News roundup—30th July 2008

News roundup—30th July 2008

Koert Tulleners was promoted to chief executive of Otto
UK, effective 1st September. He joined the multititle mailer,
whose brands include Freemans, Grattan and Oli, in
1994 and most recently served as managing director of Otto
International in Asia. He replaces Mike Hancox, who announced his
resignation in June.

Home goods retailer Dunelm Group has acquired bedding retailer/cataloguer
Dorma from Dawson International for £5
million. For the most recent fiscal year, Dorma had lost
£2.1 million on sales of £44.8 million. Dunelm
operates 89 Dunelm Mill stores and a website.

Next reported a 2 per cent rise in first-half
sales for its catalogue and online division. Guidance had been
from flat to up to 2 per cent. Like-for-like full-price store
sales were down 6 per cent. “We remain very cautious about
the outlook for the second half and can see no reason for any
improvement in consumer spending, indeed, the economic risks
appear to us to be on the downside,” said a company

Apparel retailer/cataloguer White Stuff enjoyed a
A 46 per cent rise in sales for the fiscal first quarter ending this
month, to £12 million. Like-for-like retail sales rose 15
per cent, while online sales soared 78 per cent. In part because of
this sales uptick, according to The Telegraph, company founders George
Treves and Sean Thomas have cancelled their search for outside

Kettlewell Colours, a catalogue and web seller of
women’s T-shirts, gets top marks in The Telegraph’s “Good buy
guide” column.


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