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☆ Move over Coachella, there's a new festival wooing influencers in town
▼ + stars: | 2024-04-30 | by ( Amanda Perelli | ) www.businessinsider.com time to read: +4 min

Lifestyle influencer Jacqlyn Burnett was more excited this year to attend the country music festival Stagecoach for the first time than to go to Coachella. Stagecoach, the annual country music festival held this past weekend in Southern California, is rivaling the Coachella Valley Music and Arts Festival as the new favorite among brands and social-media influencers. From the growing interest in country music to fashion, influencers and brands flocked to Stagecoach this year. Some influencers, including Paige Lorenze, Maggie and Emma Macdonald, Estelle Lebourgeois, Chloe Trujillo, and Alyssa Lynch, even skipped Coachella for Stagecoach. Béis, the luggage brand, invited influencers to Stagecoach instead of Coachella, offering themed activities and special access to the festival.

Persons: Jacqlyn Burnett, Beauty, Béis, influencers, Dominick Paielli, he's, Paielli, Paige Lorenze, Maggie, Emma Macdonald, Estelle Lebourgeois, Chloe Trujillo, Alyssa Lynch, Lynch, Liz Flora, Alix Earle, I've, Ali Grant, Stagecoach Mackenzie Gaston, Brynn Wade, Luke Scornavacco, Liz Money Organizations: Stagecoach, Valley Music, Arts Festival, Business, Clementine, Coachella, Tarte, Béis Brands, Stagecoach Mackenzie, 1AM Management Locations: Southern California, Coachella

Some of our top-rated duffel bags, travel wallets and hardside suitcases are on sale, as well as the travel essentials that Buy Side staffers always pack for smooth trips. AmazonAmong the ton of deals the mega-retailer is offering for Cyber Monday, we found these great sale prices on travel necessities. Dagne DoverDagne Dover’s neoprene travel gear has made it onto our lists of the best gym bags and fanny packs and travel must-haves, and for good reason. MonosMonos’ sleek luggage, including rolling bags, duffels and backpacks, is on sale for Cyber Monday—you can save up to 40% sitewide. Also shop this versatile luggage set and large spinner if you’re in the market for hardside travel gear.

Persons: Madeline Diamond, Bellamy Richardson, Béis, Cuyana, Sons Lo, you’ve, We’ve, it’s, You’ll, Now’s Organizations: Sons, Catalina, luxe Locations: Calpak

☆ Global retailers cash in on Barbie movie craze
▼ + stars: | 2023-07-21 | by ( Helen Reid | Thomson Reuters | London-Based Reporter Covering The European Retail Sector Through A Global Lens. Focusing On Companies Including Adidas | ) www.reuters.com time to read: +3 min

REUTERS/Arriana McLymoreJuly 21 (Reuters) - Shoppers are snapping up Barbie hoop earrings, perfume, jumpsuits, and dresses as retailers seek to cash in on Friday's Barbie film release, reigniting the craze for the plastic doll and her hot pink, sequin-adorned universe. Mattel says the Barbie movie is expected to boost global sales of Barbie dolls, which declined last year from record growth during the pandemic. A Gap Barbie hoodie for women was available only in size XXS online, while a pair of Barbie Crocs, priced at $59.99 - $10 more than normal Crocs - was sold out on the Crocs website. Luggage brand Beis had a waiting list for all three sizes of suitcases in a Barbie pink, priced at a premium to its usual colour range. Walmart pitched Barbie dolls in varying skin tones and hairstyles at $45 to collectors.

Persons: browses, Arriana, Friday's, Barbie, Jo Ashdown, Ryan Gosling, Ken, Zara Barbie, hoodie, Barbie Crocs, Barbie toothbrushes, James Zahn, that's, Helen Reid, Savyata Mishra, Siddharth Cavale, Nick Zieminski Organizations: REUTERS, Mattel, WPP, Walmart, Hyatt Hotels, Hilton, Thomson Locations: Zara's Soho, New York City, U.S, Bogota, Colombia, Kuala Lumpur, Malaysia

☆ Britain's Orthodox Haredi Jews wary of state intrusion in education
▼ + stars: | 2023-07-06 | by ( Jonathan Saul | ) www.reuters.com time to read: +5 min

This special faith-based education is profoundly important to Hamilton's strictly Orthodox Haredi Jewish community, which numbers 80,000 in Britain. All children in Britain from the age of five must be in full-time education. "Every child has the right to a safe and suitable education," said a spokesperson for the Department of Education. Underlying the tensions at play between the community and secular state, the government's educational standards office Ofsted, which inspects schools, said in 2021 the school's secular curriculum was too narrow. "Hear our pain and our deep request to leave us alone to allow us to keep our identity," said Rabbi Herschel Gluck, a Haredi community leader.

