By Howard MustoeBusiness reporter media captionMonaco, models and money who is retail mogul Sir Philip Green? Sir Philip Green’s retail empire Arcadia, which includes Topshop, Burton and Dorothy Perkins, is understood to be on the brink of collapse. Sir Philip had been in talks with potential lenders about borrowing 30m to help the business through…
Effective talent management has never been more important than in such turbulent times when business restructuring has accelerated. The coronavirus pandemic has not only brought about a deep, global economic recession, it has also forced significant numbers of organisations to shift their business models, working practices and routes to market almost overnight. Companies have embraced…
Business Planet heads to Brittany, France, to see how one baker is making dough again after he was forced to close his boulangerie in Paris. For those companies going through the COVID mill right now, Ollivier Christiens story is proof that it is always possible to bounce back in business. The baker runs a successful…
A woman whose husband had run up gambling debts was brought to Britain and forced to work as a prostitute by a married couple who ran a trafficking ring in upmarket areas of London. Wai Tsang, 52, and Wenwen Pan, 40, known as Big Brother and Mimi, threatened their victims with violence and told one…
When experienced finance leader Amrish Shah worked at Unilever, he faced the task of restructuring its central European ice cream business due to rapidly melting profits. Some companies may have concentrated only on cutting costs in such a perilous situation. But a cost-only focus would never have sufficed as it risked weak commitment or even…
Star toasts 35 years on the Gold Coast The Star Gold Coast celebrated a milestone this week, its 35th anniversary since opening on November 23, 1985. Originally called The Conrad Jupiters Casino and Resort, the establishment was renamed Jupiters Casino in 2010 before changing to The Star Gold Coast in 2017. During the past three…
By Reuters Staff 1 Min Read (Reuters) – Bodycote Plc said on Thursday it would carry out another restructuring, similar to the one in the first half that included more than 900 job cuts, as it expects the civil aerospace market to remain weak for at least the next 18 months. The heat treatment and…
Controversial Sydney businessman Salim Mehajer is back behind bars after his bail was revoked ahead of a sentence hearing for perverting the course of justice. The 34-year-old was found guilty at a judge-alone trial in October and on Friday faced a detention application in the NSW District Court. Judge Peter Zahra refused bail for the…
SEBASTIAN SHAKESPEARE: Former Tory party treasurer Lord Magan – who lived a dazzling opulent life and was once said to be worth 200m – is declared bankrupt By Sebastian Shakespeare for the Daily Mail Published: 11:49 AEDT, 27 November 2020 | Updated: 12:03 AEDT, 27 November 2020 View comments After a successful financial career, he…