Feeling The Squeeze
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Morning, I'm Louise Moon
UK employment has plunged, wage growth slowed and people are spending less.
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Associated Press
2 hours ago
- Associated Press
Unily Appoints Lokdeep Singh as Chief Executive Officer
Unily appoints Lokdeep Singh as Chief Executive Officer, signaling the next phase of growth for the leading Employee Experience Platform provider. LONDON, UNITED KINGDOM, June 13, 2025 / / -- Unily, the award-winning Employee Experience Platform powering the world's most iconic enterprises, today announced the appointment of Lokdeep Singh as Chief Executive Officer, effective immediately. The appointment comes at a time of accelerating growth and innovation for the company, as it continues to lead the market in transforming the way organizations connect, engage, and empower their people. 'I am honored to join Unily as CEO,' said Singh. 'I have an immense amount of respect for the company's vision, culture, and platform. Unily is uniquely positioned to help organizations thrive in a world where agility and alignment are more critical than ever. I look forward to working closely with the talented team at Unily to further scale the business, deliver exceptional value to our customers, and fuel the next chapter of growth.' Singh is a seasoned technology executive with more than two decades of experience in leading high-growth enterprise software companies. Most recently, Singh served as a Senior Advisor at Providence Equity Partners, where he supported portfolio companies on AI strategy, operational excellence, and go-to-market acceleration. Prior to that, Singh was CEO of Talkwalker, a global leader in enterprise consumer intelligence, where he led the company through a transformative growth period culminating in a successful acquisition in 2024. 'Lokdeep brings a rare combination of strategic vision, operational rigor, and deep understanding of enterprise needs,' said Will Saville, Unily Co-Founder and Board Member. 'His leadership comes at a pivotal time for Unily, as we double down on innovation, scale our global footprint, and continue to lead the category we created. We're thrilled to welcome him aboard.' Singh joins Unily as the company is experiencing strong momentum: · Recently recognized as a Leader by Gartner, Forrester, and IDC in the Employee Experience Platform category; · Trusted by global enterprises such as Shell, CVS Health, British Airways, and Wipro; · Investing heavily in AI-driven capabilities to redefine productivity and employee engagement; · And expanding its partner ecosystem and global presence to support growing international demand. 'Our customers are looking for strategic partners who can help them simplify complexity and move faster,' Singh added. 'Unily is that partner. I'm excited to help accelerate this mission with bold innovation and deep customer focus.' About Unily Unily is the only true enterprise Employee Experience Platform, driving organizational velocity for the world's most iconic brands. In today's fast-changing world, Unily helps industry leaders like Shell, CVS Health, and American Airlines move faster, align teams, and drive execution excellence. As the only company in the industry recognized as a Leader by Gartner, Forrester, and IDC, Unily is redefining the future of work – empowering enterprises to eliminate friction and operate at the speed of success. Casey Farr 5WPR +44 7717 575414 email us here Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Bloomberg
2 hours ago
- Bloomberg
Boeing CEO Ortberg Cancels Paris Airshow Trip After India Crash
By , Mihir Mishra, Siddharth Vikram Philip, and Allyson Versprille Save Boeing Co. Chief Executive Officer Kelly Ortberg has canceled plans to attend the Paris Air Show after Thursday's Air India crash that killed all but one of the 242 people aboard a Dreamliner plane in the deadliest aviation accident in more than a decade. Boeing commercial aircraft head Stephanie Pope also won't attend the Paris show — the global aviation industry's most important annual gathering — according to a company memo seen by Bloomberg News. GE Aerospace, whose engines powered the doomed plane, has cancelled a June 17 investor day.