Persons: Yossi Hamilton, Asher Gratt, Randall Hardy, Flick Drummond, Elyon, Peter Cziborra Hamilton, Hamilton, Shakeel, Rabbi Herschel Gluck, Jonathan Saul, Alexandra Hudson Organizations: Jewish, Conservative, Department of Education, REUTERS, Ofsted, Alexandra Hudson Our, Thomson Locations: London, Britain, England, Israel, British, Birmingham

☆ More than 94,000 prepayment meters forcibly installed in Britain in 2022
▼ + stars: | 2023-03-27 | by ( ) www.reuters.com time to read: +2 min

LONDON, March 27 (Reuters) - More than 94,000 prepayment meters were installed in homes in Britain using warrants and without customer consent in 2022, the government said on Monday, adding that British Gas, Scottish Power and OVO Energy accounted for 70% of them. Prepayment meters allow customers to pay for gas and electricity on a pay-as-you-go basis. British Gas, Scottish Power and OVO Energy forcibly installed 66,187 prepayment metres under warrant last year, the Department for Business, Energy and Industrial Strategy (BEIS) said. Scottish Power was the worst offender when taking its customer base into account, force-fitting more than 24,300 meters, BEIS said. The company is not currently installing prepayment meters or recovering debt from those customers on new prepayment meters unless requested by the customer, the spokesperson added.

☆ UK PM Sunak expected to launch reshuffle to better suit his priorities
▼ + stars: | 2023-02-07 | by ( ) www.reuters.com time to read: +2 min

LONDON, Feb 7 (Reuters) - British Prime Minister Rishi Sunak is expected to launch a mini reshuffle on Tuesday, breaking up two departments to better suit his pledge to spur the economy and turn around his party's fortunes before an election expected next year. Sources confirmed reports from the Sun and the Times newspapers late on Monday that there were plans to break up the department for Business, Energy and Industrial Strategy (BEIS)and the department for Digital, Culture, Media and Sport (DCMS). He was also expected to name the new chair of the party, a position made ever more important before the next national election expected in 2024, after Nadhim Zahawi was sacked over his tax affairs. He has so far failed to reduce the commanding lead in the opinion polls held by the opposition Labour Party, which is increasingly presenting itself as Britain's next government. Reporting by Elizabeth Piper and Sinead Cruise; Editing by Kate HoltonOur Standards: The Thomson Reuters Trust Principles.

☆ UK energy support schemes' cost halved as mild winter tames prices - NAO
▼ + stars: | 2023-02-07 | by ( ) www.reuters.com time to read: +2 min

In the interest of speed, it chose to role out universal support, granting 400 pounds this winter to each household regardless of need. It also capped average domestic energy bills at 2,500 pounds a year until March 31 and at 3,000 pounds until April 2024. When the scheme was first launched the government had said average bills would be capped at 2,500 pounds a year until April 2024. Last month, Britain announced plans to scale back energy subsidies for businesses for the next financial year by about 85% to 5.5 billion pounds. Without the government measures average household energy bills were set to rise more than 170% to over 3,500 pound this winter from a year earlier.

☆ UK PM Rishi Sunak may announce mini cabinet reshuffle on Tuesday -source
▼ + stars: | 2023-02-06 | by ( ) www.reuters.com time to read: +2 min

LONDON, Feb 6 (Reuters) - British Prime Minister Rishi Sunak may announce a mini reshuffle of his Cabinet on Tuesday and is considering breaking up the government's business department into three separate ministries, a source familiar with the discussions said on Monday. The reshuffle of ministers comes just over a week after Sunak sacked Conservative Party chair Nadhim Zahawi over his tax affairs, and as the government has fallen further behind the main opposition Labour Party in opinion polls. Sunak's office declined to comment on the possible reshuffle, which was first reported by The Sun. The government's Department for Business, Energy and Industrial Strategy (BEIS) could be broken up to see a new energy department, with business and trade merged. The governing Conservative party is currently around 20 percentage points behind Labour in most polls.

