Response handling and fulfilment firm Orbital
has acquired some of the assets of craft supplies cataloguer
Readicut on 15th June from the administrator.
Orbital had been operating Readicut’s outsourced fulfilment for
the past three years and was the business’s main creditor when it
collapsed. Orbital is currently operating Readicut’s website and
is preparing autumn catalogues. It plans to stabilise and
evaluate the business and its prospects before deciding whether
to continue trading or seek a buyer.
As part of its strategy to offer a broader range of products,
Flying Brands is entering the personalised card
market following a deal with online retailer
Hephalump.com. Print-on-demand business
Hephalump will provide the software, manufacturing and fulfilment
for the new venture, allowing Flying Brands customers to purchase
personalised cards via the Flying Flowers and
Flowers Direct websites. In a reciprocal
arrangement, Hephalump will start selling Flying Brands’ flower
bouquets on its site. Flying Brands first entered the greetings
card market with the acquisition of Greetings
Direct in 2006. It shuttered the operation
two years later.
According to reports, French luxury goods and retail conglomerate
PPR is close to acquiring Italian tailor
Brioni for €350 million (£309
million). If the deal goes ahead, explains Reuters, PPR would be better placed to sell
its Redcats mail order division to focus on the
luxury side of the business.
Sporting goods retailer Kitbag has secured a
deal to manage Sunderland Football Club’s three shops and its
online and mail order stores from June 2012, writes the Manchester Evening News.
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