Record Business Insider: Business in brief.
Food ingredients firm Kiril Mischeff, who bought House of York in 1997, are selling equipment, recipes, orders and the brand to Glisten.
It will allow Glisten to supply House of York 'swirl' and 'bonfire' toffees to retailers in the UK and abroad.
Glisten chief executive Paul Simmonds said the purchase would give them a foothold at the higher end of the confectionery market.
FASHION chain Monsoon have reported strong sales of summer ranges as they began to build on a 15 per cent rise in annual profits.
The group, who also own Accessorize, yesterday said like-for-like sales rose five per cent and profits before exceptional items reached pounds 44.1million.
Chairman Peter Simon said capital expenditure will rise to pounds 33million during the year.
Much of the money will be spent on converting the 21 stores the group bought from electrical retailers Dixons on June 30.
MEDIA company Pearson gave an upbeat view of their full-year prospects yesterday after posting narrower losses at the Financial Times.
Pearson said half-year losses at the newspaper were nine per cent lower,as it benefited from cost-cutting measures.
Higher profits at their other business newspapers also contributed to an improvement in the wider group's results.
Pearson,who also publish textbooks and novels,posted losses of pounds 112million for the six months to June 30,compared with a deficit of pounds 138 million last time.
Chief executive Marjorie Scardino said the results werea good sign of Pearson's 'financial and competitive success'.
ABOUT 100 jobs will be created at a new Scottish Gas call centre in Glasgow. The company's Scottish sales team have been so successful at selling products throughout the UK,that they now need to expand.
Around160 staff will be transferred from the existing call centre in Glasgow's Bath Street.
They will be joined by100 new staff at their new sales centre at the City Park development in Alexandra Parade.
Steve Gorry,regional head of operations for Scottish Gas, said: 'This is an exciting development for Scottish Gas and represents a significant expansion to our operations in Glasgow.'
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|Publication:||Daily Record (Glasgow, Scotland)|
|Date:||Jul 27, 2004|
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