Whatafind, which sells high-end clearance stock
online, has received an undisclosed investment from Eden Ventures
and angel investors Mark Zaleski and Robert Dighero, who were
both formerly executives at online auction site
QXL.
Like-for-like sales at Argos for the second
quarter were down 5 percent. Overall in the first half of the
fiscal year to 28th August, like-for-like sales were down 6.5
percent to £1.81 billion. At sister company
Homebase, second quarter sales were flat, and
first-half sales were marginally down (0.8 percent) to £855
million.
Electronic components firm Premier Farnell
announced that group sales for the second quarter grew 29.6
percent year-on-year. In the first half ended 1st August, revenue
rose 25 percent to £388 million, whilst operating profit
increased by 50 percent to £34.1 million.
Luxury-fashion etailer Net-a-Porter.com has
hired Esquire editor-in-chief Jeremy Langmead as
editor-in-chief for its new menswear site Mr
Porter.
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