Sixteen employees have been made redundant at Flying
Brands following the closure of its growing and live
despatch business. Last month, Flying Brands divested its last
remaining retail business-Gardening Direct-to
Jersey Choice, a direct seller of plants, seeds
and gardening accessories. In a statement, Flying Brands said it
was in “advanced negotiations” with Jersey Choice in
connection with the proposed lease of the greenhouses and
despatch centre at its Retreat Farm property and
“anticipates that a lease will be concluded in the near
future”. The company is now considering “strategic
options” for the future of the company and the long-term
value for its shareholders.
As the rain deterred shoppers from the high street, it drove them
online. Next Directory, the online and mail
order arm of retailer Next, saw sales soar 13.3
per cent in the 26 weeks to 28th July, contributing to an overall
increase of Next brand sales of 4.5 per cent year-on-year. The
rise is at the top of estimates, leading next to revise its
profit projections for the full year from £560 million to
£610 million, to £575 million to £620 million.
Theo Paphitis has strengthened his senior management team across
the Ryman, Boux Avenue and
newly acquired Robert Dyas brands. Richard
Bennett joins as chief operating officer for Ryman having
previously worked for Spar as retail director.
Nadine Jones joins as group HR director, responsible for the
recruitment and development of the workforce across Ryman, Boux
Avenue and Robert Dyas. Jones joins from jeweller Links
of London and prior to that held roles at Baugur
Group, Austin Reed Group and
Asda.
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