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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Jul- 2021 -21 July
MySale returns to profitability in FY21
Online retailer MySale has welcomed a period of ‘excellent progress’ in the full-year ended 30 June 2021, returning to profitability…
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14 July
Online spending to hit £120.48bn in 2021
Following a surge in online sales in 2020, UK shoppers are predicted to further increase their spending of online purchases…
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12 July
Nordstrom acquires minority stake in Topshop brands
ASOS has formed a joint-venture with Nordstrom, which will see the US department store chain invest in a minority interest…
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12 July
Klarna acquires shopping platform Hero
Klarna has announced the acquisition of the social shopping platform Hero, introducing the platform to its 250,000 retail partners across…
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7 July
Boohoo owned Karen Millen secures new fashion director
Online retail group Boohoo, has appointed Lizzie Dawson as the latest fashion director for Karen Millen, Coast, Oasis and Warehouse.…
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6 July
Victoria Plum partners with tree planting charity
Online bathroom retailer Victoria Plum has announced a partnership with Just One Tree to plant thousands of trees over the…
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Jun- 2021 -30 June
Studio Retail profit soars 513% in FY21
Studio Retail has reported that profit-before-tax skyrocketed 513% in its financial results for the year ended 26 March 2021. The…
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24 June
69% of young shoppers ‘shop and drop’ online, research finds
Around 69% of consumers aged between 18-24 “shop and drop” online by abandoning their shopping baskets mid-purchase, according to Barclaycard…
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22 June
Amara partners with Women for Women International
Online retailer, Amara has announced a new partnership with non-profit organisation, Women for Women International (WWI). WWI helps women survivors…
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17 June
Victorian Plumbing market cap valued at £850m upon IPO
Victorian Plumbing, the online retailer of bathroom products and accessories, has revealed its market capitalisation upon admission to trading on…
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