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Multichannel and e-tail
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Online sales slows after three months of double-digit growth

Tuesday 10 January 2017 - Posted by Elias Jahshan

Online retail sales in December saw the third slowest growth rate of 2016, after three months of double-digit growth. According to the latest BRC-KPMG Online Retail Sales Monitor, online sales of non-food products in the UK went up by 7.2 per cent in December compared to a yea...

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Boohoo sales soar by 55% after bumper Christmas period and expansion

Tuesday 10 January 2017 - Posted by Elias Jahshan

Strong growth in the US and a bumper Christmas trading period has seen total sales at Boohoo increase by 55 per cent in the four months to December 31. The online retailer raked in £114 million in that period, driven by a massive 230 per cent sales increase in the US to £19.6m...

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Koovs losses deepen despite sales uptick

Thursday 22 December 2016 - Posted by Elias Jahshan

Online fashion retailer Koovs has recorded a rise in sales and customers in its half-year financial update, but its losses deepened. Losses at the London-listed Indian etailer widened widened to £9.1 million in the six months to September 30, compared with £5.7 million during ...

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Amazon named the most valuable retailer

Wednesday 21 December 2016 - Posted by Elias Jahshan

A leading global market research agency has named Amazon as the world’s most valuable retail brand, with an estimated value of $98.98 billion USD. The BrandZ Top 25 Most Valuable Global Retail Brands report, put together by Kantar Millward Brown, said the online retail behemot...

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5 Minutes With Josh Rathour, CEO & Founder, UNiDAYS

Thursday 08 December 2016 - Posted by Elias Jahshan

Josh Rathour is the founder and chief executive of UNiDAYS, one of the UK’s fastest-growing websites that has a strong retail focus. An entrepreneur by nature, Rathour worked as a real estate agent before taking the leap and establishing UNiDAYS – and one of its core aspects i...

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Intu trials VR Christmas shopping experience

Thursday 08 December 2016 - Posted by Elias Jahshan

Shopping centre operators Intu has just introduced a virtual reality family-friendly multi-player fgame, taking shopping experiences to another level this festive season. Intu is piloting the experience at Intu Victoria Centre in Nottingham, where shoppers can step from a wint...

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Molly Goddard expands into online retail

Thursday 08 December 2016 - Posted by Elias Jahshan

London-based designer Molly Goddard has expanded her fashion business by added an ecommerce section on her website. This marks the first time Goddard – whose eponymous brand is only stocked in select specialty stores in London, Los Angeles and some Nordstrom department store l...

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Retailers oblivious to £11.75bn lost each year to online accessibility issues

Friday 02 December 2016 - Posted by Elias Jahshan

UK retailers could be missing out on online sales estimated at £11.75 billion a year because their web sites fail to consider the needs of people with disabilities, a new report says. According to the Click-Away Pound Survey 2016, put together by disability and diversity consu...

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ASOS embroiled in fresh controversy over temp workers' pay

Friday 02 December 2016 - Posted by Elias Jahshan

ASOS has been accused of bending the employment law by restricting new temporary workers’ pay for three months longer than regulations allow. According documents obtained by The Guardian, the etailer allegedly underpaid new temporary warehouse staff for six months, with the pa...

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Missguided smashes revenue and growth records

Thursday 01 December 2016 - Posted by Elias Jahshan

Missguided’s year of heavy investment across its business has paid off, with the online retailer raking in a record £117 million in annual revenue. This figure, recorded for the financial year ending March 2016, represents a 34 per cent growth on the prior year – when the Manc...