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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Aug- 2021 -11 August
Mr Porter launches standalone on-site marketplace
Mr Porter, the online only UK-based luxury retailer has announced the launch of Super Mart, a standalone on-site marketplace showcasing a curated selection of clothing from multiple brands. More than 330 products are featured in an edit from 29 global labels across ready-to-wear, accessories and lifestyle. The Super Mart collection…
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11 August
Online retail sales decline eases in July, IMRG finds
The IMRG Capgemini Online Retail Index released today has found that after recording the steepest drops in history for two months in a row, the fall in online retail sales appears to be slowing, which could reportedly signal a return to stability in the near future. The report, which tracks…
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10 August
Feelunique launches ‘beauty box; subscription product
Feelunique has launched Beauty Box, a new bespoke beauty subscription product available through its ecommerce store. The online beauty retailer said customers would be able to choose all five products within the Beauty Box to create “a completely bespoke edit”, depending on their preferences. Feelunique added that the new product…
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10 August
Spar International to roll out e-commerce platform
Spar International has announced the launch of a fully customisable e-commerce platform to its country organisations and retailers. The move comes as part of the group’s wider worldwide digital transformation strategy, and has been supported in partnership with Naveo Commerce, the end-to-end e-commerce and fulfilment technology provider. The platform is…
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4 August
Alibaba revenues fail to meet analysts’ expectations
Alibaba has reported revenues of ¥180.24bn (£20bn) for the three months to June 30, an increase of 34% from the previous year, however falling short of analysts forecasts of ¥184bn (£20.4bn). It revealed that total revenue also missed expectations at ¥205.74bn (£22.8bn), despite this marking an increase of 34%. In…
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2 August
Amazon growth slows in Q2
While sales in Amazon’s second quarter soared by 27% to $113bn (£81bn) against 2020, growth slowed down from a 44% climb in the first quarter, as Wall Street had forecast sales of $115bn (£83bn). The deceleration is expected to continue, according to Amazon, as it guided for a 10% to…
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Jul- 2021 -29 July
Very transfers fashion returns to East Midlands fulfilment centre
The Very Group has completed the migration of all its clothing and footwear returns to Skygate, its automated fulfilment centre in the East Midlands. The 850,000 square foot fulfilment centre, which launched the day the first national lockdown began in March 2020, has shipped 20 million items and over eight…
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29 July
BoohooMan drops DaBaby over ‘homophobic language’
Online fashion retailer Boohoo has dropped rapper DaBaby from its BoohooMan partnership following a string of homophobic comments that also targeted those with HIV. Performing live at Miami’s Rolling Loud Festival on Sunday (25 July), DaBaby falsely claimed that having HIV/AIDS will “make you die in two to three weeks”.…
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28 July
Music Magpie sees revenues up 2.3% following IPO float
Music Magpie, an e-commerce retail business, saw its group revenues grow by 2.3% to £72.8m for the six months ending 31 May 2021. The store, which sells refurbished electronics and second-hand video games, also reported a pre-tax profit of £4m over the six months period- up from £3.3m last year.…
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27 July
In The Style return to profit in FY21
In The Style has reported pre-tax profits of £125,000 for the 12 months ended 31 March 2021, up from a previous year’s loss of £2.1m. Revenue also witnessed a sharp increase, rising by 132% to £44.7m up from £19.3m in 2020, benefiting from a 30% growth in customer website visits.…
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