Latest online retail news – Page 6
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NewsVinted launches verification service for designer items
Online marketplace for secondhand fashion Vinted is launching its item verification service in the UK for designer items.
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NewsExclusive: Shopify adds TrueLayer’s payments app to platform
Open banking payments network TrueLayer has launched its new payments app on Shopify.
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NewsBensons for Beds back in black
Bensons for Beds has made a return to profitability after bedding in its transformation strategy.
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NewsRetail sales slow as cautious consumers delay Christmas spending
UK retail sales growth slowed in October as households are putting off their Christmas shopping until they can “grab a bargain” over Black Friday, according to the BRC-KPMG Retail Sales Monitor.
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NewsJohn Lewis ‘rewrites Black Friday rule book’
Department store group John Lewis has launched its Black Friday promotion earlier than usual to cater to customers shopping early for Christmas.
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NewsZalando revises guidance as it posts revenue decline
Online fashion giant Zalando has recorded a decrease in group revenue and is reviewing its guidance as it expects “continued pressure on demand” for the remainder of the financial year.
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NewsNext juggernaut rolls on as it ups profit guidance
Fashion giant Next has increased its full-year profit guidance and reported an uptick in full-price sales.
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NewsAsos losses deepen as it prioritises shift ‘back to fashion’
Embattled fashion retailer Asos has reported deepening losses and falling revenue, and unveiled plans for a strategic switch “back to fashion” in 2024.
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NewsFortnum & Mason back in EU for first time since Brexit
Luxury department store Fortnum & Mason has launched a dedicated EU website, enabling it once again to cater for customers in the trade bloc in the wake of post-Brexit challenges.
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NewsEmbattled Asos considers sale of Topshop
Online fashion specialist Asos is examining the possible sale of the Topshop brand, which it bought three years ago, as boss José Antonio Ramos Calamonte seeks to turn around the core business.
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NewsFrasers offloads Missguided to Shein and eyes Wiggle deal
Frasers Group has sold Missguided’s intellectual property to online fast fashion giant Shein and flagged the potential for future collaboration between the pair.
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NewsAmazon sales increase to beat analyst forecasts
Amazon performed better than anticipated with a sharp rise in sales and income in the third quarter to September 30.
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NewsVinted mulls £174m share sale
Lithuanian online marketplace Vinted is reportedly in talks about a sale of shares that could be worth more than €200m (£174m) in its bid to lead the sustainable fashion boom.
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NewsAsos delays results and confirms full-year loss
Online fashion specialist Asos has delayed its full-year results for a week.
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NewsDeliveroo holds firm on profit guidance as order numbers grow
Deliveroo has held its annual profit guidance after order numbers improved.
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NewsBoots expands beauty offering with 400 new premium products
Boots has introduced a new premium and professional haircare category on its website as it expands its beauty offering and grows its market share in premium beauty.
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NewsExclusive: Fenwick back in black after sale of Bond Street store
Department store group Fenwick has reported a return to profit, Retail Week can reveal.
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NewsWilko website resumes trading under new owner The Range
The website wilko.com has restarted its home delivery for online orders under its new owner The Range.
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NewsUniqlo owner Fast Retailing posts surge in sales and profits ‘in all markets’
Fast Retailing, the owner of fashion giant Uniqlo, has reported a boom in both sales and profits “in all markets” as it hails its third consecutive “record annual performance”.
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NewsAmazon warehouse workers to walk out on Black Friday
Over 1,000 Amazon warehouse workers will strike on Black Friday as the GMB union warns of “the biggest day of strike action in company history”.