The $67 million investment in Allopneus will help Michelin better understand online tire buyers, the tire maker says.
LenoxCollections.com is adding an online bridal registry and Collectible Concepts is offering a new online mall for movie fans.
Two collectibles sites are expanding.
LenoxCollections.com is opening a bridal boutique. In addition to gifts, the site also will feature keepsake items for the wedding ceremony and reception. LenoxCollections.com is the e-commerce site of Lenox Collections, based in Langhorne, PA, retailer of gifts and collectibles.
Doylestown, PA-based online retailer of licensed products Collectible Concepts Group Inc. is launching MovieFanMall.com to offer collectible movie items. It will features products from Spiderman, Lord of the Rings and Austin Powers and other movies for which it holds licenses to create products. In addition to its proprietary products, Collectible Concepts plans to add products from other licensed manufacturers. It says many of those companies whose products it will sell have little or no Internet presence. Collectible Concepts also will sell space in its virtual mall to manufacturers. While in discussions with other manufacturers, Collectible Concepts has no deals yet, the company says.
"MovieFanMall marks our first entrance into the high-margin, online retail sector," said Paul S. Lipschutz, CEO of Collectible Concepts Group. “The site is designed to build distinct, new revenue streams and achieve margins of 60-70%, contributing to CCGR`s rapid growth objectives."
Collectible Concepts also plans to offer online movie reviews and news regarding the release dates of DVDs and videos, and searches for movie show times and theaters.