Sex-toy etailer Lovehoney has bought the domain
name of online lingerie seller BeCheeky out of
liquidation. BeCheeky ceased trading in March, signing off in a
tweet to its followers that said “Thanks to all our
customers, suppliers and affiliates – good luck everyone &
goodbye!” The company had been suffering financial
difficulties for the past few years.
Hiho, a jeweller business specialising in
silver, has fallen into administration. According to a statement
on its website, the directors were able to acquire certain assets
such as the website and have formed a new company that trades as
Hiho 2011. Its 14 stores have all closed down.
Four pages in preppy apparel retailer Jack
Wills‘ spring catalogue have been banned by the
Advertising Standards Authority for showing images of naked
teenagers. The ASA upheld 19 complaints objecting to the
“offensive and unsuitable” ads. The ASA said that one
of the images in particular was “overtly sexual in
nature” and presented “a risk to younger
teenagers”.
Hayloft Plants, a mail order seller of new and
unusual plants, has appealed to its local MP to campaign to
reduce the threshold of Low Value Consignment Relief (LVCR) to
£7. The government announced that from November, shippers
based in the Channel Islands will be able to sell goods with a
value of £15 or less without charging VAT, a £3
reduction on the current rate of £18. But Derek Jarman told
the Evesham Journal that more needs to be done to
curb “unfair competition”.
In a pre-close trading update, electronic components distributor
Electrocomponents said group sales had grown
approximately 17 percent in the year to 31st March, with the
international business growing by around 20 percent and the UK by
approximately 10 percent. As a result, sales for the full year
will exceed £1 billion for the first time in the company’s
history. Profits will also be slightly ahead of
expectations.
JD Williams, the multititle cataloguer part of N
Brown group, has installed software to help better manage the
volume of catalogues it sends customers and increase the
effectiveness of marketing spend. Following a successful trials,
JD Williams is licensing Contact Calculus, a software tool
developed by TCP Marketing Solutions.
Ecommerce services provider Snow Valley has been
acquired by MICROS-Fidelio UK, a wholly owned subsidiary of
US-based MICROS Systems, a provider of IT systems for the
hospitality and retail industries. The deal sees MICROS expand
its services into the UK and Europe and will see it bring its
Open Commerce Platform to the European market.
Readers of the Evening Standard will have seen an article
yesterday about Max-Cap, an online seller of
hats for larger heads.
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