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.
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Jan- 2021 -18 January
Barclay family mulls £3bn Very Group float
The Barclay family is reportedly eyeing up a £3bn float of online retailer Very Group, according to reports from Sky…
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15 January
N Brown sales continue to recover in Q3
N Brown has seen group revenue continue to improve in FY21. Though revenue was down by 8.8% in its third…
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13 January
Asos sees UK sales soar by 36%
Asos has revealed that revenue growth for the four months ending in 2020 has ”surpassed expectations”, with the store now…
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12 January
The Hut Group revenue soars ahead of guidance in Q4
The Hut Group has announced that revenue soared by 51% to £558.7m in the three months ended 31 December 2020,…
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12 January
Very records best ever Christmas sales
Very.co.uk has announced a 25.2% year-on-year increase in retail sales in the seven weeks up to and including 25 December…
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11 January
Studio profits rise amid ‘strong’ Q3 trading
Online retailer Studio has welcomed “record” levels of trading during its third quarter ended 25 December 2020, with product sales…
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8 January
Asos invests in new fulfilment centre
Asos has announced it will launch a new fulfilment centre which has the capacity to employ 2,000 people over the…
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6 January
Online grocery sales double over festive period
The online share of grocery sales at UK supermarkets has doubled to 12.5% in the four weeks ending 26 December…
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Dec- 2020 -24 December
Chinese market regulators investigate Alibaba ‘monopolistic’ claims
China’s State Administration for Market Regulation (CSAMR) has announced that Alibaba is being investigated by regulators over claims of “monopolistic…
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21 December
Boohoo appoints new auditor after PwC departure
Boohoo has announced that it has appointed PKF Littlejohn as the group’s new auditor, with immediate effect. PKF Littlejohn will…
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