Entrepreneur UK's London 100: Unndr
Industry: Fashion
Unndr is the UK's first monthly lingerie subscription business.
Launched two years ago with £5,000 savings that founder Sofia invested in stock and branding, Unndr now has 4,000+ monthly subscribers, has accumulated over 300,000 social media followers in the last six months alone, and has made £2m revenue in its first two years — with no outside investment.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
Institutional investors in ING Groep N.V. (AMS:INGA) see €1.8b decrease in market cap last week, although long-term gains have benefitted them.
Institutions' substantial holdings in ING Groep implies that they have significant influence over the company's share price 41% of the business is held by the top 25 shareholders Insiders have been selling lately This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. To get a sense of who is truly in control of ING Groep N.V. (AMS:INGA), it is important to understand the ownership structure of the business. And the group that holds the biggest piece of the pie are institutions with 57% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company. Losing money on investments is something no shareholder enjoys, least of all institutional investors who saw their holdings value drop by 3.2% last week. Still, the 27% one-year gains may have helped mitigate their overall losses. They should, however, be mindful of further losses in the future. Let's delve deeper into each type of owner of ING Groep, beginning with the chart below. View our latest analysis for ING Groep Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. As you can see, institutional investors have a fair amount of stake in ING Groep. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of ING Groep, (below). Of course, keep in mind that there are other factors to consider, too. Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. Hedge funds don't have many shares in ING Groep. Looking at our data, we can see that the largest shareholder is Capital Research and Management Company with 7.2% of shares outstanding. In comparison, the second and third largest shareholders hold about 6.3% and 4.2% of the stock. On studying our ownership data, we found that 25 of the top shareholders collectively own less than 50% of the share register, implying that no single individual has a majority interest. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. Quite a few analysts cover the stock, so you could look into forecast growth quite easily. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances. Our most recent data indicates that insiders own less than 1% of ING Groep N.V.. As it is a large company, we'd only expect insiders to own a small percentage of it. But it's worth noting that they own €3.3m worth of shares. It is always good to see at least some insider ownership, but it might be worth checking if those insiders have been selling. The general public-- including retail investors -- own 43% stake in the company, and hence can't easily be ignored. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies. I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. To that end, you should be aware of the 1 warning sign we've spotted with ING Groep . If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Norcros (LON:NXR) Is Increasing Its Dividend To £0.069
The board of Norcros plc (LON:NXR) has announced that the dividend on 1st of August will be increased to £0.069, which will be 1.5% higher than last year's payment of £0.068 which covered the same period. Based on this payment, the dividend yield for the company will be 3.8%, which is fairly typical for the industry. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. While it is always good to see a solid dividend yield, we should also consider whether the payment is feasible. Based on the last payment, the dividend made up 77% of cash flows, but a higher proportion of net income. This indicates that the company could be more focused on returning cash to shareholders than reinvesting to grow the business. Looking forward, earnings per share is forecast to rise exponentially over the next year. Assuming the dividend continues along recent trends, we estimate that the payout ratio could reach 37%, which is in a comfortable range for us. See our latest analysis for Norcros While the company has been paying a dividend for a long time, it has cut the dividend at least once in the last 10 years. The dividend has gone from an annual total of £0.051 in 2015 to the most recent total annual payment of £0.104. This means that it has been growing its distributions at 7.4% per annum over that time. We like to see dividends have grown at a reasonable rate, but with at least one substantial cut in the payments, we're not certain this dividend stock would be ideal for someone intending to live on the income. With a relatively unstable dividend, it's even more important to evaluate if earnings per share is growing, which could point to a growing dividend in the future. Over the past five years, it looks as though Norcros' EPS has declined at around 22% a year. A sharp decline in earnings per share is not great from from a dividend perspective. Even conservative payout ratios can come under pressure if earnings fall far enough. On the bright side, earnings are predicted to gain some ground over the next year, but until this turns into a pattern we wouldn't be feeling too comfortable. Overall, this is probably not a great income stock, even though the dividend is being raised at the moment. The track record isn't great, and the payments are a bit high to be considered sustainable. Overall, we don't think this company has the makings of a good income stock. Investors generally tend to favour companies with a consistent, stable dividend policy as opposed to those operating an irregular one. At the same time, there are other factors our readers should be conscious of before pouring capital into a stock. For example, we've picked out 3 warning signs for Norcros that investors should know about before committing capital to this stock. Is Norcros not quite the opportunity you were looking for? Why not check out our selection of top dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
an hour ago
- Yahoo
Britain ‘not at war' despite sending more RAF jets to the Middle East, Reeves says
Rachel Reeves has insisted Britain is not at war despite sending more RAF jets to the Middle East amid devastating strikes between Iran and Israel. The chancellor said the UK could play a military role defending Israel from ongoing Iranian attacks, but said moves so far 'do not mean we are at war'. Speaking to Sky News, she said: 'We have, in the past, supported Israel when there have been missiles coming in. I'm not going to comment on what might happen in the future, but so far, we haven't been involved, and we're sending in assets to both protect ourselves and also potentially to support our allies.' Ms Reeves also warned that the conflict has pushed up oil prices by 10 per cent and could threaten to block key trade routes, including the Strait of Hormuz, hitting the finances of families in the UK. She said: 'It's very early days, and things are moving quickly, but when we urge for de-escalation in the region, that is in part because of the lives at risk… but also because what happens in the Middle East affects us here at home.' Iran and Israel continued trading heavy missile strikes overnight on Saturday, with at least seven dead in Israel and an unknown number of casualties in Iran. Israel targeted Iran's Defence Ministry headquarters in Tehran, while dramatic footage showed a huge blaze raging at the Shahran oil depot near Iran's capital, after it was targeted in an Israeli attack. Air sirens were heard in Tel Aviv and Jerusalem as casualties were reported from strikes on buildings in northern Israel and Bar Yam, a city just south of Tel Aviv. The outburst of conflict was sparked when Israel launched a series of attacks on the heart of Tehran's nuclear programme and armed forces. After Iran hit back, Sir Kir on Saturday said: 'I'm not going to get into the precise details, but we are moving assets, we've already been moving assets to the region, including jets, and that is for contingency support across the region.' 'Our constant message is de-escalate, and therefore everything we're doing, all discussions we're having, are to do with de-escalation,' he added. Donald Trump has vowed to respond 'at levels never seen before' if Tehran follows through on a threat to strike US bases. Posting on Truth Social, the US president said his forces had 'nothing to do with the attack on Iran, tonight" but warned: 'If we are attacked in any way, shape or form by Iran, the full strength and might of the US Armed Forces will come down on you at levels never seen before.' It comes after Iran warned on Saturday that it would target US, UK or French bases in the region if they shot down missiles heading for Israel.
