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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Jul- 2024 -1 July
Ann Summers to unveil lingerie-specific online marketplace
Ann Summers has announced that it will be unveiling an online marketplace – Knickerbox.com – on 16 July, founder Jacqueline…
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Jun- 2024 -28 June
Music Magpie revenues fall amidst competitive second-hand market
Music Magpie has reported a decline in group revenues from £61.9m to £53.8m for the six months ended 31 May…
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27 June
Moonpig sees FY sales and profits rise amid tech investments
Moonpig has seen both sales and profits rise in its full-year results, which the group has attributed to “extraordinary” customer…
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25 June
THG re-elects chair despite small shareholder revolt
THG has re-elected its chair Lord Charles Allen with just 9.25% voting against his re-election despite vocal opposition. Kelso Group,…
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24 June
Frasers acquires Coggles amid multi-year THG partnership
Frasers Group has announced it has agreed a multi-year partnership with THG which includes Frasers acquiring THG’s luxury brands business…
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10 June
Top THG shareholder joins calls for vote against chair
THG’s tenth largest shareholder has joined a revolt against the reappointment of the company’s chairman amid disappointment over the group’s…
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May- 2024 -29 May
Ocado to be relegated from FTSE 100 as stocks fall
Ocado could face relegation from the FTSE 100 after its share price collapsed, amid reports the company is considering moving…
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23 May
Temu owner sales rocket 131% in Q1
The owner of Temu, PDD Holdings, has welcomed a strong first quarter of trading as sales rocketed 131% to RMB86.8bn…
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22 May
Music Magpie trading in line with expectations amid takeover talks
Music Magpie has announced that its Q2 trading has been broadly in line with management’s expectations and has benefitted from…
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20 May
M&S website and app hit by technical issue
Marks and Spencer’s website and app was down for several hours on Saturday (18 May) due to technical issues, the…
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