Findel may have to reduce last year’s profit
before tax by £5 million and benchmark profit by £5
million, after finding a number of accounting entries within its
education division that are not “properly
substantiated”. As a consequence, net assets are expected
to reduce by £14 million as at 3 April 2009.
Victoria Stapleton, the founder of the Brora
catalogue, talks to the Guardian about rising cashmere prices,
Scotland, and hawking salmon sandwiches at the Badminton horse
show as a child.
HMV will start selling apparel at its stores,
reports the Telegraph.
Also from the Telegraph-after winning Veuve Clicquot’s
Businesswoman of the Year award, Laura Tenison talks about her
Welsh hometown of Newport and why she set up shop there. The
article also notes how her business, nursery catalogue
JoJo Maman Bebe, continued trading during the
recent recession despite the bank shutting down its overdraft
facility.
Ocado is planning to open a new warehouse and
create more than 2,000 jobs, writes the Guardian.
The Telegraph interviews Brent Hoberman, founder
of Lastminute.com and
MyDeco.com. Choice quote from Hoberman:
“We need a culture of failure. It’s very important that we
work out how we’re going to get over that so people can try stuff
and fail and get up and try again and have no
stigma.”
Share