Online & Digital
The latest news, updates and analysis on the online and digital segment of the the UK retail industry. Sign up to the Daily Briefing and let Retail Sector’s business journalists keep you in the picture.
Asos profits nosedive 68% in full-year results
Online fashion retailer Asos has reported a 68% decrease in profits before tax to £33.1m, during the year to 31...
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New PSD2 measures could see one third of shoppers abandon purchases
One-third (32%) of European consumers say they would rather cancel their online purchase and go elsewhere than go through the...
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Notonthehighstreet sees operating profits double in full-year results
Online gifts retailer Notonthehighstreet saw its operating EBITDA profits increase to £3.1m in 2019, from £1.7m the previous year. The...
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Toys R Us partners with Target to relaunch website
Collapsed toy retailer Toys R Us has relaunched online after its owner TruKids announced a partnership with American retail giant...
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Boohoo revenues spike 43% in half-year results
Online clothing retailer Boohoo has seen its revenues skyrocket by 43% to £564.9m for the six months to 31 August...
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Online retail sales drag in August
Retail sales in August saw low growth of just 3% year-on-year according to the latest IMRG Capgemini eRetail Sales Index,...
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Boohoo raises FY guidance after sales come in ‘ahead of expectations’
Online clothing retailer Boohoo has raised its full-year guidance after it reported sales for the first half of the year...
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Shop Direct adds Topshop and Topman to its offering
Shop Direct, the digital retailer and financial services provider, has added Arcadia’s Topshop and Topman to its portfolio of more...
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Ideal Shopping Direct wins ITV contract
Multi-channel retailer Ideal Shopping Direct has secured a deal to air its two flagship home shopping channel brands on ITV’s...
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Farfetch acquires parent company of Virgil Abloh’s Off-White for £556m
Farfetch has acquired the New Guards Group, the parent company of luxury streetwear brand Off-White, in a £556m deal. The...
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LATEST HEADLINES
Conservatives pledge business rates review
The Conservative Party has pledged a business rates review which aims to "reduce the burden" on UK businesses, as...
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