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.
-
Aug- 2023 -8 August
Frasers ups stake in Asos to nearly 17%
Mike Ashley’s Frasers Group has announced that it has once again upped its stake in Asos to nearly 17%. The…
Read More » -
4 August
Apple revenues drop 1% to $81.8bn in Q3
Apple has announced that its revenues dropped 1% year-on-year to $81.8bn (£64.4bn) for the third quarter ended 1 July 2023.…
Read More » -
4 August
Amazon sales and profits climb in Q2
Amazon has welcomed a strong second quarter of trading, with sales rising by 11% to $134.4bn (£105.8bn) in the period,…
Read More » -
Jul- 2023 -27 July
Amazon offers to change Marketplace rules to address CMA concerns
Amazon has offered to change the way it treats third-party sellers using its Marketplace platform in the UK, by submitting…
Read More » -
27 July
THG snaps up City A.M.
THG has announced the acquisition of London’s 18-year-old business newspaper, City A.M. The news comes after it was revealed that…
Read More » -
26 July
THG in talks to buy City A.M.
Online beauty retailer THG is reportedly in advanced talks with London business newspaper, City A.M. to acquire it through a…
Read More » -
18 July
Ocado restates FY23 guidance despite increased losses
Ocado has restated that it has full confidence in its FY23 guidance despite posting losses of £289.5m for the half…
Read More » -
17 July
Virgin Wines FY trading meets forecast
Virgin Wines has reported that full-year revenues are expected to be £59m, and profits of “no less than £0.5m” for…
Read More » -
14 July
Nisa expands delivery service with Just Eat partnership
Nisa has partnered with Just Eat to launch an on-demand online delivery partnership, increasing access “to quick convenience shopping in…
Read More » -
13 July
MusicMagpie sees EBITDA rise 7.7% in H1
MusicMagpie has reported adjusted EBITDA of £2.8m, up 7.7% in H1 2023 compared with £2.6m in H1 2022, according to…
Read More »
