Lyco Direct, a business-to-business catalogue of
lighting and related accessories, is launching a consumer website
after increased demand for household light fittings. Consumers
can now shop for domestic lighting and interiors through
Lightingforhomes.co.uk.
Notonthehighstreet.com has secured £7.5
million in investment from Index Partners. The funding will
enable notonthehighstreet.com to expand the team, enhance the
website and to invest in “other initiatives to improve its
offering to partners and customers” said a company release.
Cofounder Holly Tucker was interviewed by Sky News about her flourishing business and
about securing funding from private businesses as opposed to
banks.
Catalogue group Redcats will be sold “when market
conditions are right” PPR chairman Fran�ois-Henri Pinault.
He told the Financial Times: “There is no need to
hurry. Because of their excellent performance, I am not going to
sell [Redcats, Conforama and Fnac] off at a bargain price”.
In the first half of this fiscal year, PPR saw sales from
continuing operations rise 3.6 percent to €8.14 billion.
Sales at Redcats fell 1.9 percent to €1.70 billion during
the period compared with the first half last year.
Christian Robinson is to step down from his role as managing
director of gifts and gadgets etailer Firebox.
He will be succeeded by Paul Zimmerman, former head of business
development at Play.com who joins the company on
6th September. Robinson moves to join maternity fashion label
Tiffany Rose, founded by his wife Tiffany
London. He will also remain on the Firebox board in an advisory
capacity.
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