☆ The 50 fashion, beauty, and lifestyle companies set to take off and become the next great direct-to-consumer brands, according to The Lead
▼ + stars: | 2023-01-30 | by ( Danni Santana | ) www.businessinsider.com time to read: +9 min

HydrowWhat it is: indoor rowing machineTotal capital raised: $255 million22. ipsaWhat it is: fine frozen dinners made to be heated on stove tops or in ovensTotal capital raised: Undisclosed23. MadhappyWhat it is: fashion and lifestyle brand focused on creating conversation around mental healthTotal capital raised: $1.8 million28. MugsyWhat it is: online retailer best known for its jeansTotal capital raised: None32 .Oliver CabellWhat it is: luxury footwear minus the markupsTotal capital raised: None33. The Normal BrandWhat it is: lifestyle brand that sells rugged clothing for men and women inspired by the MidwestTotal capital raised: None46. Win Brands GroupWhat it is: holding company with brands selling outerwear, home goods, and candlesTotal capital raised: $90 million50.

This story is part of Select's New & Notable column, where we highlight our favorite product launches, major sales, what we're buying and some of our latest recommendations and advice. This week, we’ve highlighted Ninja’s latest kitchen appliance, Caraway steamers, new bags in the Béis Sport collection and more. The brand is offering 20% off products in the following categories to previous customers: Cordless stick vacuums, upright vacuums, canister vacuums, air purifiers, supersonic hair dryers and Corrale straighteners. For National Puzzle Day (Jan. 29), Jiggy Puzzles is offering 30% purchases of $75 or more, plus free shipping. To recommend the best hair dryers, we spoke to hairstylists about which you should buy depending on your hair type.

☆ I flew on Singapore's Airbus A380 for 12 hours in economy from Germany to Singapore. The seat was surprisingly amenity-heavy and made the long trek easy.
▼ + stars: | 2023-01-29 | by ( Taylor Rains | ) www.businessinsider.com time to read: 1 min

Before getting settled, I first had to find space for my carry-on. I found that most of the bins around me were already full, so I ended up having to store my bag about four rows behind. My carry-on is Beis and is the correct size for Singapore's bins. However, the agent did weigh it in New York and I had to move some weight to my personal item to keep it under the seven-kilogram (15-pound) limit. Taylor Rains/Insider

☆ UK parliament considers recalling Amazon exec after lawmaker "unhappy" with testimony
▼ + stars: | 2023-01-10 | by ( Martin Coulter | ) www.reuters.com time to read: +4 min

An Amazon spokesperson strongly denied the executive - European policy chief Brian Palmer - misled the committee. It cited legal filings related to U.S. court cases and testimony from workers at five warehouses in the UK. "We were extremely unhappy with his testimony," McDonald told Reuters. An Amazon spokesperson said that Amazon used CCTV cameras "to ensure the safety of employees and security of products". "To suggest that the use of these standard business practices amount to surveillance of employees is wrong," the Amazon spokesperson added.

☆ Bulb bailout exposes UK’s pseudo power market
▼ + stars: | 2022-12-23 | by ( George Hay | ) www.reuters.com time to read: +4 min

Bulb is the biggest of dozens of flaky British power suppliers which opted not to hedge their future costs when energy prices were cheap. The Office for Budget Responsibility expects the saga to cost taxpayers 6.5 billion pounds. Octopus itself thinks the loan could be more like 2.4 billion pounds, as wholesale prices have recently fallen. If that’s correct, regular payments by Bulb customers will cover the cost. With retail power prices fixed and the government on the hook for higher wholesale costs, Britain’s privatised power industry is operating in anything but a free market.

