Finance Blog

The effect of the Thomas Cook liquidation on the UK’s travel industries on the stock market. After the world’s oldest holiday maker Thomas Cook Group announced that the organisation had gone into liquidation in September 2019 there has been many knock-on effects on the other holiday service companies residing in the UK. But why did the company go into liquidation? Thomas Cook has blamed a series of issues for its problems, including political unrest in holiday destinations such as Turkey, last summer's prolonged heatwave and customers delaying booking holidays because of Brexit. With the uncertainty of what is to come from Brexit does this mean that other package holiday companies will be at risk? I think not. According to the Stock exchange figures have been received showing that the liquidation of the Thomas Cook Group has meant other companies are receiving even more purchased of shares. Travel operator TUI saw shares rise just shy of 10 per cent before trimming g...

Is being fast fashion focused an ethical way to produce clothes? In today’s environment being socially conscious is a key concern when purchasing good from retailers. This means that Corporate social responsibility is a key aim that companies such as online clothing retailers should focus on to bring many benefits to the business. "In the Style.com" are one of the UK's fastest growing online retail companies. Adam Frisby founded Manchester based fast fashion e-tailer "In The Style" in 2013 with just 1000 Pounds investment and no previous experience in starting or running a business, but the firm belief in his idea to build a fashion brand that tapped into the growing celebrity and social media culture   (Griffiths, 2018) . One of the main features of the "In The Style" brand that sets them apart from the other similar online retailers such as Pretty Little Thing & Bohoo is their celebrity influencer focused collections. Statistics cann...