Ben Butler

1 week ago | insidermedia.com | Ben Butler

Struggling luxury handbag brand Mulberry is intending to raise £20m to drive a plan to turnaround the business and restore profitability. The company said additional capital will help fund its growth strategy and meet its medium term revenue, profitability and cash generation targets. It comes after the company launched a new strategy in January, "Back to the Mulberry Spirit" which focuses on "simplification, brand realignment and enhanced customer connection".

1 week ago | insidermedia.com | Ben Butler

IG Design Group, a gift-packaging and greeting product manufacturer, has announced that its chief executive is stepping down from his role with immediate effect. The move follows the successful disposal of the company's DG Americas division. Paul Bal is departing, with current chair Stewart Gilliland assuming the position of executive chair on an interim basis, with the support of the broader executive team, until a permanent replacement has been found.

1 week ago | insidermedia.com | Ben Butler

A pub operator and brewing group has launched a new wedding and events venue in a South West market town. Butcombe Pubs & Inns has opened the Cotswold Suite at The Beckford Inn, Tewkesbury. It accommodates up to 150 seated or 300 standing guests, making it suitable for gatherings of all sizes. There is a private bar, dance floor, and advanced sound system for seamless entertainment and celebrations.

1 week ago | insidermedia.com | Ben Butler

A green cement start-up, which has locations in Middlesbrough and Wrexham, has received a HSBC funding boost to scale its UK rollout. Material Evolution, a pioneering sustainable materials company, has secured a venture debt facility from HSBC Innovation Banking UK. Founded to decarbonise the cement industry, Material Evolution uses alkali fusion and AI-powered design to create ultra-low carbon alternatives to traditional Portland cement.

1 week ago | insidermedia.com | Ben Butler

An authentic Italian restaurant has officially opened its doors in Swansea. Luigi’s Restaurant, the latest addition to Swansea’s vibrant food scene, has launched at 14-16 Orchard Street. Once home to the iconic Wild Swan restaurant, the location has been carefully refurbished while preserving its most distinctive features - including the central water feature and arched bridge.