Author: Scott Dylan
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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.
Next has successfully acquired the intellectual property of Cath Kidston, implementing a £8.5 million pre-pack deal.The acquisition includes Cath Kidston’s brand and domain names, with plans for a potential upcoming relaunch under Next’s ownership.Cath Kidston’s current stores will remain operational temporarily, as stock is cleared before eventual closures.Zelf Hussain and Rachael Wilkinson from PwC have been appointed as joint administrators, overseeing the transition.Challenges faced by Cath Kidston included market difficulties, pandemic impacts, and declining consumer spending.Fashion retailer Next has finalised an £8.5 million agreement to acquire Cath Kidston’s intellectual property, following the latter’s entry into administration. This acquisition covers the…
A significant transition has occurred within ‘In The Style’ as founder Adam Frisby steps down following the sale of the business.The company was sold to Baaj Capital, a UK-based private equity firm, in a transaction valued at £1.2 million.Several key board members, including non-executive directors, have also resigned amid these changes.The company’s transformation includes a name change to Itsum plc, marking its shift as a cash shell.Shareholders approved the sale with a 58.92% majority vote, establishing new leadership under a revised board.In a notable industry shift, Adam Frisby, the founder of ‘In The Style’, has officially resigned from the company’s…
Sainsbury’s has taken a significant step towards sustainability with its new packaging solution. The supermarket giant is now offering laundry detergent in cardboard cartons. This move reduces plastic usage by 22 tonnes annually across its stores. The packaging is part of Sainsbury’s broader environmental strategy. The initiative demonstrates a commitment to sustainable practices and reducing carbon emissions.Sainsbury’s marks a pioneering shift in the UK grocery sector by introducing its own-brand liquid laundry detergent in 750ml cardboard cartons. This novel packaging approach aims to significantly cut down plastic waste, with the supermarket chain estimating a reduction of 22 tonnes of plastic…
A significant rise in food poverty has prompted 80% of the UK public to urge the government to extend free school meals to children in households receiving Universal Credit.A YouGov poll commissioned by The Food Foundation highlights increased public support for extending free school meals, rising from 72% to 80% in a year.As of January 2023, food insecurity has affected 21.6% of households with children, doubling from the previous year’s 11.6%.Support is particularly strong in key marginal Conservative constituencies, potentially influencing future electoral outcomes.Devolved nations such as Scotland and Wales are ahead of England in implementing universal free school meals…
Grocery price inflation in the UK reached a record high of 17.1% in the four weeks leading up to 19 February.The rise in inflation is regarded as the highest ever recorded by renowned research firm Kantar.Overall take-home grocery sales saw an increase during the observed period, suggesting shifts in consumer purchasing habits.Economic pressures, including rising inflation, are having significant effects on consumer spending behaviour and financial perception.Kantar reports Valentine’s Day celebrations shifted towards more economical practices, reflecting the ongoing cost-of-living challenges.In a notable development, grocery price inflation in the UK surged to 17.1% for the four weeks ending 19th February,…
Sometimes, the simplest tools can provide the most effective workouts. This quick total-body routine incorporates just a paper plate, highlighting its unexpected challenge to your stability and core.Designed by a renowned mobility coach, this series of exercises guarantees a comprehensive workout without the need for elaborate gym equipment. Let’s delve into the details and discover how a humble household item can transform your fitness regime.Why Use a Paper Plate?Using a paper plate might sound unconventional, but its instability is its strength. This instability engages your core muscles more than traditional workouts, providing a tougher challenge. By attempting to balance and…
House of Fraser has repurposed its Birmingham Corporation Street store, previously known as Rackhams, into an outlet.Top three floors of the once grand department store have been shuttered permanently.A blanket 20% discount across all items accompanies the store’s transformation, as all stock is targeted for clearance.Portable heaters installed on lower floors to ensure customer comfort in the reduced space.Previously separate clothing and footwear departments have been consolidated on the ground floor.House of Fraser has redefined its retail strategy by converting its former Rackhams site on Corporation Street, Birmingham, into an outlet store. This strategic pivot is characterised by the permanent…
Choosing the right weight for your workout can be a perplexing task. If you’re struggling, it might not be a question of weakness but rather of using the wrong weights.Using weights that are too heavy or too light can impede your progress and increase the risk of injury. Here’s a guide to help you make the right choice for effective workouts.Determining the appropriate weight to use starts with understanding your current strength levels. It’s essential to begin with lighter weights to master the correct form and minimise the risk of injury. As your strength improves, progressively increase the weight to…
Wireless charging offers unmatched convenience, particularly when magnets are involved. For iPhone users, Qi2 chargers present a cost-effective and versatile alternative to MagSafe-certified options.Whether you own an iPhone 12 or a newer model, selecting an appropriate charger is essential. This guide delves into the top Qi2 and MagSafe chargers available, discussing their benefits and ideal use cases.Wireless charging is undeniably convenient, especially when enhanced with magnets. Qi2-certified chargers provide a charging speed of up to 15W for MagSafe iPhones, except the iPhone 16, which can charge at up to 25W with select chargers. Notably, Qi2 chargers are generally more affordable…
John Lewis Partnership has initiated a £500m joint venture with Abrdn, marking a significant move in the housing market.This alliance aims to develop around 10,000 residential properties in London and Reading.The project includes repurposing sites in Bromley, West Ealing, and Reading.John Lewis seeks to diversify its portfolio beyond retail by targeting 40% non-retail profits by 2030.The initiative underscores a commitment to quality housing with superior service and facilities.John Lewis Partnership has embarked on a transformative £500m joint venture with investment firm Abrdn, a move set to deliver approximately 10,000 new homes in strategic locations across London and Reading. This venture…
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