Latest online retail news
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Temu accused of breaking EU laws with ‘manipulative practices’
Chinese online marketplace Temu is facing a new legal challenge after 17 companies in the European Union accused it of breaking new laws with “manipulative practices”.
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Alibaba revenue growth despite decline in profits
Alibaba has posted growth in revenue in its full-year and quarterly results, despite profits plunging.
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eBay creates new resell feature to boost pre-loved fashion sales
eBay has launched a new “resell on eBay” feature to allow users to list their clothing on the website in a couple of clicks.
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Sofa-in-a-box brand gets £10m boost to go global
Swyft has received a £10m investment from UK-based Sleep Brands Limited to take the sofa company into new markets.
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Zalando names new co-CEO as part of leadership shake-up
International fashion giant Zalando has announced a string of changes to its top team, to ensure “the effective execution” of its updated strategy, from September 1, 2024.
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Online spending growth slows as BNPL plateaus
Online spending in the UK in April increased 1.5% year on year to £8.1bn, but spending growth has slowed for the third consecutive month.
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Former chancellor appointed as The Very Group chair
The Very Group has confirmed former chancellor and MP Nadhim Zahawi as its new non-executive chair and board member.
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Shein ramps up plans for London IPO following US pushback
Shein is reported to be accelerating its plans for a London Stock Exchange listing after its efforts to float in New York met pushback and regulatory obstacles from US lawmakers.
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Very unveils new fashion platform with launch of summer campaign
Very has unveiled a long-term fashion platform, dubbed “Haus of Flamingo”, accompanying the launch of its summer campaign.
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Frasers launches new digital platform in 'first-of-its-kind' investment
Frasers Group, which owns Sports Direct and Flannels, has announced a group-wide overhaul of its digital infrastructure as it invests “to improve the efficiency of its retail operations and the ecommerce experience for customers across its sports, premium, and luxury brands”.
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Zalando holds firm on guidance as profits improve
Online fashion giant Zalando has confirmed its full-year guidance for 2024 after delivering growth and “improved” profitability during the first quarter.
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More than half of UK consumers opt for lockers for online delivery
More than half of UK consumers are now using delivery lockers for online purchases, as convenience and sustainability top the list of incentives for the service, according to research by Retail Economics and InPost.
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Amazon sales surge driven by AI and advertising
Amazon has posted a surge in sales during its first quarter, helped by the appeal and success of its AI and advertising capabilities.
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Getir pulls plug on Europe and US markets affecting 1,500 UK jobs
Rapid grocery delivery firm Getir has announced that it will be exiting the UK, Europe and the US, with around 1,500 job losses expected in the UK.
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GMB launches legal action against ‘anti-union’ Amazon
GMB Union has launched legal action against Amazon, claiming the ecommerce giant is carrying out an “anti-union campaign” in the UK.
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Frasers Group to shut office, putting 100 jobs at risk
Frasers Group has reportedly outlined plans to permanently close its Trafford office in Manchester, putting around 100 jobs at risk of redundancy at the fashion giant.
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Getir raises cash to fund UK and Europe retreat
On-demand food retail platform Getir is seeking funding from investors to cover its retrenchment from Europe.
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Exclusive: TK Maxx the most popular value website for bargain hunters
TK Maxx was the most-visited value retail website over the past two years, Retail Week can reveal.
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Cotswold Co expands home delivery in Northern Ireland
The Cotswold Company is expanding its online offer in Northern Ireland following a trial last summer.
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THG sales dip as devalued yen hits nutrition business
THG has reported a dip in sales for the first quarter as its nutrition business proved to be a drag on surging beauty sales.