Strategy Analytics: Despite Pandemic, Global Consumer Electronics Revenues Rose 7% in 2020

first_img TAGS  Twitter Strategy Analytics: Despite Pandemic, Global Consumer Electronics Revenues Rose 7% in 2020 Facebook Facebook Previous articleWinning numbers drawn in ‘All or Nothing Day’ gameNext articleOsterman to retire after ’21 season with Athletes Unlimited Digital AIM Web Support By Digital AIM Web Support – February 3, 2021 WhatsAppcenter_img Local NewsBusiness Figure 1. Global Electronics Revenue Trade Value in $Billions Pinterest Pinterest Twitter WhatsApplast_img read more

Whitbread to spin off Costa business in UK

first_imgCosta is to be demerged from the Premier Inns business and become listed as a separate company within the next two years.Owner Whitbread today (25 April) confirmed a demerger would be pursued “as fast as practical and appropriate to optimise value for shareholders”.The company said it had developed Costa into the UK’s clear leader in the out-of-home coffee market, and had made improvements in product innovation and digital capability.According to British Baker research, Costa grew by 358 sites in 2017, making it the largest bakery/coffee shop operator in the UK, ahead of Subway and Greggs.The Whitbread board said it was confident that both Premier Inn and Costa would soon be businesses of sufficient strength, scale and capability to enable them to thrive as independent companies. It added that the 24-month time frame would enable it to:complete complex and critical IT and business system upgrades and improvement programmesdeliver a recently upgraded efficiency programme that would offset a “significant proportion” of industry inflation and minimise disruption to trading and product innovation, particularly in the UKfurther develop the international strategies in both Premier Inn and Costamanage the Whitbread pension fund deficit and funding facilities, and ensuring Whitbread and Costa had appropriate governance structures in place as separate entities.“A separation will provide enhanced focus for each business and give shareholders an investment in two high-quality businesses,” said Whitbread chairman Adam Crozier.“We will ensure that prior to separation each business is sufficiently developed and well-positioned to take advantage of the structural growth opportunities available to them in the UK and internationally.“The team will now also be focused on ensuring the demerger of Costa is conducted as fast as practical and appropriate to optimise value for Whitbread’s shareholders.”Whitbread chief executive officer Alison Brittain said the company had made “tremendous progress in innovation and growth in our core UK businesses”.“Costa will become a listed entity in its own right and the clear market leader in the out-of-home coffee market in the UK. Costa will also be well positioned to build further on its strong international foundations, with growth expected in China and Costa Express.”last_img read more

Weekend Picks South: Hike to the Summit of Pinnacle Mountain

first_imgAt an elevation of 3,415 feet above sea level, Pinnacle Mountain is the tallest mountain completely contained within the borders of South Carolina. Situated amidst the beautiful scenery of the South Carolina Upstate, this hike is fairly popular, but the balds at the top offer unrivaled views of the iconic Table Rock Mountain.To get to the top start at the eastern terminus of the Foothills Trail inside Table Rock State Park. A fairly strenuous uphill hike of about 2.5 miles will take you to the balds where you’ll soak in views of nearby Table Rock Mountain and the surrounding forests. If you’re looking for an overnight treck bypass the spur trail that leads to the true summit of Pinnacle and continue on the Foothills Trails beyond the boundary of Table Rock State Park to a few stellar backcountry campsites.For more ideas about hikes in the South Carolina Upstate click here.For more detailed weekend trip adventure plans like this one subscribe to our Weekend Picks Enews letter![divider]More from[/divider]last_img read more

Custodian cleans out members’ accounts

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr by: Peter StrozniakA University of South Florida custodian is accused of stealing $37,000 from two members’ accounts at the $443 million USF Federal Credit Union in Tampa, Fla., according to USF Police.USF police said Darrell L. McNabb, 33, of Tampa allegedly transferred the stolen funds to his USF FCU account by creating fake IDs from personal information he stole from the victims.The theft occurred from early January to Feb. 5. Police investigators were alerted about the suspicious activity Feb. 6. continue reading »last_img

