Young people actually prefer physical shops more than any other age group July 18, 2016 The success of online retail is less dependent on iPhone-obsessed millennials than you may think, according to new research by British Land. Young people are actually more likely to visit an physical shop than any other age group. They are also most likely to browse items in a physical store, and order online later if what they want isn't in stock. [...]
Sports Direct and Debenhams will be hardest hit by Brexit, according to Canadian bank RBC – here’s why August 30, 2016 Debenhams and Sports Direct are likely to be two of the retailers hardest hit by Brexit, according to Canadian bank RBC, due to currency pressures and rising costs for the industry. The analysts predicted that disposable income in 2017 would be flat – as compared to growth of around five per cent this year – [...]
Do you work for one of the UK’s 25 most attractive employers? June 21, 2016 It's causing fevered debate in offices. Politicians are clashing over it. The cats of social media are up in arms about it. Yep, LinkedIn's list of the UK's top 25 most sought-after employers is out – and the good news is that City institutions are faring pretty well. The list, based on analysis of the site's 20m members, [...]
Week ahead: Fashion retailers and builders are in the spotlight July 11, 2016 Alongside the Bank of England’s first meeting after the UK voted to quit the European Union it will be a busy week of corporate numbers. Bank of England officials announce their monetary policy decision on Thursday and many economists are expecting a loosening of interest rates. The FTSE 100 rose to its highest level in [...]
Asos share price rises as sales smash through £1bn barrier October 20, 2015 The figures Group revenue rose 18 per cent to £1.15bn in the year to 31 August 2015, from £975.5m in 2014. This was helped by retail sales, which increased 17 per cent, from £955.3m to £1.12bn during this period. Pre-tax profit rose one per cent to £47.5m despite Asos investing in proposition, warehousing and people capabilities. These costs were partially offset by insurance proceeds [...]
Black Friday 2015 UK: The best fashion deals from Asos, Gap, Hobbs, Topshop, Harvey Nichols, Selfridges and many more November 26, 2015 Fashion-concious shoppers who are preparing to dip into their wallets for Black Friday will be able to choose from a range of high street shops to designer brands. November 27 is widely tipped to be the biggest shopping day of the year, with a number of estimates expecting tills to ring to the tune of £1bn in just 24 hours. Figures [...]
Black Friday 2015 UK deals: Amazon, John Lewis, Tesco, Currys PC World, Ebay, Carphone Warehouse and Asos sales are here November 26, 2015 Retailers up and down the UK are offering massive savings as part of the Black Friday sales. This year Black Friday will happen on Friday 27th November. However, some retailers have already started their week of deals. Outlets including Amazon, Argos, Very, Ebay have been running hundreds if not thousands of deals throughout the week. Others like Tesco, John [...]
Asos founder Nick Robertson steps down as boss September 1, 2015 Asos founder and boss Nick Robertson is expected to announce his departure from the top job at the fashion website this morning. Read more: Asos goes from annus horribilis to the height of fashion Robertson who set up the company, one of the UK’s most high-profile tech success stories in 2000, has told the board he [...]
AO World world shares jump as sales heat up July 21, 2016 AO World became the FTSE 250's highest riser this morning after it posted figures showing sales had leaped in the first quarter. The figures In a statement posted ahead of its annual general meeting today, online white goods retailer AO World said AO branded UK sales had risen 29 per cent in the three months between 1 April [...]
Owen Smith is calling on Labour to delay its leadership election by two weeks, pushing the result to mid-October August 11, 2016 Owen Smith's leadership campaign is calling for a two week extension to the party's leadership battle following a landmark verdict forcing Labour to reassess who will be able to vote. Earlier this week a court ruled that Labour could not bar new members from taking part in the leadership selection, with Smith immediately responding with [...]