased by 7.6% compared to the previous year, with high street figures falling by 9.6%.Retail parks and shopping centres were also affected, witnessing declines of 6.1% and 5.1% respectively by 8pm.Coastal towns faced the steepest decline with a 20% drop in shopper numbers, while central London saw a reduction of 7.6%.Increased online shopping activity was reported, with early sales launching on Christmas Day, offering shoppers digital bargains.On Boxing Day, there was a conspicuous reduction in footfall as several prominent…

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Seasalt is preparing to open additional stores in the US as part of its expansion strategy.The first US store in Falmouth, Massachusetts, exceeded expectations with a 140% higher spend than UK stores.New stores are scheduled to open in Shrewsbury, New Jersey, and Portsmouth, New Hampshire, in early 2025.Seasalt plans further expansion along the US East Coast, with locations yet to be disclosed.The retailer is enhancing its wholesale presence with Nordstrom, featuring a full array of women’s wear.Seasalt is making significant strides in its international growth, particularly in the United States. After a successful debut in Falmouth, Massachusetts, where average customer…

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John Lewis is rejuvenating its famed ‘Never Knowingly Undersold’ promise, two years after its discontinuation.This initiative marks a strategic move under the new leadership of Peter Ruis, aimed at reinstating John Lewis’s unique market position.The revised promise incorporates cutting-edge AI technology to ensure competitive pricing against 25 major retailers, including online platforms.A robust marketing campaign and comprehensive store improvements are underway to support this relaunch.The retailer is investing significantly in technology and staff to enhance service delivery and operational efficiency.John Lewis has reinstated its popular ‘Never Knowingly Undersold’ price promise, a move spearheaded by newly appointed Executive Director Peter Ruis.…

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The UK tech industry in 2024 was marked by significant developments in various sectors.Poppy Gustafsson of Darktrace has been named the UK investment minister.Zopa secured £68 million in funding, preceding its current account launch.Starling Bank’s decision to close a tech founder’s account raised eyebrows in the startup community.Professor Dame Wendy Hall cautioned against a ‘tech bro takeover’ in AI policymaking.The year 2024 has seen substantial movements in the UK technological sphere, underscoring its dynamic nature and influence. One of the most notable appointments was that of Poppy Gustafsson, CEO of cybersecurity firm Darktrace, who has taken over as the UK…

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Finding peace amidst the constant noise about food and body image has been a challenge. Many struggle with societal pressures that dictate standards of beauty and health. Letting go of food guilt became a personal goal. Here, the focus is on creating peace by redefining perceptions and building a supportive environment.Cultural norms around food and body image often lead to feelings of inadequacy. To combat this, it’s essential to voice internal struggles and seek supportive networks. The journey involves crafting responses to societal pressures and redefining self-perception. This narrative shares one individual’s path to embracing imperfection and achieving peace.Confronting Inner…

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Preparing for family gatherings can be stressful, especially if you anticipate rude remarks or probing questions. Experts suggest that setting boundaries early on can alleviate some of this stress. A proactive approach can make interactions smoother, even when conversations take a challenging turn.Instead of reacting emotionally, plan your responses to potential triggers. Understanding your own needs and limits is key to handling difficult dialogues. This article explores expert advice on managing such situations, ensuring you maintain your composure and focus on enjoying your time with loved ones.Planning Ahead for Family GatheringsBegin by identifying situations or comments that might upset you.…

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Fortnum & Mason customers may face delays receiving their festive hampers this Christmas.High demand and staffing issues are causing potential delivery interruptions.Caps have been placed on orders to manage the high volume during the holidays.Customer service lines are experiencing increased wait times due to these challenges.Efforts are being made to resolve the issues and fulfill existing orders promptly.Fortnum & Mason has informed its clientele about the likelihood of delays in the delivery of their much-anticipated Christmas hampers, attributed primarily to staffing challenges at a newly established distribution centre. In light of the high demand for these luxury items, the company…

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The recent bird flu outbreak has exposed critical weaknesses in the U.S. response system. From initial detection delays to inadequate protective measures, the situation underscores the need for reform.Farmers and health officials faced a complex challenge as the virus spread. The influence of agricultural practices and public health systems’ readiness were put to the test, revealing stark gaps that require attention.A Slow StartThe outbreak began quietly, likely initiated by a wild bird. Despite early signs in Texas, the response from authorities was sluggish. It took months for veterinary researchers to identify H5N1 as the culprit. This delay allowed the virus…

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With the holiday season in full swing, many of us find ourselves at festive gatherings filled with an abundance of alcohol. While enjoying a drink or two might seem harmless, it’s crucial to recognise the potential risks of excessive consumption. But how much is too much? Dr. Leana Wen provides insights into maintaining responsible drinking habits during the holiday festivities.Throughout this article, we delve into the recommended alcohol limits according to health guidelines and explore the potential dangers associated with overindulgence. We will also discuss the concept of binge drinking, its health implications, and offer practical advice for those looking…

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