Forbes
2 hours ago
- Forbes
Frankfurt Brings 64 Retail Units To New Terminal Including Boss, Montblanc And Gatezero
Frankfurt Airport's T3 shopping offer is built around a marketplace. Fraport, the listed operator of Frankfurt Airport, has disclosed more information about the 129,000 square feet of retail space it will open in April 2026 at its new Terminal 3, where construction is now almost finished. In January this year, Fraport announced the two winners of its food and beverage (F&B) tenders, and now the concessionaires for the 64 retail and service units at T3 have also been revealed. Anke Giesen, responsible for retail and real estate at the airport and part of Fraport's executive board, said that when developing the shopping offer, target groups including airport employees, as well as passengers, were top of mind. She added: 'We're working with our concessionaires to create amazing concepts—this is our retail vision and we're going to continue implementing it in an architecturally spectacular setting in Terminal 3.' Compared to the existing two terminals, the low-lying exterior profile of T3 has some similarities. However, regular users of Germany's busiest hub, home to Lufthansa, will see a welcome change in the interior design with a spacious-looking marketplace at its center, very different from the cramped older terminals. The marketplace has a total of 15 retail outlets surrounding it with a bar and two food courts that can seat nearly 1,000 people beneath a futuristically designed drop ceiling designed by architect Christoph Mäckler. The space is a relaxation zone, a calming space that might encourage people to de-stress enough to go shopping. T3 is expected to have a large share of international transit passengers and Frankfurt Airport Retail (FAR), a joint venture between Fraport and global travel retailer Gebr. Heinemann, will be focused on driving sales from this segment. The JV operates the existing large duty-free department store-style stores at the airport. With the opening of T3, they will increase from four to a total of 23 and cover more than 32,000 square feet. Heinemann has been operating at Frankfurt for over 50 years, and it is the retailer's fourth biggest airport sales location after Istanbul, Tel Aviv, and Oslo (in order). T3 will take the FAR joint venture to a new level. Central to that will be the main duty-free shop, which alone will cover 18,600 square feet. Gatezero will debut in the German airport market at Frankfurt T3 next year. 'The aim is to create an unforgettable shopping experience, reflected in all areas from the architecture to the assortment, to the demeanor of the staff,' said Heinemann's sales director for Western Europe, Tobias Bechinger. As well as the key categories of beauty, spirits/wine, confectionery, tobacco, toys, and sunglasses, highlights will include a dedicated area for luxury niche fragrances; a new cross-category, multi-sensory concept; and a Habanos specialist humidor for fine cigars. FAR will also operate the Boss and Montblanc stores in the new terminal, as well as other branded units. In addition, it is bringing Gatezero, a fashion-forward airport retail format first launched at Switzerland's Zurich Airport in 2021, to Frankfurt. The concept from uber-cool Highsnobiety—majority owned by online retailer Zalando since 2022—also opened in Copenhagen Airport in 2022. T3 will mark Gatezero's debut at a German airport and will offer younger travelers the latest trends in luxury and street culture, with assortments ranging from fashion and accessories to tech and gadgets. Giesen said: 'We have a long history of cultivating close, trusting cooperation with our concessionaires, supporting and promoting the evolution of their business models by jointly developing ideas, also in challenging times. This approach pays off, which is evident in the fact that so many well-known brands have renewed their commitment to our location.' Some of those businesses include Capi Electronics, which will inaugurate two more shops in T3; jewelry and watches retailer Christ; Falke, a German stockings and apparel brand; as well as international names like Sunglass Hut, Tumi, and Longchamp, that are well established at the airport. Victoria's Secret, which, last year, hired Hillary Super, former CEO of Rihanna's Savage x Fenty brand, to revive the struggling brand, has made a comeback at Frankfurt. Its store, operated by a German business of Turkish travel retailer Setur, will sell an exclusive selection of lingerie, plus fragrances, body care, and accessories. Germany's Selection is a modern souvenir store concept. To cater for passengers wanting souvenirs, the shops Germany On My Mind and Germany's Selection, both part of the Wöllhaf Group, will sell well-known German products, including wall clocks and beer tankards. Giesen commented: 'In the new T3, we're going to showcase modern interpretations of what's 'typically German' and 'typically European'. We're at home here: at the heart of Hesse, Germany, and Europe. And we're actively emphasizing this.' Frankfurt Airport does indeed lie in the heart of Europe, but the gateway has stalled somewhat since the pandemic. According to global airport association, ACI, Frankfurt has retained its eighth-place ranking among the world's busiest international airports between 2019 and 2024. However, last year's 56.2 million passenger throughput was 11% down versus 2019, making it the worst-performing airport among Europe's big air hubs.
