News roundup–Moonpig, Seasalt, Cocosa


News roundup–Moonpig, Seasalt, Cocosa

Mohamed al-Fayed, the former owner of Harrods,
has bought private-sales website Cocosa from
Bauer Media for an undisclosed sum.

The Mail on Sunday talks to
Moonpig.com founder Nick Jenkins about what he
will do after selling his online greeting-cards business.

Cornwall-based apparel brand Seasalt has
invested in a £1 million purpose-built warehousing facility,
funded by Clydesdale Bank. The new 25,000 sq ft building replaces
six smaller units and creates 20 new jobs.

Beauty and cosmetics retailer SpaceNK reported a
rise of 5 per cent in like-for-like sales and total sales of
almost £50 million in the year to 26th March. Profit before
one-off charges was up 40 per cent from £1 million to
£1.4 million, writes the Observer.

Apparel retailer and wholesaler Weird Fish will
see sales grow to £14 million this year, compared with
£12 million last year, managing director John Stockton told
the Telegraph. Last year, Stockton secured
£8 million from venture capital firm Piper to fund a
management buyout.

Garden Centre Group, formerly known as
Wyevale, is being put up for sale by Lloyds
Banking Group, reports the Mail on Sunday.

Next plc has sold its contact centre business
Ventura to Capita Group for £65 million. Ventura has around
8,000 employees, mainly in Yorkshire, Cardiff, Milton Keynes and
Pune, India, who will transfer to Capita.

The Telegraph ponders whether
Ocado’s space constraints are anything to worry
about, and what the long-term prognosis is for the online
grocer.

Nathan Clark, great-grandson of the founder of
Clarks and creator of the bestselling desert
boot, has died. The Guardian writes his obituary.

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