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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Apr- 2021 -30 April
Amazon sees Q1 profits surge to $8.1bn
Amazon has revealed that net income soared to $8.1bn (£5.8bn) in its first quarter results, up from a net income…
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29 April
In The Style sees sales rise 130% to £44.5m
Online fashion retailer In The Style has revealed that it expects turnover for the full-year period ending 31 March 2021…
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29 April
Asos calls for new law to strengthen Modern Slavery Act
Asos has called for the implementation of a new mandatory human rights due diligence legislation in the UK in order…
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27 April
Sky opens largest store to date
Sky has announced the opening of its largest store to date at the Trinity leisure destination in Leeds. The new…
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26 April
Gousto reaches first year of profitability since launch
Recipe box provider Gousto has welcomed “record” sales for 2020, up 129% to £189m. Meanwhile, underlying EBITDA was £18.2m, up…
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26 April
25% of young people can’t pay bills due to Buy Now Pay Later repayments
Around a quarter of young people in the UK who are making Buy Now Pay Later (BNPL) repayments haven’t been…
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20 April
M&S boosts online capacity through new warehouse
M&S has announced that work has begun on its Bradford Distribution Centre, which is set to become a second online…
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20 April
OnBuy appoints Aron Cody-Boutcher as CMO
Online marketplace OnBuy has announced the appointment of Aron Cody-Boutcher as chief marketing officer (CMO) at the group. In the…
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19 April
Studio set to welcome ‘record’ performance in FY21
Studio has provided an update on its “record” trading performance in the year to 26 March 2021 with adjusted pre-tax…
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16 April
MusicMagpie plans £208m London float
MusicMagpie, the e-commerce retail business, has announced plans for a £208m float on the London Stock Exchange. The proposed admission…
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