Adili founder Adam Smith and business partner
James Akin-Smith have purchased the assets of cataloguer/etailer
Spirit of Nature and relaunched the business. A
website was soft-launched yesterday to sell a selection of
eco-friendly nappies and other environmentally friendly household
goods. At its height, Spirit of Nature had turnover of £1.5
million and Smith aims to nurture the business back to health.
His first priorities are to get the business restocked, introduce
new products-such as an enhanced womenswear and gift range, and
make improvements to the efficiency of the fulfilment and
customer services departments.
The Financial Times interviews Dame Margaret
Barbour, crediting her for transforming Barbour
from a “mail-order retailer of oilskins for lighthouse
keepers and outerwear for motorcyclists into a quintessentially
English brand”.
HGI, a US-based cataloguer of medical supplies
for the chronically ill, has been sold to buyout arm of Goldman
Sachs and the private equity firm of Clayton, Dubilier & Rice in
a deal worth $850 million, reports the Financial Times.
Straight plc, a supplier of waste and recycling
solutions to local authorities and general businesses as well as
a direct-to-consumer business, today reported on “six
months of solid financial performance”. As of 30th June,
Straight had cash balances of £1.8 million, up £200,000
on the previous six months.
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