Very posts Christmas sales rise bolstered by credit offering
Very.co.uk enjoyed a Christmas sales boost, but sister brand Littlewoods hampered parent company The Very Group’s overall festive trading.
Very.co.uk has reported a 6.1% uplift in retail sales year on year in the seven weeks to December 27, driven by increased revenue across all of its product categories.
Total revenue including financial services rose 3.4% year on year, boosted by a 22% rise in new credit customers during the period.
However, across The Very Group including Littlewoods overall revenue was flat year on year, while retail sales rose 2.5%.
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