All Online retail & ecommerce articles – Page 22
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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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AnalysisThe Range: The value variety chain bringing back Wilko
With news emerging that five Wilko stores will be brought back to high streets and retail parks by new owner The Range, Retail Week explores what the value variety retailer has been doing to cement its place as a staple in UK retail
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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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AnalysisBlack Friday: Retailers confident of festive boost despite consumer caution
After one of the roughest years for consumer confidence on record, retailers are entering the golden quarter on less sure footing than ever.
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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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Retail VoiceWhat is really driving in-store spending?
As retailers prepare for their busiest time of year, Elavon Europe’s Michael Bosshammer examines consumers’ main motivations to spend
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AnalysisStrategy spotlight: Five ways Very Group aims to be a world-class digital leader
The Retail Week analyst team examines five ways the digital retailer The Very Group is striving to become a “world-class” leader in its field.
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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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AnalysisFat Face: What sort of business is Next buying and where does it fit?
Although Next boss Lord Wolfson recently said he was determined not to see the fashion giant become a conglomerate-style “corporate blob”, it has snapped up another retailer.
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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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Opinion‘Asos hasn’t captured the hearts and wallets of Gen Z and Gen Alpha’
The news this week of more upheaval at Asos, with senior leadership departures following a 12-month revenue decline, is a stark reminder of how challenging it is to remain relevant in today’s ever-changing retail world.
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AnalysisWolfson’s wisdom: How Next has stayed successful for more than 20 years
In two decades, Next has barely put a foot wrong. Retail Week finds out what lies behind the fashion powerhouse’s success and how it is planning to grow even further.