Findel sells IWOOT and Confetti to Hut Group
Findel is selling CWIO's Confetti Network and iwantoneofthose.com to Metro Holdings part of The Hut Group for £0.6m.
Findel says IWOOT is the UK's leading online retailer of gadgets, gifts, toys and games while Confetti is recognised as a leading wedding brand and is a leading multi channel retailer and media content provider in the bridal arena.
In its accounts for the period to 2 April, CWIO reported an operating loss from continuing operations of £3.6m and a statutory pre-tax loss of £13.8m.
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