Friday 27 September 2024

Lunchly Critisied

 
YouTubers MrBeast, Logan Paul, and KSI have launched a new line of lunch kits called Lunchly, marketed as a healthier alternative to Lunchables. However, health campaigners have criticized these kits for being ultra-processed and lacking in nutritional value. Despite the creators’ claims, the kits contain high levels of sugar, artificial sweeteners, and preservatives, raising concerns about their suitability for children. The controversy has sparked a debate about the ethics of marketing such products to young audiences. Turkey Stack ‘Ems, The Pizza and Fiesta Nachos are currently exclusive to the US market, but KSI – real name Olajide Olayinka Williams Olatunji – said he hoped to bring the range to the UK in “the next few months.

BBQ: How can the backlash against Lunchly’s nutritional content impact the brand’s market positioning and consumer trust?

Wednesday 25 September 2024

Nike & Sky Ad Ban

The Advertising Standards Authority (ASA) has banned ads from Nike and Sky for misleading consumers. Nike’s ad, which promoted trainers at a discounted price, only offered the shoes in limited children’s sizes, while Sky’s ad for its Now TV service automatically added free trials to customers’ baskets, which would renew for a fee unless cancelled. The ASA is cracking down on such “dark pattern” tactics, where key information is hidden or delayed, leading to consumer manipulation and potential financial harm.
BBQ: How do “dark pattern” tactics in advertising affect consumer trust and business reputation?

 Nike & Sky Ad Ban

Monday 23 September 2024

Not A Price Match

BBC Panorama found that many Tesco products price-matched to Aldi, such as chicken nuggets and cottage pie, contain significantly less of the main ingredient compared to their Aldi counterparts. For example, Tesco’s chicken nuggets have 39% chicken, while Aldi’s have 60%. This practice, known as “value engineering,” involves altering ingredient quantities to reduce costs. Despite Tesco’s claim that ingredient proportions do not necessarily equate to quality, this discrepancy raises questions about the true value offered to consumers. Discount supermarkets like Aldi have thrived amid the higher cost of living, overtaking competitors like Morrisons.

BBQ:  How might the practice of “value engineering” affect consumer trust and brand loyalty in the supermarket industry?

Sunday 22 September 2024

Skinny Books

Publishers are exploring ways to reduce carbon emissions associated with book production. A typical paperback book generates around 1kg of carbon dioxide, equivalent to the electricity use of more than 150,000 homes for a year. To address this, some publishers are using subtly thinner paper, while others experiment with compact typefaces that require less ink and paper. Sustainable Typesetting, a project by design company 2K/DENMARK, achieves significant page count reductions by increasing the x-height of letters without enlarging all text. These efforts aim to make books slimmer, lighter, and more environmentally friendly.

BBQ: How can publishers balance cost savings and environmental impact when choosing paper thickness and typefaces for book production?

Skinny Books

Thursday 19 September 2024

Copycat Chocolate

 
Tony’s Chocolonely has accused Lidl of copying the unique design of its chocolate bars with Lidl’s “Way To Go!” bars. Tony’s Chocolonely claims that Lidl’s bars mimic their distinct asymmetric design, which symbolizes the inequality in the cocoa supply chain. Tony’s Chocolonely argues that Lidl should also adopt their ethical sourcing principles if they are going to imitate their design. Lidl, however, insists that their chocolate is Fairtrade-certified and supports living incomes for cocoa farmers.
BBQ: How might Lidl’s alleged copying of Tony’s Chocolonely’s chocolate bar design impact Lidl’s brand reputation and customer loyalty?


TGI Fridays Administriation

The UK operator of TGI Fridays has gone into administration, putting 4,500 jobs at risk. Hostmore, the hospitality company that owns the chain, is struggling with debt and heavy losses. They hope to sell 87 restaurants by the end of September to keep the brand running and secure jobs. Despite the financial troubles, all existing TGI Fridays locations remain open. The chain has faced challenges due to changing customer preferences and the impact of online shopping and the Covid pandemic on high street businesses. 

BBQ: How might the administration of Hostmore and the potential sale of TGI Fridays’ restaurants impact the company’s stakeholders, including employees, customers, and creditors?

Monday 16 September 2024

Sephora North East

 
Sephora celebrated the official opening of two highly anticipated North East stores at Eldon Square in Newcastle and Metrocentre in Gateshead. As the fourth and fifth additions to Sephora’s growing UK portfolio, these new beauty destinations have already made a significant impact, with thousands of eager customers queueing to be among the first to step inside the stores. Before the official opening time of 9:13 AM—symbolically chosen to match the Friday, 13th September date—excitement filled both locations as customers arrived as early as 5 PM the previous day.  As a special Friday the 13th twist, lucky customers received product gifts and Sephora merchandise throughout the morning. With Sephora’s continued expansion in the UK, the North East openings mark a significant milestone in bringing the brand’s world-class beauty experiences to new regions. 

