Latest online retail news – Page 7
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Vinted 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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Asos delays results and confirms full-year loss
Online fashion specialist Asos has delayed its full-year results for a week.
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Deliveroo holds firm on profit guidance as order numbers grow
Deliveroo has held its annual profit guidance after order numbers improved.
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Boots 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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Exclusive: 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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Wilko 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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Uniqlo 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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Amazon 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”.
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Exclusive: Asos shuffles top team as senior directors step down
Asos brands director James Barron and menswear product director Stefan Pesticcio are stepping down from the fashion retailer as it shuffles its top team, Retail Week can reveal.
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UK consumers cut back on dining out to save for Christmas splurge
Cash-strapped consumers across the UK are reining in on eating out and buying takeaways to save up for what many see will be an expensive festive season.
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Credit insurer cuts cover for The Very Group suppliers
The Very Group’s credit insurer Allianz Trade has cut cover for its suppliers, which threatens to increase financial pressures on the retailer, according to reports.
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Waitrose eyes online grocery partnership with Amazon
Waitrose is reportedly exploring a partnership with Amazon in a deal that would see the supermarket’s groceries sold on the platform.
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Exclusive: Oh Polly launches in the Middle East
Online fashion retailer Oh Polly is launching a new website and social media platforms in the Middle East as part of its international expansion, Retail Week can reveal.
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H&M profits climb despite slowdown in September sales
Fashion giant H&M has posted a boost in profits and sales for the first nine months of the year, despite sales in September slowing as a result of an “unusually hot” start to the autumn season.
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Amazon accused of ‘exploiting monopoly power’ in antitrust lawsuit
Amazon is being hit with an antitrust lawsuit by the US Federal Trade Commission and 17 state attorneys general.
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Shopify enters global partnership with B2B retail marketplace
Shopify has entered a global partnership with B2B independent retail marketplace Faire, which will introduce new ways for businesses to grow and manage their offerings across both platforms.
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Asos restricts buy now, pay later services in latest profit push
Fashion giant Asos has introduced restrictions on its buy now, pay later services for shoppers as part of its latest bid to improve profitability, Retail Week has learned.
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M&S to sell Adidas and Sweaty Betty online as it extends brand strategy
Marks & Spencer will start selling products from Adidas and Sweaty Betty in an extension of its brands strategy.
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H&M U-turn on charging customers to return online purchases in-store
H&M has said it will not charge a returns fee for shoppers who return online purchases in-store.
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Next raises profit guidance as sales boom
Next has increased its full-year profit guidance for the third time this year as sales and profits boomed during its first half.