Dragons’ Den panellist Theo Paphitis has joined the board of Marvel Entertainment.

Having previously revived retail brands including Ryman the Stationer and the Contessa and La Senza lingerie chains, Paphitis will be overseeing the development of Marvel’s interests in Europe from September.

“I’ve always said that business should be fun and joining the advisory board of Marvel is certainly that,” said Paphitis. “Having loved Marvel’s comics, films and merchandise, I now find myself sharing them with my children and grandchildren.

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Dragons’ Den entrepreneur Theo Paphitis is reported to be considering bidding for failing high street chain, Woolworths.

Administrator Deloitte, has confirmed that it has had ten serious offers for the chain.

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Igloo. A refrigerated delivery service who asked for £160,000 in return for 8% of their company.

Anthony Coates-Smith & Alistair Turner chances looked slim at first as Peter Jones accused them of having frozen brains for valuing their company at £2 million. however it became apparent that the mens proposal could be a profitable one as a bidding war ensued amongst the Dragons.

Duncan Bannatyne made the first offer of £80,000 for 20%, swiftly matched by Richard Farleigh, who brought the equity down to 15%.

Deborah Meaden and Theo Paphitis tried to undercut them with a bid for 12.5%, followed by Peter Jones, who had clearly warmed to the business.

He offered all the money for 30%, but in the end it was Richard who clinched the deal by suggesting that he and Duncan offered half each for a total of 22.5%.

After a quick chat at the back of the den, Anthony and Alistair chose to go with Richard and Duncan’s offer and secured the £160,000 they needed to expand their business to two further UK locations.