020 7432 8855 to advertise
Amazon has unveiled its first phone handset, which will feature 3D visuals with four face-tracking front-facing cameras.The user can scroll and access menus by tilting the device, similar to the gesture controls in the Samsung Galaxy range.The basic model will cost $199 and bind consumers into a two year deal...
Mike Ashley’s Sports Direct International has bought a 4.8% stake in flash sale site MySale Group. In a statement, Sports Direct said: “Sports Direct looks forward to developing its relationship with MySale, including the potential to co-operate on significant collaboration and joint venture opportunities in Australasia and Asia.“This partnership approach...
A new chain of stores due to open in 300 UK railway stations will create 3,000 jobs, according to its founders. Travelex founder Lloyd Dorfman and Network Rail are investing in a joint venture to capitalise on the growing click and collect market.The new firm, Doddle, has already signed up...
The owner of electronics retailer Maplin is in talks with UK-based turnaround specialist Rutland Partners to sell the group, according to reports.Private equity firm Montagu Private Equity is thought to be close to agreeing a deal with Rutland worth approximately £80 million.Maplin employs roughly 2,000 people across 200 stores and...
A fan site dedicated to Swedish furniture giant Ikea has been told to remove advertising from its pages or face legal action.IkeaHackers.net, which was set up in 2006, features ideas for customising products bought at the retailer, is allowed to maintain its name under an agreement reached with Ikea’s legal...
Supermarket chain Morrisons has confirmed reports that it is planning to cut 2,600 jobs in order to reduce its management levels as part of a plan to streamline its business.The former chairman, Sir Ken Morrison, told the BBC that the announcement was "very disappointing" and that a more hands-on approach...
Hennes & Mauritz (H&M) said that a “well-received” spring collection led to sales rising almost 20% in May. For the second quarter, the Swedish fashion giant said that pre-tax profit rose to 7.6 billion Swedish kronor (£670m; $1.1 billion).In the period, the group opened its first shop in Australia to...
One of the world’s largest online travel sites has announced that it will start accepting virtual currency Bitcoin as a form of payment.Although plagued by a number of recent security concerns and the collapse of some key currency exchanges, Bitcoin is beginning to be accepted by an increasing number of...
Irish carrier Aer Lingus has said that operating profits are likely to be up to 20% lower than the previous year following a strike last month by cabin crew and the threat of future walk outs which hurt bookings.In a statement, the airline said: “Aer Lingus welcomes the indication given...
Majestic Wine has said that it is preparing for 2015 to be “a year of increased investment” after reporting a 1.4% rise in sales despite a “challenging” financial year. Although like-for-like sales in the UK fell 0.1% in the 52 weeks ended March 31st, market share increased 0.1% to 4.2%.Highlights...
Why not sign up for daily news emails?
