Richard Branson sues train partner for £180m in Virgin brand dispute March 8, 2021 Sir Richard Branson is suing a former US partner for $250m (£180m) over its decision to drop the Virgin name from its trains due to a perceived decline in brand value. Virgin and Brightline inked a 20-year licensing deal in 2018 that allowed the American company to rebrand trains on its service as Virgin Trains [...]
Weightlifting: Virgin Active shareholders ‘set to inject’ £65m to see firm through pandemic February 11, 2021 Virgin Active shareholders are considering plans to inject £65m into the global gym chain as treadmills stand still during the pandemic, according to reports. Investors have tabled a proposed rescue package to lenders and landlords that would see them providing millions in funding over the next few months, Sky News reported. Landlords will likely be [...]
The Phone War October 25, 2005 Richard Branson and Charles Dunstone lead our troops into battle over mobile networks in France. Precisely 200 years after Nelson’s victory at Trafalgar, a new Anglo-French battlefront has opened up, this one over mobile telephone networks. Sir Richard Branson is leading the troops in this latest skirmish. Yesterday, he announced a joint venture with Carphone [...]