We are delighted to announce Gareth Meredith’s appointment as Colart Corporate Communications, Learning and Events Manager. Irene Rubio, who has been solely responsible for all of our corporate communications, will move over from the digital team and report into Gareth. Together, they will focus on new and improved initiatives to ensure that all employees continue […]
I’m delighted to welcome Packaging and Artwork to the Shopper Marketing team, with Lawrence, Fatima and Fero moving across with immediate effect. Packaging is a key communication point to shoppers at the point of purchase and we need to ensure that we offer a complete experience to the shopper and this move ensures we are […]
With the completion of the Northern European regional restructuring and the refinement of the Operations Finance structure following the recent departure of Mark Brown, I have taken the opportunity to review our Global Finance reporting structure. This review has concluded that a fully functional reporting model is the optimal structure to enable alignment within the […]
In March we communicated plans to realise synergies across the Northern European commercial activities by creating a single commercial business unit from the four existing commercial business units (covering employees in seven countries). This notice is to update you on the progress of those plans. Consultations completed We have now completed the consultations with all […]
Dear All, Following the recent announcement of a review of the current commercial structure in Northern Europe, the UK & Northern European & International finance teams will be making the following changes with effect from April 1st 2020. Sophie Cooper Poszonyi will become Finance Controller for the Colfag, CCM & Elephant entities Immu Choudhury will […]
Dear all, Following the late 2019 announcements surrounding restructuring of the North American market to create greater local ownership, I am pleased to announce several changes to our internal teams and structure, effective immediately. Amanda Hermann has been promoted to Senior Manager, Account Management & Receivables and will report directly to me. In her expanded […]
On Tuesday 11th February we had the first Town Hall Meeting of the year, live from the Head Office. On the panel were Dennis van Schie, our CEO, Jonathan Spight, our Chief Financial Officer and Richard Llewellyn, our Sustainability Officer. This Town Hall saw everybody from Head Office attending, as well as over 85 people […]
Skype for Business is being decommissioned You might have heard that Skype for Business is being decommissioned, so we are using this opportunity to rollout a new primary communication channel: Microsoft Teams. This channel is already well-known and used daily by many of you. Microsoft Team will be our new collaboration platform Starting from early […]
Glossary of terms Opex – Operating Expenditure (marketing and overheads) Capex – Capital Expenditure (long term assets such as machinery) EBIT – Earnings Before Interest and Tax (our standard measure of profitability) EBITDA – Earnings Before Interest, Tax, Depreciation and Amortisation (a measure linking profitability to cashflow) EAC – Expenses Affecting Comparability (large one-off items […]
Please take a few minutes to have a look at some of the 2019 Shopper Marketing and Colart wide initiatives: https://content.jwplatform.com/videos/vSTBhYO1-gHKvwpyy.mp4 Click here to download the video on The Bank. A big thank you to all those involved in making this happen! Any questions please contact Amelia Macdonald or Catherine Mugnier.
Every quarter, the Technology and Digital Teams, who are under Toby Russell’s lead, are presenting their recent activities and achievements. For this update, we’re looking back at 2019 and all the team’s great achievements. We hope you enjoy these regular updates and if you have any question don’t hesitate to comment on the Intranet or […]
Dear all, Following a comprehensive review of our ambitions and plans for the North American market in the light of our Long-Range Plan we will be making the following changes to the Commercial Team, effective January 1st, 2020. As we further hone our channel driven structure, we will amalgamate the Fine Art Multiples and Fine […]
Dear all, We recently made some announcements regarding the Operations structure in the light of Mark Barratt deciding to leave the company at the end of the year. We would like to update you on how plans are progressing to implement the new structure as follows: With effect from 18 November 2019: Dominique Murzeau as […]
Commentary Glossary : 5+7 Forecast: Full year forecast conducted in August, based on 7 months actual results and 7 months forecast. Also called ‘summer forecast’ A&P: Advertising and Promotion spend AR/AP: Accounts Receivable (money owed to us)/Accounts Payable (money we owe) EAC: Expenses Affecting Comparability (i.e. one-off, non-repeating costs/income) EBIT: Earnings (profit) before interest and […]
As part of the recent communication regarding the IT Business Continuity Management initiative it is important that everybody understands the reason why we are doing this and why it is so important for us to communicate to the business any major outages that may occur. As an outage will likely impact services and business processes, […]
As part of the roll out of our new business analytics tools, we are planning on decommissioning Cognos and related Cognos Reports. This is in line with the objectives set by the business to have “one source of the truth” and to enable consistent reporting throughout Colart. User access to most versions of Cognos will […]
