News roundup—1st May 2008

News roundup—1st May 2008

Vitamins and supplements marketer Healthspan has
acquired rival Healthy Direct in an “eight-figure
deal”, reports The Guernsey Press.

Across the Atlantic, another vitamins and supplements
marketer is making headlines. Herbalife’s president
and chief operating officer Gregory Probert has resigned after
it emerged he never completed his MBA, as stated in his

A strong performance in the second half of the year brought
EBTM’s financials back in line with expectations, reports
SmallCapNews. The online retailer of
music-inspired apparel and accessories, now anticipates to
deliver its maiden profits in the year to 30th April 2008.

Sound Control, a retailer of musical instruments and
music technology equipment, has gone into administration
reports The retailer, which operates
twenty-six stores in the UK as well as websites including and, has an
annual turnover of £50 million and employees a total of
338 staff. The administrators said the business found it
difficult to compete online.


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