News roundup—GO Outdoors, Flying Brands and more

News roundup—GO Outdoors, Flying Brands and more

A retailer that’s actually hiring more staff? Yup, outdoor gear merchant GO Outdoors, which sells via stores and the web, expects to create 1,000 jobs during the next three years, reports the South Yorkshire Star

Ouch! Sir Tom Hunter, whose West Coast Capital investment fund owns 29.9 per cent of Flying Brands, “slammed” the multititle mailer’s management team, according to The Independent, “for their inaccurate forecasts and threatened to become a ‘more active’ investor, following a profits warning from the home shopping group”.

All four of Royal Mail’s businesses-GLS, Parcelforce, the Post Office, and Royal Mail Letters-are in the black for the first time in almost 20 years, reports The Guardian, and despite a decline in mail volumes revenues for the first nine months of the fiscal year were up 3 per cent.

Yes, it’s another fawning article about fashion detailed ASOS, this time from The Times–but then again, the company did more than double its sales last year.


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