News roundup—5th June 2008


News roundup—5th June 2008

The latest in the continuing saga of Staples’ hostile
takeover bid for rival office supplies giant Corporate
Express: The former bought more than 22 million shares of the
latter, giving it a 12.3 per cent stake in Corporate Express,
reports Bloomberg.com.

ITPro looks at Findel’s ongoing
implementation of a single-source product database for all its
brands, which include Confetti, The Cotswold Company and
Letterbox. The new architecture is scheduled to go live
in August.

Financial Times profiles Yoox.com,
the online purveyor of discounted designer fashions, which is
weighing an initial public offering next year.

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