Author: Scott Dylan
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.
Vinted, the online marketplace, has successfully completed a secondary share sale, raising £282.96 million.This financial move, led by TPG, supports Vinted’s strategy to expand beyond second-hand clothing.The company’s valuation now stands at £4.16 billion, indicating strong market confidence.Investors include prominent funds such as Hedosophia and Baillie Gifford, reflecting diversified expertise.Vinted aims to venture into consumer electronics, books, and more, reinforcing its global second-hand market vision.Vinted, an established name in the second-hand clothing market, has made significant strides by closing a £282.96 million secondary share sale. This financial milestone was spearheaded by private equity firm TPG, reflecting robust backing for Vinted’s…
Gymshark is set to open a new pop-up hair salon and store called ‘Twists ‘n’ Sets’ in east London, marking a significant step in addressing hair care concerns in the fitness community.The temporary salon aims to bridge the gap between fitness and textured hair, celebrating Black History Month with this initiative.Located in Shoreditch, the salon will offer 1-2-1 hair appointments, express styling services, and a range of hair products and accessories.The initiative responds to research highlighting hair maintenance as a barrier for 45% of black women in maintaining a gym routine.Appointments have sold out quickly, indicating high interest and demand…
John Lewis has entered into a partnership with Made.com, owned by Next, heralding a significant new venture in furniture retail.The collaboration will debut with Made.com’s first London showroom in John Lewis’ flagship store on Oxford Street.Following the showroom launch, Made.com products will also be available on John Lewis’ website and more store concessions are planned.This move is part of John Lewis’ broader strategy to enhance its retail offerings following a £6.5 million upgrade of the Oxford Street site.John Lewis executive director Peter Ruis emphasises the investment in quality and service as key to customer satisfaction.John Lewis has engaged in a…
Holland & Barrett is set to significantly boost its presence in the UK by opening up to 50 new stores in 2025.This expansion follows a strategic investment that included 35 new openings and 280 refurbishments this year.The retailer aims to enhance accessibility through standalone stores and innovative retail formats.Partnerships with major retailers such as Tesco and Next will support this growth strategy.Holland & Barrett’s concessions in retail parks are a key part of its expansion plans.Holland & Barrett is making strides to expand its footprint across the UK by planning to open up to 50 new stores in the coming…
The Foschini Group (TFG) has acquired White Stuff, a significant move in its brand expansion strategy.TFG plans to retain White Stuff’s senior leadership, including CEO Jo Jenkins, and all current employees.White Stuff founders George Treves and Sean Thomas will exit the board post-acquisition.The acquisition, termed a milestone by TFG, is backed by a newly refinanced debt facility.TFG aims to enhance White Stuff’s brand presence and online growth, supporting its expansion strategy.The Foschini Group (TFG) expands its fashion portfolio by acquiring White Stuff, marking a strategic move to include lifestyle and menswear brands. The acquisition underscores TFG’s intent to diversify its…
John Lewis unveils its enhanced Oxford Street store, infused with new energy after a £6.5m investment.The flagship will trial innovative concepts as part of a broader £800m revamp across its estate.A significant expansion of the beauty department introduces 175 brands and private treatment rooms.Fashion collaborations introduce high-end collections, boosting John Lewis’s style credentials.Revamped home, electronics, and culinary sections redefine customer experience at the upgraded store.John Lewis has unveiled its revamped Oxford Street flagship, revitalising every floor following a £6.5m investment. Executive Director Peter Ruis highlights the renewed “buzz” in the store, poised as a testing ground for innovative concepts ahead…
The innovative move by M&S aims to streamline the shopping experience by integrating self-checkouts into changing rooms, reducing the need for additional queues.M&S has announced plans to implement this technology across more than 100 stores by early 2028.Sacha Berendji, the operations director, emphasised the effort to enhance customer convenience and choice in the shopping journey.Concerns about potential shoplifting have been addressed, with provisions for staff oversight.The overall store revamp includes improvements to home, food, and clothing ranges.M&S, a major player in both the food and fashion sectors, is embarking on a significant technological upgrade by integrating self-checkouts directly into the…
The recent acquisition of FatFace by Next impacted its financial performance.FatFace reported significant pre-tax losses after prioritising profit over sales.The acquisition led to exceptional costs of £7.9 million, affecting profits.Sales figures showed FatFace’s continued market presence despite financial challenges.Stakeholders remain focused on strengthening FatFace’s customer engagement.FatFace, a well-known fashion retailer, experienced a notable financial downturn following its acquisition by Next in October 2023. The company reported a pre-tax loss of £3.2 million for the 35 weeks ending on 27 January, a significant shift from the £19.5 million profit noted in the previous year. Despite a strategic focus on profitability rather…
Recent findings reveal significant dissatisfactions with major UK parcel services.Ofcom’s report highlights Evri as the least satisfactory delivery firm in the UK.44% of Evri’s customers faced delivery issues in the past six months.Yodel is also under scrutiny, ranking just above Evri with low customer satisfaction.Amazon and DHL emerge as leaders in handling customer complaints.In recent evaluations, Evri and Yodel have come under fire for their subpar performance in customer service within the UK parcel delivery sector. According to Ofcom’s latest report, Evri, formerly known as Hermes, is at the bottom of the rankings, with a staggering 44% of its customers…
Lindt is preparing to open a flagship store in central London next spring, a first for the UK.The store will be located under the iconic Piccadilly lights, attracting numerous visitors each year.Lindt aims to offer a unique chocolate experience and strengthen its presence in the UK market.Officials highlight the strategic choice of location as a top destination for high foot traffic.Further details on this significant development are anticipated as the opening approaches.Lindt, the renowned chocolatier, is on the brink of unveiling a flagship store in central London, setting the stage for a new chapter in the UK market. Set to…
