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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Mar- 2022 -3 MarchOnline & Digital
The Very Group announces partnership to transform ecommerce platform
The Very Group has announced plans to transform the technology behind its ecommerce platform through a new partnership with commercetools, a commerce platform built on MACH principles, in a bid to “significantly” improve customer experience. The new partnership with commercetools is reportedly a step forward in Very’s strategy to modernise…
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Feb- 2022 -17 FebruaryClothing & Shoes
Hotter FY22 revenues rise to £51.9m
The Unbound Group has reported a 16% increase in revenues for its subsidiary, Hotter Shoes (Hotter), in the financial year ending 30 January 2022 (FY22), up from £44.5m in FY21 to £51.9m. Hotter has also announced a partnership with M&S to sell Hotter products on the ‘Brands at M&S’ platform,…
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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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Jan- 2022 -11 JanuaryClothing & Shoes
The Very Group appoints non-executive chair
The Very Group has appointed Dirk Van den Berghe, former Walmart executive vice president and regional chief executive for Asia, as its non-executive chair. In his most recent executive roles with Walmart, Berghe was responsible for Walmart’s business in Canada, China, India and Japan. He also oversaw Walmart Global Sourcing,…
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11 JanuaryClothing & Shoes
Very Group sales spike 22% over festive period
The Very Group has welcomed a period of “strong” trading in the run-up to Christmas, with sales increasing 21.9% in the seven-week period ended 24 December 2021. In light of the effects of the pandemic last Christmas, its latest results were given against its sales two years ago. As more…
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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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12 NovemberPeople Moves
In The Style names new CEO
In The Style has announced the appointment of Sam Perkins as the group’s new CEO, effective 17 January. It comes as Adam Frisby, the founder and CEO of the Group, has taken the decision to become chief brand officer, a newly created role with responsibility for developing the group’s influencer…
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Oct- 2021 -25 OctoberOnline & Digital
Very wins UN award for empowering women in Indian textile industry
The Very Group has won the community engagement and partnerships category at the India United Nations Women’s Empowerment Principles (WEP) Awards for its work in empowering young women in the country’s textile industry. The award recognises Very’s work to establish five resource centres in southern India, which has helped to…
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19 OctoberNews
Very Group reports record revenues of £1.87bn
The Very Group has revealed its saw sales surge 24.9% for the 52-week period ending 30 June 2021, driving revenues up 18.2% to £1.87b. Very customers increased 12.4% to 3.82 million, “boosting” group customers by 7.6% to 4.82 million. The retailer also reported profits before tax of £81.7m, up 68.8%…
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Sep- 2021 -24 SeptemberClothing & Shoes
Very Group snaps up former Fenwick CEO as newest managing director
The Very Group has announced that it has appointed Robbie Feather, the former CEO of Fenwick, as its newest managing director with effect November 2021. Feather will succeed Sam Perkins, who will step down at the end of the year after seven years with the operator of very.co.uk. Prior to…
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