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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Oct- 2022 -17 October
Eve Sleep calls in administrators as it abandons sale process
Mattress company Eve Sleep has reportedly appointed New York-based Kroll Advisory as its administrator after abandoning its efforts to secure…
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17 October
Made.com seeks firm takeover offers by end of the month
Made.com has confirmed it has received a “number” of takeover proposals as it looks to secure a rescue deal by…
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13 October
MySale asks shareholders to accept Frasers offer
The board of MySale has asked its shareholders to accept Frasers Group takeover offer despite it “unanimously believing” that it…
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10 October
Studio Retail audits to be investigated by watchdog
The Financial Reporting Council (FRC) has revealed it has commenced an investigation in relation to the audit conducted by Mazars…
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7 October
Farfetch to accept cryptocurrency payment option
Farfetch, the global platform for the luxury fashion industry, has announced that it will offer cryptocurrency as a payment method…
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6 October
N Brown profits plunge amid weakened consumer confidence
N Brown has seen its pre-tax profits plunge 74.6% to £7.2m in the first half of the year, as weakened…
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4 October
Made.com begins talks with prospective buyers
Made.com has announced that it has entered into non-disclosure agreements and begun discussions with a number of interested parties for…
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Sep- 2022 -30 September
Made.com H1 losses widen amid lower demand
Made.com has revealed its loss before tax has dropped by 25.2% to £35.3m for the six months to 30 June…
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28 September
Boohoo warns of further sales decline as profits drop 90%
Boohoo has warned that its sales are likely to be hit over the remainder of the financial year due to…
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23 September
Made.com to shed workforce amid plans for company sale
Made.com could reportedly cut over a third of its headcount alongside plans to explore a potential sale of the group,…
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