LONDON, Dec 7 (Reuters) - British finance minister Jeremy Hunt will meet leaders of North Sea oil and gas producers on Friday to discuss the government's windfall tax, three industry sources told Reuters on Wednesday. The government said the levy would raise funds to help people struggling with increased living costs, largely driven by energy prices that surged after energy exporter Russia invaded Ukraine in February. A Treasury source confirmed Hunt would meet oil and gas executives this week. Benchmark Brent oil prices traded below $80 a barrel, the lowest since January and far below a spike well above $100 shortly after the Ukraine war began. Natural gas prices remain above their historical average .

PRICE FLOORNeither climate campaigners nor the industry are happy with the new windfall tax. Benchmark Brent oil prices are trading above $80 a barrel, far below a spike well above $100 shortly after the Ukraine war began. Jacques Tohme, director and founder of Tailwind, a North Sea producer, said he did not object to a higher tax but a lack of stable rules created the risk of "flight of investment" from the North Sea. "We're happy to pay higher tax, but we need a floor of $75 to $100 a barrel above which a true windfall tax can be applied," Tohme said. Companies including Shell (SHEL.L) and Equinor have already said they will review their North Sea investments.

☆ New UK PM Sunak commits to fracking ban - spokesman
▼ + stars: | 2022-10-26 | by ( ) www.reuters.com time to read: +1 min

During her short term as prime minister, Truss had lifted a moratorium on fracking, arguing last month that strengthening the country's energy supply was a priority. In parliament, Sunak was asked about fracking, and said he stood by a 2019 manifesto commitment on the issue. The Conservatives' 2019 policy prospectus said they would "not support fracking unless the science shows categorically that it can be done safely." Asked by a reporter if Sunak's comment meant that fracking was "back in the bin", Sunak's spokesman said "That's correct." "You've got the position set out in the manifesto, which the prime minister pointed to," the spokesman told reporters.

☆ Fracking: What's all the fuss about it in the UK?
▼ + stars: | 2022-10-20 | by ( Reuters Christian Edwards | Christian Edwards | ) edition.cnn.com time to read: +5 min

Fracking, or hydraulic fracturing, involves drilling into the Earth and injecting water and chemicals at high pressure to break rocks and release the gas trapped inside. Since only few test wells have been drilled, there are no estimates of proven reserves to confidently predict how much shale gas would be technically and economically viable to extract by fracking. Cuadrilla, 96% owned by Australia’s AJ Lucas, was the only one of these firms to receive consent to begin fracking. Former British Chancellor Kwasi Kwarteng said in March when he was Business and Energy secretary gas fracking would not lead to lower British gas prices. “With the best will in the world, private companies are not going to sell the shale gas they produce to UK consumers below the market price,” he tweeted.

☆ Britain plans 'de-facto windfall tax' on low-carbon energy producers
▼ + stars: | 2022-10-11 | by ( ) www.reuters.com time to read: +3 min

LONDON, Oct 12 (Reuters) - Britain has set out plans for a temporary revenue limit on low-carbon electricity generators, which the industry said was a "de-facto windfall tax" on renewable energy producers. The package, which is called The Energy Prices Bill and gives the government new emergency powers to carry out the proposals, was introduced in parliament on Tuesday. RWE UK Country Chair Tom Glover said the cap was a "de-facto windfall tax on low-carbon generators". The CfD scheme is the is the government’s main mechanism for supporting low-carbon electricity generation. RWE's Glover said this was the most efficient and investor-friendly way to de-link the electricity price from the marginal gas price.

☆ UK government to cap energy bills for businesses -Bloomberg
▼ + stars: | 2022-09-20 | by ( ) www.reuters.com time to read: +1 min

Register now for FREE unlimited access to Reuters.com RegisterElectricity pylons are seen near Ashford, Britain, August 15, 2022. The report comes ahead of the government's energy support package for businesses, which is expected this week as the government resumes its duties after a period of national mourning for Queen Elizabeth, who died on September 8. Earlier reports said that the support package to help businesses facing high energy bills would cost the government roughly 40 billion pounds ($45.4 billion). Truss said in New York on Tuesday that the cost of the energy support would be laid out in more detail. ($1 = 0.8804 pounds)Register now for FREE unlimited access to Reuters.com RegisterReporting by Muvija M; Editing by Paul Sandle and Emelia Sithole-MatariseOur Standards: The Thomson Reuters Trust Principles.

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