Harriet Green, chief executive at Premier
Farnell since 2006, is joining travel company
Thomas Cook as chief executive at the end of
July, succeeding Sam Weihagen. Laurence Bain takes over from
Green as chief executive of Premier Farnell, effective 12th June.
Bain joined the business in 2002 as chief operating
officer.
Seven former directors of Farepak, Sir Clive
Thompson, Neil Gillis, Michael Johns, Paul Munn, Stevan Fowler,
William Rollason and Nicholas Gilodi-Johnson, have begun High
Court proceedings with the Insolvency Service, which wants to ban
them from being company directors following the collapse of the
Christmas hamper savings club, writes the Financial Times.
Delivering its financial results for the financial year to 31st
March, RS Components owner
Electrocomponents announced a 7 per cent rise in
revenues from £1.18 billion to £1.27 billion. Pretax
profit was also up 7 per cent, from £114 million to
£122.3 million. The UK division performed well with a sales
growth of 3 per cent, but the real bright spot was international,
were revenues were up 9 per cent contributing to more than 70
per cent of group sales.
Marking its first foray into own-brand products,
Dixons-owned Pixmania.com has
launched a collection of jewellery named Rose & Kara. The move is
part of the pan-European etailer’s continued expansion, which saw
its product range grow to encompass watches and sporting goods
last year. In total, Pixmania now stocks 20 different product
categories.
Nick Robertson and six other ASOS directors have
been awarded £66 million in a share incentive programme,
writes the Telegraph.
Nursery products etailer Kiddicare has seen
online sales grow 20 per cent in a four month period thanks to
adding IBM analytics software to its existing IBM eCommerce
infrastructure. Using the software to mine the large volume of
data it collects and analyse customer behaviour, Kiddicare was
able identify new sources of revenue, create appropriate customer
incentive initiatives and put in place more effective marketing
and communications strategies. After just four months, the basket
value analysis showed an increase of almost 50 per cent in the
number of items per order.
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