The month at a glance
The stories , topics and trends making headlines in recent weeks .
Mo for run show
Raccoon Events has announced that Sir Mo Farah will headline the National Running Show South , which takes place from 7-8 May at Farnborough International .
The four-time Olympic champion will join other famous faces from the world of running who will speak across the show ’ s two stages including Paula Radcliffe , Steve Cram , Shakira Akabusi , Jenni Falconer , Jo Pavey and Danny Bent .
The event , expected to host more than 10,000 visitors , will feature a Strength Training Zone , an All – Terrain Running Track , Gait Analysis Zone , Trail Running Zone and a Pilates Zone .
The show will host brands such as Adidas , Coros , Hoka One One , Mizuno , Pulseroll , iPRO , Forestry England , Ordnance Survey and Runderwear .
Portfolio director Nathalie Davies said : “ We are delighted that Sir Mo will be joining the incredible speaker line-up and can ’ t wait to showcase some of the biggest talents in the running world .”
Vegfest returns
VegfestUK London will return to Olympia London in the Autumn of 2022 for a celebration of all things plant-based .
After an enforced absence of three years , the longestrunning indoor vegan exhibition will take place from 12-13 November , coinciding with COP27 .
“ Interest is high – and so is confidence . Currently we are receiving lots of enquiries from potential exhibitors ,” said organisers VegfestUK , which also runs online event series Global Vegfest .
“ In addition to growing desire for live events and a hunger and appetite to return amongst exhibitors generally – we ’ ve also witnessed a phenomenal increase in plant-based options in the last few years and with plenty of new vegan businesses eager to exhibit , many for the first time at a major venue like Olympia London . Equally high for many on the agenda is sustainability .”
Hyve to sell Russian business
Hyve Group announced its exit from the Russian market following the invasion of Ukraine .
The London-listed company had thriving businesses in both Russia and Ukraine but saw it ’ s share price drop significantly since the Russian invasion .
The company had 206 staff in Russia , as well as 87 in Ukraine , who they said they have been supporting since the start of the conflict .
In its latest trading update for the six months ended 31 March 2022 , Hyve Group said its latest figures represented “ strong trading ” and reflect a business “ largely returned to a pre-pandemic event schedule ”.
The group said it had delivered revenue of approximately £ 58m in the first half ( 2021 : £ 5m ), excluding Russian revenues of around £ 17m ( 2021 : £ 5m ), underpinned by the reopening of western markets and strong performance across all key performance indicators , including like-for-like customer spend , visitor density and NPS .
Hyve has entered into a conditional agreement with Rise Expo Limited with respect to the sale of its Russian business for a maximum cash consideration of £ 72m , wholly structured as earn-out consideration payable over a ten-year period . In addition , the group expects to have retained approximately £ 10m from the Russian business prior to the completion of the disposal .
06 — May