Retailers and brands have been including a lot more photos from real people on their social channels and websites in recent periods and it seems that this is a good move as a new study shows that shoppers like this.
Boohoo on Monday confirmed that it has bought the Debenhams brand for £55m. It will use it to move into beauty and homewares, extend its own brand offering, operate a giant online marketplace and grow internationally.
Selfridges weathered the 2020 storm, despite enduring the toughest retail year in decades. That’s according to company chief Anne Pitcher who admitted that it was the “most difficult” period in its 113 years.
Alibaba Group’s cross-border business-to-consumer marketplace Tmall Global has increased its support for international brands, unveiling a new suite of solutions at the 2021 Tmall Global New Seller Virtual Summit.
Online retail giant Very Group could be the next big name in line for an IPO with a report that its owners, who also own the Telegraph newspaper, are exploring the potential of a £3 billion+ stock market float.
Seasalt saw its sales jumping during the festive season even though it endured a 44% fall in sales through physical shops. Fortunately, its webstore easily made up for the shortfall with a 95% increase.
N Brown may have moved to an online focus in recent years, but unlike some other pureplay retailers, it didn’t have such a good autumn and festive season. Yet despite sales falls, there are signs it’s on the right track
E-tailer Very Group has reported a buoyant set of figures for its festive period with the seven weeks to Christmas seeing group revenue up 15.3% year-on-year. It surpassed £500 million for the period for the first time.
Malls giant Unibail-Rodamco-Westfield has made big changes to its structure with a larger management board and a new group organisation “to bolster its agility in responding to challenges and prepare for the future”.