Friday 13 September 2024

Microsoft Job Cuts

Xbox owner Microsoft is to cut about 650 staff from its gaming division in a new round of job losses after its $69bn (£54.3bn) merger deal. The software giant said staff working in "mostly corporate and supporting functions" worldwide would be affected. It laid off 1,900 staff in January and, in May, closed four studios bought before its purchase of Call of Duty maker Activision-Blizzard. Microsoft's purchase of Activision-Blizzard in October also included Candy Crush maker King and followed its buyout of Zenimax, which owns Fallout maker Bethesda. Mr Spencer told staff Microsoft had tried to "minimise disruption" as it brought in new teams in the months since the multibillion-dollar acquisition. Mr Spencer acknowledged the news would be "difficult" for workers and thanked those affected for their contributions to the company.The games industry has been hit by mass layoffs over the past two years following a rush of investments and acquisitions amid record profits and player numbers during the Covid-19 pandemic. PlayStation maker Sony, League of Legends creator Riot Games and Fortnite owner Epic have been among those to lay off hundreds of workers.Sales of Xbox hardware have fallen since last year though, and the company has been trying to expand its software sales. Xbox showed off a string of upcoming games from its studios in June, including Call of Duty: Black Ops 6. The showcase was praised as one of its best in years, but the company has also upset fans by raising the prices of its Netflix-style Game Pass service and by announcing plans to release certain games on rival consoles.

Baked in Gold

 
Greggs has released a five-piece 22 carat gold-plated collection of jewellery for its most dedicated sausage roll fans. 'Baked in Gold' is the British bakery chain's first official jewellery collection, which will be available online from 10am on September 13, coinciding with the start of London Fashion WeekThe limited edition range features iconic Greggs favourites including Sausage roll earrings, a Jammy Heart necklace and a Greggs charm bracelet. Each piece is hand-crafted by contemporary British artist Dion Kitson and prices start at £36. "Greggs fans are sure to find the perfect, gloriously golden piece to take their accessory game to the next level," the bakery said. The launch follows a tease posted across Greggs' social media channels over the weekend, prompting fans to speculate what could be coming. The jewellery range follows a previous collaboration between Greggs and Primark in 2022 featuring branded tracksuits, bucket hats, sliders and trainers.

High Street Closures

 
Pharmacies, pubs and banks made up half of the closures on Britain's High Streets in the first six months of this year, data suggests. A total of 6,945 stores have closed so far in 2024, which is the equivalent of 38 shops per day. However, if you take into account new store openings, there's only a net closure of 12 stores a day, which is slightly higher than the same period last year. On average, 18 chemists, 16 pubs and nine banks shut down every week between January and June - according to research from accountancy firm PwC. But only three convenience stores and one café chain opened in their place, highlighting the huge changes taking place in town centres. Last year saw net store closures of 11 shops a day. The data covers businesses with more than five outlets and includes everything from retail and hospitality to gyms, banks and hairdressers. It does not include independent traders. Convenience stores were the best performing category as supermarkets like Morrisons and Asda opened new outlets. It’s also been a tough first year for takeaways and restaurants. After a year of growth, these categories were hit by dozens of closures as the hospitality sector grapples with higher costs and weaker demand. The one bright spot was retail parks where chains opened more space for the second year in a row with new drive-throughs in big demand.

Saturday 7 September 2024

Apple iPhone 16 Launch

 
Apple is set to announce the new iPhone 16 line-up on 9 September in a move that will signal the tech giant’s first serious foray into the world of artificial intelligence (AI), spearheaded by a new version of Siri. The live event in Cupertino, California will be livestreamed on Apple’s site as well as on YouTube, and is expected to debut 'Apple Intelligence' - Apple’s response to rivals such as Samsung and Google which have already baked in AI features into their flagship smartphones this year. Apple is also expected to unveil new watches and Airpods as well as the usual hardware upgrades across its iPhone and Pro line. The event is billed as ‘Glowtime’, which insiders suggest refers to the boosted on-screen glow of Apple’s Siri assistant, which will receive an AI upgrade this year.

Blog Q: Will the iPhone product life cycle get shorter?

The Body Shop Rescued

The Body Shop has been rescued from administration, in a deal that appears to secure the immediate future for 1,300 shop and office workers. A consortium led by the British cosmetics tycoon Mike Jatania has acquired the ethical beauty brand's 113 UK stores which remain trading, for an undisclosed sum. Mr Jatania described the Body Shop as "a truly iconic brand" popular in over 70 markets around the world. "We plan to focus relentlessly on exceeding their expectations by investing in product innovation and seamless experiences across all of the channels where customers shop," he said. Announcing the deal, Auréa Group said it has "no immediate plans" to shut stores but that it would monitor the footprint of the estate over the coming months as it tries to manage costs. The Body Shop was founded in Brighton in 1976 by the late environmental and human rights campaigner Dame Anita Roddick. What began as a single shop in the seaside town quickly grew into a global brand known for its beauty offer, perfumes and ethical stance against animal testing. Dame Anita and her husband Gordon sold the business to French beauty giant L'Oreal in 2006. Since then it has changed hands twice, including for as much as a reported one billion euros, amid fierce competition from other natural beauty brands like Lush and Rituals.

Blog Q - Is the market for ethical beauty becoming too saturated for The Body Shop to survive?

Selena Gomez Joins Billionaire Rich List

The 32-year-old actress and singer has amassed a fortune worth $1.3bn, according to Bloomberg. It said her wealth came mainly from her Rare Beauty make-up company, which she founded five years ago and retains a stake in worth more than $1bn, the publication estimated. The brand's success has made her one of the "youngest female self-made" wealthy on the list, alongside the likes of Taylor Swift and Rihanna. Rare Beauty, known for liquid blush and lip tint that have had viral success on social media, reportedly did net sales of $400m in the 12 months to February. Gomez has also brought in tens of millions of dollars from endorsement deals with the likes of Louis Vuitton, Coach and Puma, according to Bloomberg. It said she also took home "at least" $6m per season for her Emmy-nominated turn in the Hulu hit "Only Murders in the Building", which was recently renewed for a fifth season. The singer became the most followed woman in the world on Instagram last year.

Blog Q - What entrepreneurial skills has Selena Gomez shown?

Selena