Online & Digital
The latest news, updates and analysis on the online and digital segment of the the UK retail industry. Sign up to the Daily Briefing and let Retail Sector’s business journalists keep you in the picture.
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May- 2022 -10 May
Fruugo revenues surge 57% to £30.7m
Online global marketplace Fruugo has seen its FY21 revenues surge 57% to £30.7m, over 220% on a two-year basis, which…
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9 May
Made.com acquires Trouva to accelerate expansion
Made.com Group Plc has announced the acquisition of Trouva to accelerate the group’s strategic priorities around choice and reach. Trouva…
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5 May
Next Q1 sales surge 22% despite online hit
Next plc has reported that its full price sales surged 22% year-on-year for the 13 weeks to 30 April (Q1),…
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3 May
Missguided gains interest from Asos, Shein, JD Sports and Frasers Group
Online womenswear retailer Missguided is reportedly attracting interest from Asos, Shein, JD Sports, the Frasers Group and the Issa brothers…
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Apr- 2022 -29 April
Victoria’s Secret and PINK Beauty launches on Amazon
Victoria’s Secret and Co. has launched its Victoria’s Secret Beauty and Pink Beauty products in Amazon’s store, with approximately 120…
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29 April
Amazon shares tumble amid first loss since 2015
Amazon shares have taken a 10% hit after reporting a net loss of $3.8bn (£3.02bn) in the first quarter ended…
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25 April
MusicMagpie to launch on Back Market
MusicMagpie has secured a contract to sell consumer electronic products on Back Market, an online marketplace that is dedicated to…
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21 April
Hugo Boss to launch premium resale platform
Hugo Boss is set to launch its premium resale platform in the third quarter of 2022 where customers can buy…
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21 April
THG rebuffs ‘unacceptable’ takeover proposals as revenues hit £2.2bn
The Hut Group (THG) has recorded “record” revenue growth of 38.1% year-on-year from £1.6bn to £2.2bn in the full year…
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20 April
Missguided CEO steps down as advisory firm brought in
Missguided’s founder, Nitin Passi, is set to step down from his role as chief executive officer (CEO) after the womenswear…
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