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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Feb- 2024 -15 February
Jeff Bezos sells over $4bn of shares in Amazon
Amazon founder Jeff Bezos has recently sold more than $4bn (£3.2bn) of his shares in the company, according to new…
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14 February
Frasers ups stake in AO amid £80m share buyback programme
Frasers has upped its stake in AO World to 24.7% amid the launch of a new £80m share buyback programme.…
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2 February
Amazon revenues hit $170bn in Golden Quarter
Amazon has revealed that net sales rose by 14% to $170bn (£133.2bn) in the fourth quarter ended 31 December 2023.…
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Jan- 2024 -30 January
Studio Retail swings to full-year profit following Frasers takeover
Studio Retail has welcomed a pre-tax profit of £12m in the year ended 30 April, 2023, up from a £75.7m…
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25 January
JD.com partners with Evri on European brand expansion in China
Chinese marketplace JD.com has announced a partnership with Evri in its effort to offer European brands more access to its…
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22 January
Virgin Wines revenues rise 2% in H1
Virgin Wines has revealed that total revenues rose by 2% year-on-year to £34.3m in the six months ended 29 December,…
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11 January
Very UK sales up 3.4% over Christmas period
Very UK has reported that retail sales were up by 3.4% in the seven weeks to 22 December 2023, with…
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4 January
Next ups guidance after Christmas trading boost
Next has raised its full-year guidance for the fifth time in eight months, after a period of strong trading over…
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3 January
THG backs director after shareholder revolt
The board of THG has backed a non-executive director after his re-election was voted against by more than a fifth…
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Dec- 2023 -20 December
Alibaba chief to head e-commerce arm
Alibaba Group has announced that chief executive Eddie Wu will now serve as chief executive of the group’s ecommerce arm,…
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