News Corp NWS NWSA announced today the acquisition of
a luxury shopping website in the United Kingdom that two of its leading
publications will help to promote in a new digital venture.
News UK, a News Corp subsidiary, has acquired Handpicked Companies Limited,
owner of The Handpicked Collection - a flourishing online retailer with a
carefully selected range of expertly sourced products. The Handpicked
Collection (www.handpickedcollection.com) was named "Retailer of the Year"
in the "Gifts" category by the Online Retailer Awards in 2013.
The Handpicked Collection, which launched in 2007, will continue to target
its existing consumer markets but the acquisition means that its offers will
reach an even wider audience with promotion through News UK publications The
Times and The Sunday Times. Research shows that 2.7 million of the titles'
readers bought online in the past six months and over a fifth of readers of
The Times/The Sunday Times make non-grocery purchases online at least once a
week.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in