QUIZ: Who’s your leadership idol – which big business boss is your management style most like?

first_img More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org Share Show Comments ▼ Emma Haslett Do you Lean In or would you rather have a Four-Hour Work Week? Is your management style more Facebook founder Mark Zuckerberg or Burberry cool cat Christopher Bailey? Or would you rather just flash the cash like Bob Diamond? With all those confusing leadership “gurus” touting management different styles, deciding what kind of role model you want to be can be a tricky business. But never fear! City A.M. has done the hard work so you don’t have to – just take our handy quiz to find out who your leadership idol is.  You may not have been made chief executive quite yet – but it always helps to plan ahead…[quiz id=”10″] whatsapp Tags: NULL QUIZ: Who’s your leadership idol – which big business boss is your management style most like? whatsapp Friday 31 October 2014 12:02 pmlast_img read more

RBS slapped with higher-than-expected £56m fine for 2012 IT glitch

first_imgThe Royal Bank of Scotland (RBS) has agreed a £56m settlement with financial regulators for an IT system failure in June 2012 – £6m more than the £50m penalty analysts had expected. The glitch, which began during a software upgrade to the bank’s payment processing system, left over six million of its customers unable to access their accounts. Wages, payments and other transactions would not go through, with some customers being unable to withdraw cash from ATMs or see their own bank account details. Others faced fines for late payment of bills because the system could not process direct debits. Then-chief executive Stephen Hester apologised, but denied claims the problem was the result of IT services being outsourced to India.  “There was a software change which didn’t go right and although that itself was put right quickly, there then was a big backlog of things that had to be reprocessed in sequence, which is why on Thursday and Friday customers experienced difficulty,” he said. It was mostly retail clients affected by the system failure, and the bank, which owns NatWest and Ulster Bank among others, put aside £125m for possible compensation payments that could follow.  The fine being imposed on the bank is a combination of £42m demanded by the Financial Conduct Authority (FCA), and £14m by the Prudential Regulation Authority.  According to Tracey McDermott, director of enforcement and financial crime at the FCA, the problems arose due to “failures at many levels within the RBS Group to identify and manage the risks which can flow from disruptive IT incidents”.  “We expect all firms to focus on how they ensure that they can meet the requirements of their customers when looking at their IT strategies and policies,” she added. The fine is on top of the £217m penalty the bank is already being made to pay the FCA for its role in the forex rigging scandal.  Philip Hampton, the bank’s chairman, said: Our IT failure in the summer of 2012 revealed unacceptable weaknesses in our systems and caused significant stress for many of our customers. As I did back then, I again want to apologise to all customers in the UK and Ireland that we let down two and a half years ago. I am confident that the progress we have made – in increasing the resilience of our IT systems through the additional investment of hundreds of millions of pounds and the enhancement of our control structures – has made RBS better able to provide the service our customers expect and deserve. I am also pleased that the regulator acknowledged the steps we took at the time to provide redress to anyone who had lost out as a result of our mistakes.  whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeDirectHealthyGwen Stefani, 51, Takes off Makeup, Leaves Us With No WordsDirectHealthyTop Tech TodayTop Selling AC In Scottsdale Refrigerates Rooms In MinutesTop Tech TodayGloriousaOctomom’s Kids Are All Grown Up. Here’s How They Turned OutGloriousaHigh TallyA Staff Was Insulting To This Man, But When She Saw Him The Day After, She Regretted ItHigh TallyDaily Finance StoriesRemember Monica Lewinsky? Take A Look At Her Net Worth At Age 47Daily Finance StoriesPets DetectiveExperts Discover Girl Born From Two Different SpeciesPets DetectiveFinancial ThreadHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeFinancial ThreadMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Weekzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.com Share whatsapp Sarah Spickernell Show Comments ▼ Thursday 20 November 2014 2:38 am RBS slapped with higher-than-expected £56m fine for 2012 IT glitch Tags: Company Royal Bank of Scotland Grouplast_img read more

