George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Sorrry for O/T but shows on storeleads that cultbeauty has changed platforms
https://storeleads.app/reports/thehutgroup
Correct link
https://youtu.be/OiZ8LMg6A3c?si=VEpff2VrSBb2oTvA
Bulletproof-These are the guys who are responsible for the re-branding of myprotein
http://www.wearebulletproof.com
Interesting that this Thg employee is on secondment with Pentland Brands
https://pentlandbrands.com/our-brands/
ExperienceExperience
THG logo
THGTHG
4 yrs 3 mos4 yrs 3 mos
Secondment as Interim Global Head of Digital Product at Pentland BrandsSecondment as Interim Global Head of Digital Product at Pentland Brands
Full-timeFull-time
Mar 2023 - Present · 7 mosMar 2023 - Present · 7 mos
London, England, United Kingdom · HybridLondon, England, United Kingdom · Hybrid
Head of Trading - Independent Beauty | THG IngenuityHead of Trading - Independent Beauty | THG Ingenuity
Full-timeFull-time
Jul 2021 - Mar 2023 · 1 yr 9 mosJul 2021 - Mar 2023 · 1 yr 9 mos
London, England, United KingdomLondon, England, United Kingdom
Focusing on driving the growth of our existing business and successfully onboarding new clients into the Independent Beauty category whilst maintaining operational excellence.
• Onboarded 9 new brands in 2021 with 6 exceeding their first months revenue targets
• Developing data & insight led trading strategies across UK, US, ANZ & European markets
• Working with marketing channel teams to robustly forecast performance
• Pro-actively developing new processes & supporting the streamlining of processes. Recently led on a training programme to support a division wide restructure
• Managing the structure of a rapidly growing team of 20+ with 4 direct reports
• Developing and supporting the career ambitions of my teamFocusing on driving the growth of our existing business and successfully onboarding new clients into the Independent Beauty category whilst maintaining operational excellence. • Onboarded 9 new brands in 2021 with 6 exceeding their first months revenue targets • Developing data & insight led trading strategies across UK, US, ANZ & European markets • Working with marketing channel teams to robustly forecast performance • Pro-actively developing new processes & supporting the streamlining of processes. Recently led on a training programme to support a division wide restructure • Managing the structure of a rapidly growing team of 20+ with 4 direct reports • Developing and supporting the career ambitions of my team…see more
Senior Trading Manager - THG IngenuitySenior Trading Manager - THG Ingenuity
Full-timeFull-time
Jan 2021 - Jul 2021 · 7 mosJan 2021 - Jul 2021 · 7 mos
Manchester, England, United KingdomManchester, England, United Kingdom
• Overseeing the performance & international trading strategies of a variety of brands across the Independent Beauty category
Remember the rumour months back?
2. Boots UK gearing up to launch new beauty showcase at Battersea Power Station in London
Boots UK will open a new beauty only store later this year at London’s Battersea Power Station.
In a LinkedIn post, Paula Bobbett, Chief Digital Officer at Boots UK, said: “This has been months in the making. As an 11,200 sq ft supersize beauty studio, it will be a new destination for beauty lovers to try out new products, looks and trends.”
“More than 250 cosmetics, skincare and haircare brands will be available, including several new UK exclusive brands and ranges from diverse and female owned brands.”
“We will also be making good use of our leadership in healthcare and expertise in skin, with skin specialist pharmacists and qualified dermatologists on hand to offer advice.”
All products will be available online and for next day home delivery or Click and Collect at over 1,600 Boots stores.
Virtual skincare and beauty consultations from the store’s experts will also be available on boots.com.
“Whatever scenario you look at, it’s very clear that, even in 2050, oil and gas will remain a key part of our energy mix,” said Impact’s Ahmed.
However, operational emissions only make up 15 per cent of the carbon emissions associated with a barrel of oil; the rest is produced when it is burnt.
“The elephant in the room is that projects like Namibia might have lower emissions intensity, but you’re still adding a lot of barrels that will get combusted and increase atmospheric CO₂,” said Coffin. “If they’re sanctioned to go ahead, it’s unlikely that some existing production somewhere else would shut earlier.”
