Very Group
This coverage analyses The Very Group’s operations and strategy within the UK retail market, focusing on its e-commerce platform, financial performance, and customer engagement initiatives. Reporting highlights include leadership appointments, technology investments, marketing campaigns, and growth plans — offering retail professionals actionable insight into its digital retailing model and commercial priorities.
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Apr- 2025 -15 AprilSport & Leisure
Former Very Group CEO to take over as Halfords boss
Halfords has announced that Graham Stapleton is stepping down as CEO, with Henry Birch replacing him in the role. Stapleton has led Halfords for over seven years, and during his tenure has helped see annual revenues grow from £1.1bn to £1.7bn, with more than half of sales now service-related. Henry…
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4 AprilNews-In-Brief
Today’s news in brief-4/4/25
Manchester-based online retailer THG has successfully completed its debt refinancing, extending arrangements until December 2029. The refinancing includes a partial extension of its Term Loan B to €445m (£376.6m), a £74m repayment of Term Loan A, and the extension of a £150m revolving credit facility to May 2029. The move…
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4 AprilOnline & Digital
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…
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Mar- 2025 -17 MarchFeatures
Can Boohoo’s rebrand solve its fast fashion woes?
In the run-up to Boohoo announcing its name change to Debenhams Group, the fashion business had battled an onslaught of media scrutiny – and we’re only halfway through the 2020s. Let’s recap this chain of events: in 2020, a Sunday Times investigation found that Boohoo suppliers in Leicester were getting…
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5 MarchOnline & Digital
The Very Group announces the National Literary Trust as new charity partner
The Very Group has announced that the National Literary Trust will be its charity partner for the next three years. The National Literacy Trust is an independent charity which works with schools, communities and partners across the UK to empower children, young people and adults with the literacy skills they…
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Feb- 2025 -20 FebruaryNews-In-Brief
Today’s news in brief-20/2/25
Fashion retailer Quiz has appointed administrators to its subsidiary Zandra Retail, resulting in the closure of 23 loss-making stores and the loss of around 200 jobs. Advisory firm Teneo will oversee the administration process, while Orion Retail Limited, owned by Quiz’s founding family, will acquire certain assets, including 42 stores,…
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20 FebruaryOnline & Digital
Very Group HY profits rebound despite sales drop
The Very Group has returned to profitability posting a pre-tax profit of £6.1m for the 26 weeks ended 28 December 2024, despite a drop in sales. The company’s revenues saw a 4.5% decrease to £1.17bn during the period, with revenue for the Very UK brand down 3% to £1.02bn. Very…
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5 FebruaryNews-In-Brief
Today’s news in brief-5/2/25
A Welsh fashion designer has taken Boohoo, and its affiliated brands PrettyLittleThing, Nasty Gal Limited, Misspap, and Debenhams, accusing it of copying her signature designs. Sonia Edwards claims that her designs, including a halter-neck bikini top, a rib organza mesh puff-sleeve top, a velvet ruched midi-skirt, a twist-front skirt, and…
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5 FebruaryOnline & Digital
Very Group ends HSBC relationship after 10 years
The Very Group has cut ties with HSBC, the bank which ran its customer loan portfolio worth around £1.8bn, according to reports from The Times. The online retailer has instead handed over responsibility of the securitisation of its buy now, pay later offer, to Natwest. Very provides finance options for…
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Jan- 2025 -17 JanuaryNews-In-Brief
Today’s news in brief-17/1/25
Retail sales in the UK fell by 0.3% in December, disappointing analysts who anticipated a 0.4% rise during the Christmas season. The decline, attributed to the poorest supermarket sales since 2013, was partly offset by a 4.4% rise in clothing sales. The Office for National Statistics (ONS) reported that food…
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