John Lewis defies retail troubles as it reports festive sales rebound December 18, 2018 John Lewis has bucked the downward retail trend, reporting a rebound in sales last week as it matches rival pre-Christmas promotions. The department store said total sales for the week to 15 December were up 1.8 per cent compared to the same period last year. The employee-owned company said the sales boost was due to [...]
Angling Direct sales jump 32 per cent after bumper Black Friday December 18, 2018 Fishing specialist Angling Direct saw its sales soar in the four months to the end of November as customers rose to the bait of its Black Friday offers. Angling Direct reported a 31.5 per cent increase in sales to £14.6m, boosted by a 24 per cent rise in online sales and record Black Friday trading. [...]
Digital marketing agencies Forward3D and PMX Agency to form global brand January 15, 2019 Digital marketing firm Forward3D is merging with PMX Agency to create a new global brand, the company said today. London-based Forward3D, whose clients include Asos, Virgin and Calvin Klein, will merge with US firm PMX to form ForwardPMX. Read more: Unlimited Group unveils alliance with German and Japanese agencies The combined agency will have a pool [...]
Profiting from the retail revolution: What’s hot and what’s not? January 15, 2019 It turns out that so-called Super Thursday wasn’t so super after all. Despite being lauded as a day when retailers boast strong figures from the festive period, last Thursday proved to be a mixed basket of results. With consumers feeling the pinch and Brexit-sized uncertainty looming large over the high street, it’s not surprising that [...]
London Stansted’s owner has just launched a startup to improve its tech credentials using Amazon and Asos for inspiration December 7, 2017 London Stansted’s owner has today announced plans to improve customer experience and fight off competition from a rising wave of travel startups – by launching what will effectively serve as its own startup. Manchester Airports Group (MAG) has launched its own technology and e-commerce arm, which it said will enable the airport group to respond [...]
Burford Capital: AIM’s biggest firm still growing fast March 21, 2019 By Graeme Evans from interactive investor. This AIM star is already big enough to make the FTSE 100, but City analysts argue it is worth even more. The extraordinary story of Burford Capital (LSE:BUR) continued in earnest today as the AIM market's biggest stock delivered another record year of significant profits growth. With shares up [...]
UK online retailer Sosandar thinks it can score better margins than Boohoo and Asos October 30, 2017 The giants of e-commerce have become experts at selling catwalk looks to cash-strapped millennials online, but new entrants are looking to take advantage of gaps in the online market. Founders of newcomer Sosandar, Ali Hall and Julie Lavington, are targeting wealthier women who have grown up buying clothes from Asos, but now want to buy [...]
Black Friday promotions drive unexpected retail boost in November December 20, 2018 Retail sales enjoyed stronger-than-expected growth in November as shoppers cashed in on Black Friday promotions. Sales over the month increased by 1.4 per cent compared to the same period last year, far higher than the 0.3 per cent forecast in a Reuters poll of economists. But over the three months to November sales rose by [...]
Your road map to the Isa universe: Make the most of your tax-free allowance March 10, 2020 There are just 27 days to go before the tax year ends on 5 April. For savers and investors, that means there are only a few weeks left to make use of their Individual Savings Account (Isa) allowance. Introduced in 1999, Isas allow people to invest up to £20,000 into savings each tax year, and [...]
Why 2019 will not mark the death of the high street January 2, 2019 When HMV went into administration in 2013, disgruntled employees used the retailer’s Twitter account to give live updates of the “mass execution” at the beleaguered music firm. However, ahead of last week’s announcement that the the 97-year-old business was collapsing for a second time, passwords for all its social media accounts were changed to avoid [...]