Shares at HMV plummeted in early trading this morning as the retailer announced it is negotiating with its bankers to change its borrowing conditions. The Guardian reports that the retailer said it would fail to meet parts of a critical loan covenant test next month unless new agreements can be reached.
ASOS has introduced a new element to its website, the Asos Fashion Finder. The complementary platform allows customers to view products from a number of different brands as well as lines not currently available from the main ASOS site. For example, shoppers interested in Kurt Geiger shoes can view the range on the Asos Fashion Finder and click through to purchase the item from the Kurt Geiger website. ASOS will receive a commission of the sale.
From today, the Advertising Standards Authority’s remit covers online advertising communications. The ASA’s rules on misleading ads will now apply to marketing messages on businesses’ websites as well as promotions on social-networking sites, reports the Telegraph.
Share