Wages set to rise at last as the number of vacancies outstrips volume of jobseekers

first_imgMonday 24 November 2014 8:48 pm Britain’s recovery has pulled so many unemployed workers into jobs that there are now more vacancies than jobseekers, for the first time since the financial crisis struck, jobs website Adzuna said today.As a result, employers are in­creas­ing the wages on offer to new staff, and the Institute for Fiscal Studies (IFS) expects pay rises to outstrip inflation over the coming years.Adzuna found 936,596 advertised vacancies in October, up 3.4 per cent on the month and up 25.1 per cent on the year. By contrast, the number of registered jobseekers fell from 924,315 in September to 887,771 in October.At the same time, the average advertised salary has risen 4.3 per cent, outstripping the 1.3 per cent price rise over the year.Graduate salaries are up 15.7 per cent on the year, followed 10.4 per cent for manufacturing and 10.2 per cent in IT.In the economy overall, the IFS expects modest real pay rises over the coming year.“Our projections show that median income is likely to have fallen again relative to CPI in 2013-14, but might now be growing [slowly] in real terms,” said the IFA analysts.“This means that we expect median household income in 2015-16 to be roughly where it was in 2010-11 [after adjusting for CPI inflation], though still about three per cent below its 2007-08 level.” whatsapp Share Show Comments ▼ Wages set to rise at last as the number of vacancies outstrips volume of jobseekers whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Tim Wallace Tags: employment and wages UK jobslast_img read more

Ladbrokes CEO Richard Glynn to step down next year

first_img Ladbrokes CEO Richard Glynn to step down next year Tags: NULL whatsapp whatsapp Bookmaker Ladbrokes has announced that chief executive Richard Glynn will step down next year after four years with the FTSE 250 company.Glynn took up the role in April 2010 with hopes to transform the business to adapt to the new developments in the gaming industry, particularly around digital services.  Peter Erskine, chairman of Ladbrokes, commented:Ladbrokes has been transformed and is a far stronger company as a result of his work.Richard Glynn said:It has been a privilege to lead Ladbrokes over this crucial phase. I am very proud of the resilience and professionalism the team has shown during this intense period of activity. It is the right time for Ladbrokes to identify my successor.Last month, Ladbrokes revealed that retail director Nick Rust will be leaving the company in 2015 to take up a new role as the chief executive of the British Horseracing Authority.Rust had been with the gaming company for three and a half years and there are no plans as of yet to replace him. Ladbrokes has had trouble keeping pace with rival bookie William Hill, especially in the growing online gambling market. Guy Bentley center_img Share Wednesday 3 December 2014 2:42 am Show Comments ▼last_img read more

ICAP merges its currency and bond trading platforms

first_imgThursday 4 December 2014 5:04 pm ICAP merges its currency and bond trading platforms Jessica Morris by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramHero Wars This game will keep you up all night! Hero Wars MoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementFungus EliminatorIf You Have Toenail Fungus Try This TonightFungus EliminatorThe Chef PickElisabeth Shue, 57, Sends Fans Wild As She Flaunts Age-Defying FigureThe Chef Pick Show Comments ▼ whatsapp Tags: Company ICAP whatsapp ICAP, the world’s largest interdealer broker, has said it will combine its currency trading platform EBS and its bond trading platform BrokerTec.The group has been hit by lower market volatility levels and increased regulation since the 2008 financial crisis, scuppering the flow of business from its banking clients in recent times.  It now wants to move away from electronic broking and into post-trade services.The combined business, which will be called EBS-BrokerTec, is going to be headed by the current chief executive of EBS Gil Mandelzos. ICAP chief executive Michael Spencer will be chairman.Seth Johnson will step down as the chief executive of BrokerTec but remains on ICAP’s Global Executive Management Group.Richard Kerschner, head of corporate development at EBS, has been appointed as the interim CEO of BrokerTec.Michael Spencer, Group Chief Executive Officer of ICAP, said:Our EBS and BrokerTec businesses are both world-leading electronic platforms that provide trading solutions across FX and fixed income products. Bringing EBS and BrokerTec together will allow us to deliver new products and reach new client segments. We have demonstrated that we are able to deliver successful new trading solutions with the launch of EBS Direct last year, which has experienced exceptional volume growth. We want to continue to expand our addressable market with the launch of innovative products into other asset classes.I look forward to working closely with Gil and the team in this exciting phase of growth.Last month ICAP said its profit before tax for the six months to September had fallen to £86m from £139m a year earlier. Sharelast_img read more

