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.
-
Feb- 2022 -25 February
Farfetch revenues hit $2.3bn
Farfetch Limited, the global platform for the luxury fashion industry, has reported its revenues increased 35% year-on-year to $2.3bn (£1.71bn)…
Read More » -
24 February
Gousto finalises new share placing
Gousto has announced that following a successful primary fundraise in January, it has completed a $230m (£171m) secondary placement, led…
Read More » -
24 February
Studio Retail appoints Teneo as administrators
Studio Retail, the online retailer, formally appointed Teneo as administrations last night to handle its collapse, according to The Times.…
Read More » -
21 February
Wayfair strengthens technology leadership team
Wayfair Inc. has announced that Ashwin Rao has joined the company as chief science officer, and Niraj Nagrani as vice…
Read More » -
21 February
Made.com CEO to step down
Made.com Group Plc has announced that Philippe Chainieux will step down from his role today as chief executive officer (CEO)…
Read More » -
17 February
Amazon reaches Visa agreement
Amazon has announced it has reached an agreement with Visa that will see it continue to accept credit card payments…
Read More » -
17 February
Shopify sees soaring revenues but warns of slowed growth in FY22
Shopify has announced that Q4 revenue in 2021 soared by 41% to $1.4bn (£1bn) against 2020, but has warned that…
Read More » -
17 February
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…
Read More » -
15 February
January sees lowest rate of online retail growth ever recorded
January saw the lowest rate of online retail growth ever documented in 22 years of tracking at -24.4% Year-on-Year (YoY),…
Read More » -
15 February
MySale revenues dip amid inventory challenges
International online retailer MySale has announced that revenues fell by 6% to A$59.7m (£31.5m) in the six-month period to 31…
Read More »
