国产偷拍 Announces Acquisition聽Of UK Luxury Shopping Website
NEW YORK, NY (April 9, 2014) 鈥 国产偷拍 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 国产偷拍 subsidiary, has acquired Handpicked Companies Limited, owner of The Handpicked Collection 鈥 a flourishing online retailer with a carefully selected range of expertly sourced products.聽The Handpicked Collection () was named 鈥淩etailer of the Year鈥 in the 鈥淕ifts鈥 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.聽Research shows that 2.7 million of the titles鈥 readers bought online in the past six months and over a fifth of readers of聽The Times/罢丑别听厂耻苍诲补测听罢颈尘别蝉听make non-grocery purchases online at least once a week.
“Quality of engagement with readers is crucial in the digital age, and this acquisition helps to strengthen that bond through the development of a new retail platform that leverages the reach of our popular mastheads in the UK,” said Anoushka Healy, Chief Strategy Officer of 国产偷拍. “This strategic initiative also allows us to take further advantage of the incredibly swift growth of ecommerce, which is evolving even faster thanks to the proliferation of mobile devices.”
鈥淲orld class journalism will always be at the heart of the News UK offering, but as part of our business development strategy we are eager to seek out opportunities to deliver added value to our loyal readers,鈥 said Mike Darcey, CEO of News UK.聽 鈥淭he quality of the goods offered by The Handpicked Collection are a natural fit for the audiences of聽The Times聽补苍诲听罢丑别听厂耻苍诲补测听罢颈尘别蝉听and this acquisition will enable us to build ever deeper relationships with them.鈥
鈥淥ur team is delighted to have the opportunity to develop new and innovative retail propositions with the News UK team,鈥 said Will Miller, CEO of The Handpicked Collection.聽鈥淭he possibilities are vast, and backed by the UK鈥檚 leading national newspapers we believe this opens up an incredibly exciting evolution in the e-commerce marketplace.聽 The team have worked extremely hard, bringing together their diverse expertise and creativity to build the company up from the simple idea it was in 2007, to what it is today.鈥
The online shopping market continues to boom with double-digit annual growth and the popularity of e-commerce is expected to soar over the coming year, with $178 billion forecast to be spent online in the UK in 2014.
Today鈥檚 announcement follows several other digital initiatives being undertaken by聽The Times聽in the UK, including:
- Times Wealth Management Services聽offering readers the opportunity to invest in a range of products such as ISAs, SIPPs, funds and Investment Trusts, together with access to expert advice and all at competitive rates (launched March 2014)
- Times Currency Services聽for highly competitive international currency transactions (launched October 2013) at聽www.timescurrencyservices.co.uk
- Times Tutorials聽which helps parents assist their children with their studies at a fraction of the private tutoring costs (launched September 2013) at聽www.timestutorials.co.uk
###
国产偷拍 国产偷拍
国产偷拍聽(NASDAQ: NWS, NWSA; ASX: NWS, NWSLV)聽is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content to consumers throughout the world.聽The company comprises businesses across a range of media, including: news and information services, cable network programming in Australia, digital real estate services, book publishing, digital education, and pay-TV distribution in Australia.聽Headquartered in New York, the activities of 国产偷拍 are conducted primarily in the United States, Australia, and the United Kingdom. More information:聽.
Contact:
Ashley Huston
国产偷拍
212-416-2025
ahuston@newscorp.com
@ashleyshuston