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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May- 2021 -19 May
Asos eyes Feelunique and Cult Beauty takeovers
Asos is reportedly eyeing a potential takeover of two major online beauty platforms in a bid to further expand into…
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17 May
Amazon to create more than 10,000 new jobs
Amazon has announced that it will create more than 10,000 new permanent jobs in 2021, taking its total UK workforce…
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14 May
Cotton On launches UK e-commerce operation
Cotton On, an Australian fashion retailer, has expanded its global operations, launching digitally in the UK as of 13 May…
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13 May
Online sales in April ‘impressive’ despite high street reopening
Online retail sales have continued to grow in April, rising 10.2% year-on-year, despite the reopening of the high street and…
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12 May
Vinted completes €250m fundraising round
Vinted, the C2C second-hand fashion platform, has completed a €250m (£214m) series F fundraising round at a pre-money valuation of…
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11 May
OnBuy adds raft of new staff members
OnBuy has added 32 new staff members across multiple departments at the firm, as the group continues along its recruitment…
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11 May
THG announces $1bn capital raising
The Hut Group (THG) has announced a capital raising of roughly $1bn (£708m) to support the continuation of the group’s…
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6 May
Made.com expands warehouse operations
Made.com (Made) has announced that it will expand its UK operations with the development of an additional 350,000 sq ft…
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Apr- 2021 -30 April
Amazon sees Q1 profits surge to $8.1bn
Amazon has revealed that net income soared to $8.1bn (£5.8bn) in its first quarter results, up from a net income…
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29 April
In The Style sees sales rise 130% to £44.5m
Online fashion retailer In The Style has revealed that it expects turnover for the full-year period ending 31 March 2021…
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