QVC, H.O.T. running close race to profitability in Germany

Article Abstract:

Shopping channels H.O.T. and QVC Inc are running a close race in terms of profitability as they continue to turn out an impressive performance in the German market. QVC had sales of $110 million while H.O.T. made a pre- tax profit of $11 million for 1999. QVC's biggest single seller is jewelry, with 60% of the products sold by the firm being sourced from German suppliers.

QVC Inc.

---

LetsBuyIt.com mounts a comeback

Article Abstract:

Dutch online merchant LetsBuyIt.com raises $72 million and begins its recovery from near bankruptcy.

Netherlands, Telegraph & other communications, Company Data, Letsbuyit.com

---

Germans break ranks, back country-of-destination law in Internet transactions

Article Abstract:

The German Direct Marketing Assn has endorsed the application of country- of-destination criterion in international electronic-commerce transactions. The German DMA's opposition puts it in opposition to the US, the UK and, to some degree, the European Commission. The assn justifies its position by saying that only the country-of-origin law can give the consumer adequate protection.

Government regulation (cont)

Similar abstracts:

• Abstracts: YouthStream acquisition adds 3 million names in target market. Compaq buys Inacom, expands Direct
• Abstracts: DoubleClick goes 'bargain basement' with lower traffic sites. Idealme.com put consumers in touch with plastic surgeons
• Abstracts: Grey Direct acquisition moves agency toward one-stop global DM shop. R.R. Donnelley buys CTC Distribution Direct
• Abstracts: Motivation Online finds $200 offer was really not too motivating. Direct mail cigarette sales are smoking
• Abstracts: Ziff's new consumer-travel title builds on past circulation success. dads mail campaign draws subscribers to new magazine

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.