IOC tells NOCs to expect decision on new dates for Tokyo Games

first_img insidethegames understands International Federations were given a similar timeline during a call with the IOC yesterday. The IOC discussed the new dates for the Games, postponed until no later than the summer of 2021 amid growing international concern over the coronavirus pandemic, with National Olympic Committees (NOCs) today. The timing of the Games is the most pressing issue for a task force established by the IOC and Tokyo 2020 to navigate the complicated challenges stemming from the postponement. Confirming the exact dates for the first Olympic Games to be postponed in history will also pave the way for other key areas to be addressed, including venues and qualification. IOC President Thomas Bach said earlier this week that there are “thousands” of questions following the decision to delay the Games, none of which can be answered until the new dates are set. insidethegames understands the majority of the 33 Federations on the Tokyo 2020 programme prefer the rearranged Games to be staged between July and August, although some suggested dates in April and May. The prospect of a spring Olympics in Japan has been mooted and while this would require rescheduling of other sporting events, it potentially could avoid the high summer temperatures in Tokyo, which had forced organisers to invest in heat countermeasures for the Games. insidethegames has been told some Federations raised concern over high temperatures in the Japanese capital when discussing the possibility of rescheduling the Games for a similar window as had been planned this year. IOC member John Coates, head of the Coordination Commission for Tokyo 2020, has suggested the organisation is working with Federations to potentially find a window in July and August next year. Coates told insidethegames that he expected a recommendation on the precise timing of the Games to be put to the IOC Executive Board by the end of April. A decision on when the postponed Tokyo 2020 Olympic Games will be held is expected to be made within the next three weeks, the International Olympic Committee (IOC) told countries on a conference call. Loading… New Zealand Olympic Committee chief executive Kereyn Smith said the organisation “looks forward to learning the exact date of the Games”. “Our athletes have reacted extremely well to the postponement of the Games and having a date to work towards will allow them to carry out the meticulous planning and the training required for an Olympic Games performance,” Smith added. Read Also:Olympic postponement: IOC President sends message to athletes Bach had previously sent a letter to the entire IOC membership, detailing the process which led to the announcement of a delay until 2021 because of the COVID-19 outbreak on Tuesday (March 24). “In light of this situation, the IOC had to take decisions quickly, sometimes even every day, responding to a constantly evolving environment,” Bach wrote. “I hope I can count on your understanding that because of the fast-moving developments, we could not always give you all the background information on a timely basis.” Forward Willian, meanwhile, has been given permission by the club to return to Brazil to link up with his family. “This situation has obviously been changing frequently from the start and it is all new ground,” the Chelsea boss said. “I’ve just let them know that I am there for them individually because these are tough times whether it’s emotionally, physically everything we have to be there for the players. “Motivation can be slightly put to the side. I think the motivation at the moment for everyone is how their families are, how their relatives are, how we all see the outside world, and sometimes the realisation probably that there are things which are a lot more important than football. “However much we love Chelsea and are fortunate to do our jobs, this has certainly hit home for that. “For me, my message to the players has always been look after your family at this time. FacebookTwitterWhatsAppEmail分享 Promoted ContentBirds Enjoy Living In A Gallery Space Created For Them2020 Tattoo Trends: Here’s What You’ll See This Year7 Of The Wealthiest Universities In The World8 Weird Facts About Coffee That Will Surprise You7 Theories About The Death Of Our Universe5 Of The World’s Most Unique Theme ParksWhat Happens To Your Brain When You Play Too Much Video Games?Playing Games For Hours Can Do This To Your BodyAmazing Portraits Of Women As Zodiac Signs7 Most Asntonishing Train Stations In The World5 Of The World’s Most Unique Theme Parks14 Hilarious Comics Made By Women You Need To Follow Right Nowlast_img read more