But the early results have raised speculation in the industry that the finds could rival the series of discoveries from 2015-18 in Guyana, which turned the tiny Latin American nation into a major producer.
“This is incredibly early stages but you can see the excitement,” Thom said. “The amount of focus that Shell and TotalEnergies are putting into Namibia, it is clear that they see enormous potential here.”
When privately held UK-based exploration group Impact entered Namibia in 2014, the number of failed wells meant the country was seen as a “graveyard” for oil exploration, said chief executive Siraj Ahmed. “A place where there’s no real potential for hydrocarbons.”
But Impact’s thesis was that over thousands of years, the Orange River that runs across Namibia and South Africa had dumped resource-rich sediment further into the Atlantic Ocean than had previously been explored.
Total acquired part of Impact’s licence in 2017 and was joined by QatarEnergy two years later. QatarEnergy did not respond to a request for comment.
Although oil executives caution that it is too soon to predict whether the fields will be developed or how much revenue they might generate, the initial finds have raised Namibian hopes of a future economic windfall that could help further develop the country.
Namibia, with its small population of 2.5mn, has a GDP per capita of about $5,000, similar to Indonesia and Mongolia, but also one of the world’s most unequal societies, second only to South Africa, according to the World Bank.
Namibia’s oil ministry and representatives of Namcor were not available for comment.
International companies have mined diamonds and uranium in Namibia for decades but there is no history of oil production.
Successful development of the offshore fields would require the building of an entire new industry, as it did in Mozambique on Africa’s east cost, where Total has led a fraught attempt to develop a giant offshore gasfield since 2010. The French energy major suspended operations in 2021 after attacks by Islamist insurgents.
Given the time it may take to develop the Namibian fields — Shell has said it would not expect any oil from the country until after 2030 — there is a chance that oil demand could already be declining when the projects start to produce.
“There is a big risk of encouraging the initiation of an industry that, at least long term, is in secular decline,” said Michael Coffin, a former BP geologist who is now the head of oil, gas and mining at the think-tank Carbon Tracker. “That doesn’t seem like a great bet for the economic development of any country.”
The oil companies argue that demand will remain significant even as it declines, with potential developments such as Namibia offering opportunities to use advanced technology to produce oil with lower operational emissions.
“Whatever scenario you look at, it’s very clear that, even in 2050, oil a
From the FT
The expansion in activity in Namibia by both companies, which operate separate offshore projects, follows the drilling of several successful exploration wells in the past 18 months.
Total and its partners — QatarEnergy, Impact Oil and Gas and Namibia’s state-owned oil company Namcor — first announced the discovery of “significant light oil and associated gas” at the Venus site in February 2022.
This field has the most potential and is likely to hold more than 3bn barrels of oil, which would make it the eighth biggest oil discovery in the world since 2000 and the largest ever in sub-Saharan Africa, according to consultants Wood Mackenzie.
Although significantly smaller than Saudi Arabia’s Ghawar field, the largest in the world, holding more than 60bn barrels, the development of Venus alone would make Namibia a major oil producer.
Total has drilled an appraisal well on the Venus site and plans to run flow tests this month, with results expected in September.
“Our focus will be Namibia first,” Total chief executive Patrick Pouyanné said in July, adding “we have a lot of oil in place”.
Shell, which is also working with QatarEnergy and Namcor, has drilled three exploration wells, one appraisal well and has already conducted a successful flow test, which it said was the first in the country.
Oil exploration is a challenging and costly business that involves using geological knowledge and seismic imaging to guess what might be buried underground and then sinking expensive exploration wells to find out.
In Namibia’s case, the work is complicated by the location of the most promising areas: between 200km and 300km from the coast and in water depths of more than 2,000 metres.
“This clearly is pushing the boundaries of previous deepwater and ultra-deepwater developments,” said Ian Thom, upstream research director at Wood Mackenzie.
Https://twitter.com/allthewinners1/status/1696886365533638881
More details on the City AM deal
https://www.prolificnorth.co.uk/news/thg-acquired-city-a-m-for-1-5million-more-details-revealed/
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