Author: Scott Dylan

Argent BioPharma has decided to exit the London Stock Exchange citing regulatory and cost concerns, impacting its market strategy.The company will maintain its presence on the Australian stock market to optimise resources and reduce complexities.Argent BioPharma’s share value plummeted drastically since its debut on the LSE, highlighting financial challenges.The decision aligns with a trend of tech firms delisting from the LSE amid similar concerns.Other companies, like Just Eat and OTAQ, are also shifting focus away from London listings.Argent BioPharma, a medical technology firm based in Subiaco, Western Australia, has announced its departure from the London Stock Exchange (LSE). The decision,…

UK retailers face challenges as footfall declines for two consecutive months.Sensormatic data indicates a 3.7% decrease in high street footfall in November.Other shopping locations also suffer drops, with retail parks and shopping centres seeing significant declines.Factors such as delayed Black Friday deals, Storm Bert, and low consumer confidence contribute to the decrease.Retailers remain hopeful for a reversal with upcoming festive sales and Black Friday events.UK retailers are facing a tough period, marked by a consistent decline in footfall for two months. Recent data from Sensormatic, analysed by the British Retail Consortium, reveals that high street footfall fell by 3.7% in…

Daniel Hulme, co-founder and CEO of Conscium, shares insights on the intersection of AI and consciousness.Conscium positions itself as a pioneer in applied AI consciousness research.Hulme advocates for obtaining expert advice as essential for new founders.He highlights common pitfalls among founders, particularly around equity and commitments.The company’s mission involves addressing significant misconceptions about AI.Daniel Hulme, the co-founder and CEO of Conscium, provides intriguing insights into the advancements and challenges in the realm of artificial intelligence and consciousness. Conscium, which claims to be the world’s first applied AI consciousness research organisation, is at the forefront of exploring these complex issues. This…

Kenji is gearing up for significant growth with its plushies and stationery ranges becoming increasingly recognisable across the UK.Former Clintons CEO Eddie Shepherd leads Kenji’s expansion plans, aiming to double its store numbers within a year.Kenji is investing £4m to open new stores in the UK and the Netherlands, aiming to enhance its presence.Store and product upgrades, including new categories, are central to Kenji’s strategy to stay competitive.Kenji introduces a loyalty scheme and plans to launch a gaming app to foster customer engagement.Kenji, a British retailer inspired by East Asian themes, is preparing to expand its presence across the UK…

The Very Group has faced increased financial difficulties, reporting notable losses.In the first quarter of fiscal year 2025, the company reported a pre-tax loss of £22.9 million.Operating profit dropped significantly by 35% year-on-year to £27.6 million.The group’s total revenue experienced a 4.9% decline, reaching £450.2 million.Despite these challenges, some segments showed resilience, with homeware sales rising by 2.8%.The Very Group has reported significant financial setbacks, reflecting broader economic challenges impacting the digital retail sector. The company, which manages brands such as Very and Littlewoods, announced a pre-tax loss of £22.9 million for the 13 weeks ending 28 September, a stark…

With Trump’s election victory, the tech sector faces both opportunities and challenges.Mark Zuckerberg congratulated Trump, highlighting potential opportunities for the country.Trump’s cabinet includes the owner of the tech platform X, sparking concerns in the tech industry.Elon Musk’s appointment as the head of the ‘Department of Government Efficiency’ brings uncertainty.Trump’s deregulation plans and pro-crypto cabinet choices pose significant risks for the tech sector.With the confirmation of Donald Trump’s election victory, the tech sector is poised at a crossroads, facing both potential advancements and looming challenges. Mark Zuckerberg, in his message on Threads, extended his congratulations to Trump, underscoring the idea of…

This week’s fashion industry witnessed significant leadership changes across several renowned brands, reflecting a dynamic shift in strategies.Luxury womenswear brand Joseph has welcomed Mario Arena as its new creative director, marking a strategic shift in creative leadership.Asda’s decision to appoint Allan Leighton as executive chair signals a return to familiar leadership dynamics, succeeding Lord Rose.Superdry’s financial management sees a change with Kim Zaheer stepping in as interim CFO, aligning with recent performance disclosures.The reshuffling within Boohoo’s board, amidst external criticism, highlights ongoing strategic positioning within the fashion sector.This week marks a pivotal moment for Joseph, a celebrated name in the…

The annual Christmas windows competition is now underway, inviting UK and Irish fashion independents to showcase their creative flair.Participants must submit at least three high-resolution images of their window displays by the deadline of 23 December.Notable early entries include The Dressing Room in St Albans, highlighting their festive occasionwear with innovative decorations.The competition builds on last year’s success, which saw creative displays that engaged local communities and celebrated festive themes.Entrants compete for a feature in Drapers’ first print edition of the new year, offering prestige and exposure.The much-anticipated Christmas windows competition has been launched, inviting fashion independents in the UK…

California health officials have once again raised alarms over the consumption of raw milk. This follows the detection of bird flu in a new batch from Raw Farm. Immediate action is advised.The state is actively testing additional Raw Farm milk products to ensure consumer safety. Caution remains paramount, following similar health alerts earlier this year. Vigilance is urged as the investigation unfolds.Detection of Bird Flu in Raw MilkA recall of raw milk from Fresno-based Raw Farm has been issued due to the detection of bird flu virus in the product. The affected batch includes quart and half-gallon sizes with a…

After a six-year pause, Waitrose has inaugurated a new convenience store in London, aiming for broader market reach.The Hampton Hill location marks the 47th Waitrose-operated store, emphasising expansion via partnerships.Collaboration with Welcome Break and Shell focuses on smaller, more accessible retail spaces.A continued partnership with delivery services reflects evolving consumer habits and expectations.Future openings are planned, with adaptability at the core of Waitrose’s retail strategy.Waitrose has launched its first convenience store in six years, signalling a significant step in its expansion strategy. The opening in Hampton Hill, southwest London, serves as the supermarket’s 47th convenience store, illustrating its commitment to…