Very posts Christmas sales rise bolstered by credit offering

Very

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%.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading

Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • 3 free articles a month on Retail-Week.com
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.