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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Jun- 2023 -16 June
CMA clears Amazon’s acquisition of iRobot
The CMA has cleared Amazon’s $1.7bn (£1.3bn) purchase of iRobot, as the authority considered areas of potential concern, after the…
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15 June
Asos returns to profitability despite revenue drop
Online retailer Asos has announced that it has returned to profitability after its EBIT rose more than £20m year on…
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13 June
THG’s Ingenuity partners with PwC to boost digital commerce
THG’s complete commerce division, Ingenuity, has formed a strategic alliance with PwC to help its brands design, build and run…
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9 June
Frasers ups stake in Asos for second time in a week
Mike Ashley’s Frasers Group has upped its stake in embattled online retailer Asos for the second time this week. Frasers…
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7 June
Frasers Group raises Asos stake
Mike Ashley’s Frasers Group has increased its stake in online retailer Asos from 7.4% to 8.8% according to a shareholder…
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6 June
Taxpayer money spent on Amazon hits ‘record-breaking’ £222m
Taxpayer cash spent on Amazon hit a “record-breaking” £222m last year, according to a new report commissioned by GMB Union. …
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6 June
N Brown profits plunge over 80% in FY23
N Brown has seen its pre-tax profit plummet by 82.6% to £7.5m in FY23, down from £43.1m the year before,…
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2 June
Amazon UK tax bill rises to £781m
Amazon has reportedly paid £781m of tax in the UK last year despite its main UK division having paid no…
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May- 2023 -18 May
Ebay to acquire AI fashion authenticator Certilogo
Ebay has signed a definitive agreement to acquire Certilogo, a provider of AI-powered apparel and fashion goods digital IDs and…
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17 May
One4all partners with Asos and Secret Sales
Multi-store gift card, One4all, has announced two new partnerships with global fashion retailer Asos and premium ecommerce marketplace, Secret Sales. …
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