After two years of expansion and increasing revenues, Mad Paws predicts earnings before interest depreciation and amortisation from operations will break even in mid-2023.
Advanced tech news - virtual hearings here to stay , the EU targets big tech, DWF advises Ocado
21 January 2021
Advanced tech news - virtual hearings here to stay , the EU targets big tech, DWF advises Ocado
A round-up of the latest technology law news, commentary and deals in our sister title, The Robotics Law Journal
Virtual hearings are ‘here to stay’ but one size does not fit all A report by KPMG and Baker Mackenzie based on a survey of 250 private practice lawyers, judges, arbitrators, barristers and clients reveals the profession is positive about the benefits of virtual hearings, despite concerns over concentration levels and witness coaching. “The success of virtual hearings is a silver lining of the pandemic – they are an invaluable resource and should be continued,” said Ben Newton, a barrister at Doughty Street Chambers.
Direct-to-consumer pet supplies company Paws has acquired Ocado’s online petfood store Fetch.
Paws Holdings – which operates Pet-Supermarket.co.uk and PetMeds.co.uk in the UK and Medicanimal.com in Continental Europe – said the purchase was part of its strategy to become the “number one dog and cat wellbeing business”.
The acquisition – the terms of which have not been disclosed – will take the total number of customers across the Paws brands to 500,000 and gives the company a combined pro forma turnover in excess of £55m.
“By bringing Fetch into the Paws family we will become a business of sufficient scale to disrupt a market that is currently dominated by players who are only interested in shifting as much food as profitably as possible, regardless of whether this is the best food for the dog or cat that it is being bought for,” said Graham Coxell, chairman of Paws Holdings. “We think our customers, who see their pets as part of their families, want and dese