Tuesday, November 21, 2017

Lovehoney’s soaring profits boosted by ‘Fifty Shades of Grey’ collaboration

The online sex toy retailer Lovehoney has posted a 76 per cent rise in full year pre-tax profits thanks to strong sales off the back of lucrative branded licensing deals.
Amazon Black Friday

Amazon to open London pop-up for Black Friday

Amazon is poised to open its first UK pop-up store to help drive sales for its 10-day Black Friday event later this month.

Zalando revenues jump 28% despite weak October

German ecommerce fashion retailer Zalando has posted a 28.7 per cent rise in revenues for its third quarter despite a “weaker than expected October”.
China ecommerce

COMMENT: Why China’s ecommerce boom is great for British retail

Trade Minister Baroness Rona Fairhead explains ways in which the government is making it easier for retailers to crack the lucrative Chinese market.

Sosandar achieves £16.1m valuation amid AIM admission

Online womenswear retailer Sosandar announced its admission to the London Stock Exchange last week having raised £5.3 million from a new share placing.
online retail searches

Online retail searches continues steady growth

Online search volumes for UK retail went up by nine per cent across all devices in the third quarter of 2017 compared to the same period last year.
Alibaba sales

Alibaba sales surge 61% while profits skyrocket 83%

Alibaba has reported a huge spike in both revenues and profits in its latest quarterly update, beating analyst expectations and raising its full-year forecast.
Finery co-founder

Finery co-founder & operating chief to depart business

The co-founder and chief operating officer of online fashion retailer Finery has announced his resignation.

Notonthehighstreet investments drive losses

Notonthehighstreet's investments drive has led to the online retailer to recorded deepening losses despite a rise in sales.
Asos try before you buy

Asos begins “try before you buy” service

Asos has introduced a brand new a “try before you buy” service, giving customers the opportunity to have products delivered to them before they pay for them.

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Feature Resource

2017 UK Retail Report

In a world where people can do all their Christmas shopping from their sofa, how will you entice them to your store? The good news...