News roundup–ASOS opens Facebook store, Coggles secures investment, more


News roundup–ASOS opens Facebook store, Coggles secures investment, more

ASOS has launched a Facebook store that allows customers to shop the ASOS range without leaving the social network.

Transactis has accepted an offer from RR Donnelley for its document services, reprographics and procurement operations. Services for Transactis’s data clients will be unaffected and terms of the deal were not disclosed. As part of this process, all 254 employees may transfer from Transactis to RR Donnelley under the protection of TUPE legislation. It is proposed that the contract and subsequent transfer of employees will complete in March, with a period of transition taking place between April and December.

Camera retailer Jessops had a modestly merry Christmas, delivering a like-for-like sales rise of 3 per cent in the six-week period to 9th January 2011. Total sales over the festive season rose 2.2 per cent

Fashion boutique Sarah Coggles has secured investment from the private equity arm of Pentland Group. The Yorkshire Post writes that the investment, for a minority stake in the business, will enable Coggles.com to grow and expand into overseas markets. It will also allow for infrastructure changes such as larger warehousing facilities and a new London office.

Change Capital, the private equity vehicle of former Marks & Spencer bosses Luc Vandevelde and Roger Holmes, has emerged as a bidder for Bathstore, reports the Guardian. Four other private equity groups are understood to have made an offer for the Wolseley-owned bathrooms and accessories chain.

The Telegraph interviews Jonathan Straight, the chief executive of recycling products company Straight plc, about financing the business.

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