Findel has confirmed rumours that it is in talks to sell its healthcare division NRS. Formerly known as Nottingham Rehab Supplies, NRS supplies daily living aids, such as bath seats, walking frames, and bariatric equipment.
The cold autumn weather helped sales heat up at Superdry. Revenues for the half-year at parent company SuperGroup increased 16.2 per cent to
£158.2 million, while total UK sales for the first six months grew 26.5 per cent to £92.4 million with like-for-like sales up 3.9 per cent. However, because of supply problems last year, SuperGroup admitted the rise was against “soft” comparables.
The Telegraph reports that Ocado’s head of non-food is leaving the grocer after 18 months in the job. Simon Belsham is understood to be rejoining Tesco in a “prominent” new role.
Morrisons delivered lower than expected sales during the third quarter, recording a like-for-like decline of 2.1 per cent (excluding fuel) in the quarter to 28th October. The supermarket recently unveiled its first foray into online selling with the launch of its wine offering, Morrisons Cellar.
OneStopPlus.co.uk, the plus-size apparel website operated by Redcats has been replaced by sister company Castaluna.co.uk. Redcats acquired
Castaluna.com, a French online retailer of plus-size apparel in November 2010.
Net revenues at Italy-based online retailer Yoox soared 30 per cent to €266.1 million (£212.3 million) in the nine months ended 30th September. Earnings were also up 34.4 per cent to €15.9 million (£12.7 million) during the period. Yoox, which powers sites for brands such as Pringle of Scotland and Armani alongside its own multi-brand websites, attributed the growth in profit to improved operating efficiencies brought about by its new global logistics platforms and the greater contribution of web marketing activities.
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