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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Sep- 2024 -17 September
THG looks to demerge Ingenuity arm
THG has announced that it is “actively undertaking” work that could lead to the demerger of its technology arm, THG…
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12 September
Trinny London opens first-ever flagship store
Online beauty brand Trinny London has opened its first-ever flagship store on King’s Road. The new store features designated breakout…
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9 September
Asos rejected £215m Shein Topshop bid for lower offer
Asos reportedly declined a £215m bid for Topshop from Shein and Authentic Brands Group, in favour of its joint venture…
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Aug- 2024 -29 August
Ocado Retail to slash prices on over 450 products
Ocado Retail has announced that it is slashing prices under its Big Price Drop scheme. Posting on LinkedIn, the group…
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28 August
Temu owner PDD sees shares plummet 29% despite strong Q2 results
Temu owner PDD holdings saw its shares plummet 29%, wiping out $55bn (£41.6bn) off the company’s market value, after its…
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28 August
Ted Baker owner names operator for UK online business
The owner of Ted Baker has signed a deal with an American partner to manage the clothing brand’s e-commerce operations…
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21 August
Asos shareholders approve new pay plan for execs
Asos shareholders have approved a new pay plan for executives with the group’s new Value Creation Plan (VCP). According to…
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21 August
Supermarket sales rise 5.5% amid summer holidays boost
Total Till sales at UK supermarkets has seen a 5.5% increase in the last four weeks ending 10 August 2024,…
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15 August
Amazon cleared for delivery drone trial
Amazon has been given permission from the Civil Aviation Authority (CAA) to trial drones beyond a human controller’s line of…
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8 August
Asos secures three-year Microsoft deal to expand AI use
Online fashion retailer Asos has signed a new three-year agreement with Microsoft in a bid to enhance its operations, efficiency…
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