Greek economy in limbo after failed election bid

first_img Share Show Comments ▼ Express KCS Greek economy in limbo after failed election bid Greece’s economic stability was put in serious doubt last night as the ruling New Democracy party failed in its first attempt to have its presidential candidate elected.A failure to eventually do so will put at risk Greece’s negotiations with the IMF over an extension of its bailout loan.The ruling party’s candidate Stavros Dimas won 160 votes out of 300 – significantly below the 200 majority needed.Greek officials will now vote again on the 23 December when the majority required will be 200. Should a majority fail to be gained, a third vote will be held on 29 December in which the needed majority will be reduced to 180.If the presidential candidate cannot win the necessary majority on the third vote, the government will have to call a snap election.Syriza – an anti-austerity party – is currently leading polls but not by a huge amount. The gap has also been closing recently.Greek yields have risen substantially in recent weeks and have surpassed eight per cent while stocks in Athens have also plummeted.“Given its plans to cut taxes and reverse some of the recent cuts in government spending, it seems likely that markets will remain nervous about the threat of another debt restructuring and perhaps even the possibility of a Greek euro exit at some point in the future,” said Sarah Pemberton, economist at Capital Economics. Despite leading the polls, some analysts are optimistic the leading party will retain its place should a snap election occur next year.“Given the state of the most recent polls, a significant number of independents and Dimar MPs are at risk of not being re-elected, which could push them to support the government so that they can stay in the parliament until 2017 (when the next general elections occur),” said Francois Cabau, an economist at Barclays Wednesday 17 December 2014 8:50 pm whatsapp Tags: NULL whatsapp More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comlast_img read more

Bank stocks sink as European finance ministers prepare for Greece showdown

first_imgShares in Greek banks led a 3.5 per cent fall in the Athens Stock Exchange this morning, as European finance ministers from 19 countries prepared to meet in Brussels, with Greek finance minister Yanis Varoufakis expected to push to cancel Greece’s bailout deal.A bailout from the European Union and the International Monetary Fund expires at the end of February. Although it had been hoped Greece would extend the deal, new Prime Minister Alexis Tsipras has pledged not to, which could push it into default. Today’s meeting will take place hours after Tsipras won a confidence vote – including back from his right-wing coalition partner – on his plans to cancel the bailout programme. In a speech, he vowed Greece would not cave in to demands from its European neighbours.We are not negotiating the bailout, it was cancelled by its own failure…. I want to assure you that there is no going back. Greece cannot return to the era of bailouts.German finance minister Wolfgang Schaeuble, who will play a crucial part in today’s meetings, has taken a hard line against Tsipras’ plans, saying Greece must not renege on the bailout conditions set by the so-called “troika” of the European Union, the European Central Bank and the International Monetary Fund. Greece currently owes €320bn (£237bn), which equates to 174 per cent of its GDP.Yesterday Greek defence minister Panos Kammenos hinted that if his country failed to get an agreement from its Eurozone partners, it could turn to Russia or China for help. “It could be the United States at best, it could be Russia, it could be China or other countries,” he said. However, European leaders have low hopes of anything coming of the meeting, they have said.10-point planThis morning it was reported that Greece had drawn up a 10-point plan with measures which would replace 30 per cent of its bailout deal. According to the BBC, the plan includes bond swaps to reduce its debt mountain and a proposal to reduce its primary budget surplus target from three per cent this year to 1.49 per cent.  Emma Haslett Tags: Greek debt crisis whatsapp Wednesday 11 February 2015 5:22 am by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Weekzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comLivestlyThe Best Redhead Actresses, RankedLivestlyNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsLux & LushShe Hid Her True Identity All Her Life With MakeupLux & LushDefinitionThe Most Famous Movie Filmed In Every U.S. StateDefinition Share whatsapp Show Comments ▼ Bank stocks sink as European finance ministers prepare for Greece showdown last_img read more

Poundland share price falls as its biggest shareholder sells larger-than-expected stake after 99p Stores acquisition

