Very.co.uk
This coverage delivers business-focused reporting on Very.co.uk’s performance and strategy within the UK retail sector. It includes updates on revenue trends, category performance, marketing initiatives, technological advancements, and leadership changes. Analysis addresses Very’s digital transformation efforts, including the launch of its in-house creative agency, HelloStudio, and the introduction of the Very Media Group to enhance retail media capabilities. Additionally, reporting covers the company’s financial services arm, Very Finance, and its impact on customer engagement and profitability. This information supports retail executives, brand managers, and professionals overseeing e-commerce operations and strategic planning.
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Feb- 2022 -9 FebruaryHealth & Beauty
Very expands beauty and self-care ranges by 94%
The Very Group has expanded its range of beauty and self-care brands on Very.co.uk by 94% since the start of the pandemic, as the online retailer reportedly sees growing demand for wellbeing products. Since January 2020, Very has added 77 new beauty and personal care brands, taking the category total…
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Nov- 2021 -23 NovemberOnline & Digital
Very Group sees quarterly profits rise to £13.5m
The Very Group has revealed its pre-tax profits for the 12-week period ending 2 October 2021 increased to £13.5m, up from £8.6m the previous year. The retail group said the performance comes after group sales increased by 3.9% to £484.1m. Its flagship site, Very.co.uk, saw revenues surge 9.6% to £403.8m,…
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Mar- 2021 -12 MarchOnline & Digital
Very Group prepares for hybrid working model
Very Group has announced that it will be adopting a hybrid working model going forward for all its employees. The Littlewoods.com and Very.co.uk operator renovated its Liverpool-based headquarters to accommodate its 2,100 members of staff oscillating between working on site and at home. The renovations, carried out by Greenmount Projects,…
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Jan- 2021 -12 JanuaryOnline & Digital
Very records best ever Christmas sales
Very.co.uk has announced a 25.2% year-on-year increase in retail sales in the seven weeks up to and including 25 December 2020, marking the best recorded sales over a Christmas period to date. The increase in sales was predominantly due to Covid-19 pushing retail online, as government lockdown restrictions continued to…
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Oct- 2020 -8 OctoberOnline & Digital
Very Group revenue tops £2bn for first time
The Very Group has announced a return to profit as group revenue rose by 2.9% in the full-year to top £2bn for the first time in its history. The group reported a pre-tax profit of £48m and underlying EBITDA of £264m, both of which included coronavirus-related costs. Very.co.uk retail sales…
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Aug- 2020 -13 AugustClothing & Shoes
Very Group to return to profit as revenues pass £2bn
The Very Group has forecasted a return to profits for the FY20 as it revealed annual group revenues passed £2bn for the first time. In a trading update for the full-year ending 30 June, the company said it saw a 65% increase in website visits driving “exceptional” retail sales growth…
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Jun- 2020 -25 JuneClothing & Shoes
The Very Group to cut 141 roles as part of tech restructure
The Very Group has announced it is set to cut 141 roles from its head office and customer care teams as part of a restructure which will also see around a 100 roles created elsewhere. The only retail group, which operates brands such as Very.co.uk and Littlewoods.co.uk, will further expand…
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Jan- 2020 -15 JanuaryOnline & Digital
Very reports a 6.1% increase in revenues in the festive period
Online retailer Very has reported a 6.1% increase in revenues during the seven weeks to 27 December. The brand, which is operated by The Very Group, also reported sales growth across all four product categories, which included a 9.6% increase in sportswear, 5.7% increase in electricals, 1.4% increase in homeware…
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Aug- 2019 -27 AugustOnline & Digital
Shop Direct adds Topshop and Topman to its offering
Shop Direct, the digital retailer and financial services provider, has added Arcadia’s Topshop and Topman to its portfolio of more than 500 fashion brands. The business will also become the first UK retailer outside of the Arcadia Group to stock Topshop Beauty. Shop Direct’s retail brands Very.co.uk, Littlewoods.com and LittlewoodsIreland.ie…
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Mar- 2019 -28 MarchClothing & Shoes
Shop Direct rebrands to The Very Group
Shop Direct, the digital retailer and financial services provider, has announced plans to rebrand to The Very Group, in order to bring its name and identity in line with its flagship consumer brand Very.co.uk. The company revealed the new corporate identity, which will be unveiled later this year, will support…
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