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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Apr- 2022 -19 April
Sosandar appoints independent non-executive director
Sosandar, the online women’s fashion brand, has announced the appointment of Jon Wragg as an independent non-executive director with immediate effect. Wragg is a senior executive with experience in driving growth in consumer businesses through digital channels. He has worked with global brands across different product categories, with experience in…
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19 April
WH Smith suspends Funky Pigeon sales after cyber security hit
WH Smith has confirmed its subsidiary, Funky Pigeon, has been hit by a cyber security incident that affected part of its systems on 14 April 2022. The group has now temporarily suspended orders from the card and gift retailer and is investigating the incident with external IT specialists, adding that…
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12 April
Asos swings to loss and predicts further £14m hit from Russia exit
Asos has revealed its pre-tax profits fell 115% year-on-year from £106.4m to a pre-tax loss of £15.8m in the six months to 28 February 2022 (H1 FY21). The company also said it is expected to take a further £14m hit following its decision to suspend sales in Russia, with revenue…
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7 April
Boots launches Price Advantage scheme online
Boots has extended its Price Advantage scheme by making it available to customers online, after having originally launched in stores in January. The scheme initially offered 150 products in stores when it was launched, but now it has been expanded to include over 300 additional products across categories including beauty,…
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6 April
Farfetch agrees Neiman Marcus partnership amid £152m investment
Farfetch Limited and the Neiman Marcus Group (NMG) have announced a global strategic partnership which will see Farfetch make a minority common equity investment of up to $200m (£152.75m) into NMG. Through this agreement, NMG will utilise the Farfetch Platform Solutions (FPS) to re-platform the Bergdorf Goodman website and mobile…
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5 April
Moonpig annual revenues to hit £300m
Moonpig Group plc has announced it expects annual revenues to hit £300m in the financial year ending 30 April 2022, reflecting the temporary impact of Covid-19 on customer behaviour in late December and January. As the group’s trading performance has “remained strong”, Moonpig’s expectations for underlying revenues in FY22 remain…
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Mar- 2022 -29 March
The Very Group unveils leadership shakeup
The Very Group has announced the appointment of Charlotte Heiss as group general counsel and company secretary, and the promotion of Sean Hallows from operations director to chief operating officer (COO). Both Heiss and Hallows will report to group CEO, Henry Birch, in their new roles, and Heiss will join…
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28 March
CyberJammies wakes up to dream solution from Brightpearl
Key facts TREBLED revenue Live in JUST 120 days 5-star customer service Britain’s fastest growing fashion brand, and 11th overall fastest growing online retailer according to Brightpearl’s Lightning 50 “Absolutely everything has improved significantly since we signed up with Brightpearl” – Mark Tweed, brand director, CyberJammies 2020 was the year…
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25 March
Morrisons announces delivery partnership with Gopuff
Morrisons has announced a multi-year partnership with Gopuff, the goods and food delivery company, which will see the supermarket’s fresh food, own-brand and branded products available to customers on the Gopuff platform. The partnership launches today and customers across the UK can order food and grocery items from Morrisons for…
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24 March
Amazon launches first ever electric HGVs for UK fleet
Amazon has unveiled five electric Heavy Goods Vehicles (HGVs) in its delivery fleet for the first ever time in the UK. The 37-tonne fully-electric vehicles are now operating from Amazon’s fulfilment centres in Tilbury and Milton Keynes, replacing diesel HGVs that were previously used by the company. According to Amazon,…
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