first_img Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofChicken Bao: Delicious Recipes Worth CookingFamily Proof Poundland share price falls as its biggest shareholder sells larger-than-expected stake after 99p Stores acquisition whatsapp whatsapp Emma Haslett Show Comments ▼ Tags: Company Poundland Groupcenter_img Share Shares in Poundland slid 5.5 per cent to 393.9p this morning after Warburg Pincus, the discount retailer’s largest shareholder, sold off 10m more shares than originally planned, after its acquisition of 99p Stores last week.The investor said yesterday it was planning to sell of 25m shares (about £101m worth) – but this morning, it emerged it had actually offloaded 35m, netting £142m, thanks to “strong demand”. That means the company has almost halved its stake in the retailer, from 30.4 per cent to 16.4 per cent.Having flourished during the recession, Poundland has continued to be the darling of many high streets. Since it floated in March, shares have more than doubled from their listing price of 200p to 416p yesterday,They jumped again last week, when the retailer announced plans to acquire its arch-rival, 99p Stores for £55m. At the time, chief executive Jim McCarthy said the deal would “generate further value for Poundland’s shareholders” (not to mention a lot of loose change…). by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Weekzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldLivestlyThe Best Redhead Actresses, RankedLivestlyNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsLux & LushShe Hid Her True Identity All Her Life With MakeupLux & Lush Wednesday 11 February 2015 4:37 am last_img read more

Ukip attacks BBC over EU funds after stinging mockumentary

first_img More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org Ukip attacks BBC over EU funds after stinging mockumentary UKIP yesterday launched a stinging attack on the BBC ahead of what the party labelled a “pro-EU” mockumentary that was aired on BBC 4 last night.The Storyville programme “The Great European Disaster Movie”, authored by Italian director Annalisa Piras and ex-editor of The Economist Bill Emmott, envisions a dystopian post-EU future where rioting and the far right dominate the continent and Isis is on the borders of central Europe.In this fictional future Nigel Farage is the Prime Minister of “Great England” and is presiding over the deportation of all immigrants who arrived in the UK over the past decade.Ukip pointed out the Beeb had received £22m from the EU in the last seven years while Ukip MP Mark Reckless claimed Emmott told him the Corporation had received EU money to help make tonight’s film. The BBC replied that no EU money was used in the making of the “fictional” programme. Sunday 1 March 2015 10:49 pm Share whatsapp Express KCS center_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Weekzenherald.com20 Rules Genghis Khan’s Army Had To Live Byzenherald.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesWorldemandCanal Drained For First Time And They Find ThisWorldemandComedyAbandoned Submarines Floating Around the WorldComedyGameday NewsNBA Wife Turns Heads Wherever She GoesGameday NewsTheFashionBallPrince Harry Admits Meghan Markle May Not Be The OneTheFashionBallNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteabley Show Comments ▼ Tags: BBC whatsapp last_img read more

Zara owner to trim investment as sales jump

first_img Share whatsapp More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comConnecticut man dies after crashing Harley into live bearnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comWhy people are finding dryer sheets in their mailboxesnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com INDITEX, the Spanish owner of the Zara fashion chain, expects to trim investment in 2015 after a recovery in its biggest European markets, alongside a store and online expansion, boosted profit by five per cent.The clothing giant, which also owns Massimo Dutti, Bershka and Pull & Bear, said it expected capital expenditure to fall to about €1.35bn (£977m) this year, from €1.40bn last year.Chairman and chief executive Pablo Isla said he expected spending to remain below the rate of space growth in 2015 and 2016.Inditex has been one of Europe’s more robust retailers during the economic downturn because of its fast fashion business model, meaning it can quickly adapt styles to meet changing demand.It has made major investments in logistics and online platforms since it launched e-commerce in 2010. At the same time, it has slowed openings, closing smaller shops in favour of flagship sites.It has extended its headquarters to give more room for online teams at Zara and fast-growing Zara Home, as well as more space for pilot stores to test every aspect of its new looks, from window displays to the store layout. It will start Zara online in Taiwan, Hong Kong and Macau in 2015 and said it would open 420-480 new shops in 2015, absorbing 80-100 smaller units into other stores.Its 2014 net profit rose five per cent to €2.5bn and like-for-like sales rose five per cent, while overall sales rose eight per cent to €18.12bn, in line with forecasts. Wednesday 18 March 2015 9:19 pm Zara owner to trim investment as sales jump Express KCS center_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekForbesThese 10 Colleges Have Produced The Most Billionaire AlumniForbeszenherald.com20 Rules Genghis Khan’s Army Had To Live Byzenherald.comNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesComedyAbandoned Submarines Floating Around the WorldComedyFlight 10Secret Car Features Most Don’t Realize Their Car Is HidingFlight 10MoneyWise.com15 States Where Americans Don’t Want To Live AnymoreMoneyWise.com whatsapp Show Comments ▼ Tags: NULLlast_img read more