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The Latest Breaking News from AlixPartners

Too few retail execs have the chops to be CEO anymore

Retail boards are struggling with fewer prospects to fill the corner office.

Fortune

Cost of living crisis has closed more pubs and restaurants than Covid

Experts said the mass closures was largely due to rampant cost inflation, particularly through rising energy bills

Wales Online

Corporate execs are increasingly "paralyzed" with anxiety

Companies haven't been this risk-averse since the pandemic started.

Axios

From analysis to the latest developments in health,
read the most diverse news in one place.

Cineworld Nears Bankruptcy as Theater Comeback Lags

Cineworld Group PLC, the owner of Regal Cinemas, is preparing to file for bankruptcy within weeks after struggling to rebuild movie-theater attendance from pandemic lows, according to people familiar with the matter.

Bangkok Post

Electric Car Prices Spiking Due To Rising Costs And Demand

As demand for a product grows and materials become scarce or difficult to acquire, prices rise. Research puts the average price of a new EV at $54,000.

InsideEVs

AlixPartners warns Wall Street's 2023 auto industry profit expectations are 'heavy lift'

A consulting firm is warning Wall Street that an expected growth in profits for the automotive industry in 2023 may not come to fruition even as volumes increase from an extended semiconductor shortage.

Tribune News Service

One pub shuts every two hours as more closures likely due to staffing and supply issues

Research by consultants CGA and AlixPartners found that 106,000 pubs, restaurants and other licenced premises have been closed since the start of the Covid pandemic

Daily Mirror

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How automakers are rethinking supply models amid war, pandemic, earthquakes

The global auto industry just can't catch a break: automobile wire harnesses made on picnic tables because of a war in Ukraine, semiconductor plants halting production from an earthquake in Japan and backed-up ports in China amid rising COVID-19 cases are straining vehicle supply chains — again.

Tribune News Service

Teneo Launches Financial Advisory Business in the Middle East

New York-based Teneo said on Monday it was launching a financial advisory business in the Middle East. The company has hired restructuring veterans Matthew Wilde and Elie Fakhoury from AlixPartners, it said, Reuters reported. Wilde was involved in the restructuring of Dubai builder Arabtec and hospital operator NMC healthcare, while…

Asharq Al-Awsat

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