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.
-
May- 2025 -6 May
Zalando revenues rise 7.9% to €2.4bn in Q1
Zalando has seen its revenues grow by 7.9% to €2.4bn (£2bn) during the first quarter of 2025. Gross merchandise volume (GMV) for the group increased 6.5% to €3.5bn (£2.9bn) while adjusted EBIT rose to €46.7m (£39.7m) representing a margin of 1.9% and up 0.7%. Within the B2C growth vector, the…
Read More » -
Apr- 2025 -30 April
Ann Summers and Maplin launch virtual storefronts through Deliveroo
Deliveroo has announced the launch of a new virtual store concept for retailers, with Ann Summers and Maplin Electronics named as the first to use virtual storefronts through the app. Available to customers in London and Cambridge, their fully-branded virtual storefronts will operate within the Deliveroo app to offer customers…
Read More » -
29 April
Vinted profits triple in FY24 as revenues soar 36%
Vinted Group has seen its profits triple in FY24, as net profit soared by 330% to €76.7m (£65.1m), while revenues rocketed 36% to €813.4m (£690.5m) during the financial year. The group also significantly strengthened its financial position, reporting adjusted EBITDA of €158.9m (£134.9m), compared with €76.6m (£65m) the prior year. …
Read More » -
28 April
Deliveroo CEO set for £172m payout from DoorDash takeover deal
Deliveroo co-founder and chief executive Will Shu could receive a £172m payout if the board approves a £2.7bn bid deal from DoorDash, The Times has revealed. The UK delivery company announced on Friday (25 April) that it had received a takeover proposal from the larger American rival at a price…
Read More » -
24 April
Temu strengthens commitment to quality assurance with Eurofins Consumer Products Testing partnership
Temu, the international e-commerce platform, is strengthening its product safety and compliance measures through a partnership with Eurofins Consumer Product Testing and Eurofins Assurance, leading global providers of testing, inspection, and certification services. This collaboration aims to support transparency in Temu’s product safety processes, enhance quality control and ensure that…
Read More » -
23 April
Vinted partners with Alexa Chung to sell her designer wardrobe
Vinted has partnered with Alexa Chung to sell personal luxury fashion pieces from her wardrobe. All sales proceeds from Alexa’s wardrobe on Vinted will be donated to Endometriosis UK as her charity of choice. Chung’s clothes will be available to purchase from 4 May at 6pm for Vinted members in…
Read More » -
22 April
InPost acquires Yodel to become third biggest UK courier
Polish logistics company InPost has acquired UK delivery company Yodel, making it the third-largest agnostic logistics player in the country. The move is set to redefine delivery in the UK by integrating out-of-home (OOH) and to-door solutions under one brand. By combining the largest OOH delivery network with Yodel’s home…
Read More » -
17 April
Deliveroo reports ‘strong’ Q1 as GTV hits £1.87bn
Deliveroo has reported a 9% increase in its gross transaction value (GTV) year-on-year to £1.87bn in constant currency in Q1 2025. It also saw continued improvement in order growth, up 7% to £72.6m (up 6% in Q4 2024), with GTV per order up 2% to £25.8m. Across both UK&I and…
Read More » -
4 April
THG completes debt refinancing to 2029
Manchester-based online retailer THG has announced it has completed its debt refinancing arrangement up until December 2029. The news comes as THG revealed it has been undertaking a comprehensive refinancing exercise which includes a partial Amend and Extend of the Term Loan B to extend the maturity of €445m (£376.6m)…
Read More » -
4 April
Very Group expands creative capabilities by launching HelloStudio
The Very Group has announced the launch of HelloStudio, which aims to bring the power of its data-led creative capabilities to external brands. It said the new proposition will provide a multi-channel creative service which taps into the latest technology, offering “bespoke and tailored content that connects brands to their…
Read More »