Complementing its discount apparel offering, cataloguer/online retailer M and M Direct has expanded into the voucher market. Using an affiliate marketing model, the retailer launched mandmvouchers.com, a site where consumers can access discount codes for retailers including Argos, Dixons, Lovefilm, Jessops and more.
Following its acquisition of UK footwear etailer Rubbersole earlier this year, France-based Spartoo is forecasting turnover of €100 million (£87 million) in 2011, up from €60 million in
2010. Spartoo is active in 20 countries, including France, Germany, Spain, Italy, the Netherlands and the UK, with each website localised for its target market including local language and delivery options.
Net sales at Amazon increased 44 percent to $10.88 billion (£6.79 billion) in the third quarter, compared with $7.56 billion in the same period 2010. However, operating income plunged 70.5 percent to $79 million (£49.3 million), compared with $268 million in third quarter 2010 as expansion into new European markets and new products impacted on profits.
Share