Feeds

Ready2Shop till your VC drops

Harrods gambles on future

  • alert
  • submit to reddit

Internet Security Threat Report 2014


Fourteen staff at Ready2Shop.com received redundancy pay-outs on Friday in a bid to cut costs at the fashion site. The outfit is now being run by a skeleton staff of just five people. The founders of the multimedia content company, Trinny Woodall and Susannah Constantine (above), said they would continue with their offline media activity.

In a statement, the founders said: "It's very frustrating that stock market sentiment makes it impossible to distinguish between great web sites which add value and understand the need to entertain people and those that simply mimic the consumer experience in other channels."

They added: "We don't blame anyone for what's happened, it's an issue of timing."

Reg fashion tip: With business sense like this, expect to see more dotcommers wearing black armbands.



Britain's biggest corner shop - Harrods - is opening an online casino to tease out even more cash of its punters. The store has teamed up with Gaming Internet plc to operate the casino under the Harrods brand name.



David Sanderson, Chief Executive of Gaming Internet , said: "Our operational expertise, the integrity of the Harrods brand and the anticipated quality of the customer base will, I am sure, make the Harrods Casino a good bet for success." Ah yes, but for whom?



Totalise, the ISP-cum-online car dealer-cum wannabe e-bank, joins AIM today, raising £2m in cash and - ominous phrase this "guaranteed bank facilities". In fact only £817,000 was in equity money, the rest is guaranteed by Dr. Peter Gregory, the company's founder. Totalise said it had sold £15 million worth of cars through its carsTotalise operation. It is also keen to develop an online bank - but with a market cap of just £8.7m, it's difficult to see how.




Cambridge-based Net security outfit - nCipher plc - reported an operating loss of £2.2 million for the nine months to September 30 despite running up revenues of £9.1 million over the same period. In the last quarter the company completed its IPO on the London Stock Exchange, raising £100 million net of expenses.




Online Travel Corporation plc has acquired Viva Travel Dun Laoghaire Limited via wholly owned Irish subsidiary for IR £184,000 (UK£140,000) in cash and shares. Viva is a fully licensed travel agency based in Dublin and will change its trading name to the "Online Travel Company". ®



You know you love it. Go here and find out why.

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
Microsoft EU warns: If you have ties to the US, Feds can get your data
European corps can't afford to get complacent while American Big Biz battles Uncle Sam
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
prev story

Whitepapers

Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.