Consumer

Hospitality Sector’s Call for Ending 10 PM Curfew Gain Momentum with...

Summary The latest data has revealed that just 1 per cent of the hospitality sites throughout the UK have been linked to NHS Test and Trace occurre...

Recent Business Updates on Two LSE Listed Players - Whitbread Plc &...

Summary Whitbread's revenues plunged by 76.9% year on year in H1 FY21 Company is focusing on expansion in Germany, added 13 hotels in H1 FY21. Pl...

EasyJet Sells Aircraft To Help It Through The Winter

Summary EasyJet has announced the sale and leaseback of nine of its aircrafts The step has been undertaken to strengthen its financial and liquidi...

Aston Martin Gets A Fresh Lease of Life With £1.3 Billion Of New Inv...

Summary Aston Martin has announced a refinancing package worth £3 billion, with Mercedes- AMG increasing its stake to 20 per cent in the firm...

 UK Hotel Industry to Remain Under Stress Till 2024, Says PwC

Summary UK’s hotel and hospitality sector will not be the same as it was in 2019, at least not before 2021 as per a PwC report London-based...

How are these two FTSE listed consumer stocks performing: Greencore...

Summary Greencore Plc's revenue for FY 2020 declined by 14% year on year. It has incurred a loss of £10 million due to Covid-19 outbreak. D...

British Airways Owner IAG Reduces Flights with Loss Mounting To €1.3...

Summary IAG has announced it Q3 2020 results, reporting a decline in revenue and incurring of operational loss The industry body of the airline se...

William Hill To Return £25 Million Of Furlough Cash

Summary Bookmaker William Hill plans to return £24.5 million of government support taken through JRS As of now most of the stores of the com...

Unilever posts growth in sales for Q3 2020

Summary Due to continued rise in the online shopping, Unilever’s e-commerce business grew rapidly. There has been a growth in emerging as we...

 Reckitt Benckiser Group plc (LON: RB) posts a strong Q3 performance

Summary The company posted a very strong revenue for the third quarter of 2020, registering a growth of 6.9 per cent on a y-o-y basis Of the three...

How are the New Covid-19 Restrictions Going to Pan out on Two Bettin...

Summary GVC Holdings reported net revenue growth of 26% in Q3 2020. Strong contribution from the Online and Retail business witnessed during the p...

Reckitt Benckiser Group & PZ Cussons: Two Consumer Goods Players Tre...

Summary Reckitt Benckiser Group's net revenue grew by 13.3% on a like for like basis in Q3 FY20. The performance was driven by demand for health an...

Will IAG and EasyJet (LON: EZJ) shares crash again amid surging Covi...

Summary The shares of IAG and EasyJet once again took a hit in the wake of the recent rise in Covid-19 infections. On 20 October, the first UK tes...

Housebuilders Barratt, Persimmon Report Strong Sales Aided by Stamp...

Summary Stamp duty holiday seems to have helped Barratt’s with over 20 per cent increase in sales rate Barratt’s number of home comple...

Ryanair Announces Winter Flights Reduction; Industry Remain Apprehen...

Summary Ryanair, in its winter schedule (Nov - Mar) has taken its capacity down from 60 per cent to 40 per cent of the prior year Ryanair plans to...

Online sales a game-changer for these two LSE stocks: Dunelm Group &...

Summary Dunelm Group reported sales of £359.1 million in Q1 FY21, which grew by 36.7% year on year. The digital sales share was 29.7% of the...

Performance Review of Two Consumer Stocks: ASOS PLC & French Connect...

Summary ASOS PLC reported sales of £3,263.5 million for FY20. The sales increased by 19% year on year. The performance was supported by impr...

Elon Musk Tweets Tesla to Release ‘Full Self-Driving’ Beta On 20 Oct...

Summary Tesla would unveil 'Full Self-Driving' beta version variant next week. During its Battery Day event in September, Elon Musk had said that...

Rank Group, William Hill, And Flutter Entertainment- How Are These U...

Summary Rank Group, William Hill, and Flutter Entertainment have been positioning themselves in recent years to make the most out of the growing sp...

Carnival’s Revenue almost Erode in Q3 2020, First Half Next Year loo...

The dual-listed cruise company, Carnival Plc and Corporation (LON: CCL) released its third quarter (Q3) earnings report on 8 October 2020. The company...