MEDIA: BRIEFS - New Telegraph arm exploits e-commerce

The Telegraph Group has announced the formation of a new company, Hollinger Telegraph New Media, to develop opportunities on-line and exploit the e-commerce market in the UK. The Telegraph Group launched the Electronic Telegraph five years ago, and now has a network of 16 web sites. It recently launched handbag.com, a joint venture with Boots aimed at women. The managing director has been named as Hugo Drayton, now marketing director and director of new media for the Telegraph Group.