Christo Wiese lifts the bar with Virgin Active

Victoria Ashwin talks to Peter Hayward-Butt, CEO of Ethos Capital, about Brait’s latest reported earnings results. Ethos is contracted by Brait as an investment advisor over a 4-year period that started in March 2020. Its advisory fee is approximately R100m per annum and also has a shareholding in Brait of 12.3% which indicates that skin in the game is delivering positive results. We also discuss the value that long-term shareholder Christo Wiese brings to the table and how Virgin Active plans to grow post-COVID with a fresh capital injection of $88.4bn. Furthermore, Premier looks to be building on robust growth despite inflationary and input cost pressures whilst New Look, the UK fashion brand, has also managed to show healthier results with revenue up 58% to GBP875m. Learn more about your ad choices. Visit megaphone.fm/adchoices