A new book which lifts the lid on the high-profile collapse on infamous sports and high-fashion e-tailer Boo.com hit shop shelves on Thursday.

Entitled "Boo Hoo: a dot com story from concept to catastrophe", it has been written by Ernst Malmsten who, along with the glamourous Kajsa Leander, was a business partner in the internet enterprise that collapsed amid a wave of publicity last May.

The book charts the company's rise and fall and reveals how in just two years the firm managed to burn through $130 million of investors' money. It also tells of endless rounds of raising finance, glamorous parties, staff clashes and bitter sparring with the press.

Co-written by Erik Potanger, a journalist from New York's Wall Street Journal, the book is described in a press release as "the first major casualty of the internet age".