Latest online retail news – Page 95
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NewsN Brown names Tesco boss Matt Davies as chairman
N Brown has drafted in Tesco UK chief executive Matt Davies as chairman, succeeding Andy Higginson.
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NewsBurberry to sell on Farfetch in bid to expand reach
Burberry will sell on Farfetch in a bid to extend its global reach and appeal to more consumers.
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NewsH&M predicts tough 2018 amid online focus
H&M has warned investors to expect lower profits in 2018 as it ploughs investment into new concepts and online to turn around its fortunes.
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NewsAmazon swings axe on hundreds of head office jobs
Amazon is to slash hundreds of roles at its headquarters in Seattle and a similar number in global operations.
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NewsNew Look sales plunge in ‘challenging’ quarter
New Look has posted a nosedive in online and store sales, but boss Alastair George said new initiatives will “get the company back on track”.
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NewsOcado sales up but profits flat as tech investment bites
Ocado has posted flat full-year profits and warned that ongoing investment in its proprietary technology would hamper earnings in 2018.
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NewsN Brown poaches senior hires from AO and Missguided
N Brown has made a trio of senior hires, poaching its new chief people and information officers from Missguided and AO.
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NewsMorrisons to launch clothing brand Nutmeg online
Morrisons will sell its clothing brand Nutmeg online as it ramps up plans for its fast-growing fashion proposition.
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NewsAlibaba launches ecommerce app for elderly shoppers
Alibaba’s online marketplace Taobao has rolled out an updated version of its ecommerce app that specifically caters to older shoppers.
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NewsAmazon sales and profits surge, driven by Prime
Amazon’s sales and profits jumped last year, helped by an uptick in demand for Prime.
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NewsOnline retail search growth slowed in golden quarter
The pace of online retail search growth slowed in the last quarter of 2017, with volumes growing just 3%.
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NewsLidl launches AI-powered wine chatbot on Facebook
Lidl has launched an AI-powered sommelier to help customers making purchases from its wine ranges.
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NewsWalmart partners with Japanese online giant Rakuten
Asda owner Walmart has partnered with Rakuten to launch a new online grocery service in Japan.
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NewsAsos sales soar driven by 'exceptional' UK performance
Asos sales skyrocketed in the first four months of its financial year, bolstered by growing momentum in its UK division.
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NewsRichemont bids for total control of Yoox Net-a-Porter
Richemont has bid for total control of Yoox Net-a-Porter, in a move which would take the listed company private once more.
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NewsSuperdrug Christmas sales spike spurred by brow kits
Superdrug has recorded an upsurge in its festive sales bolstered by ‘the selfie generation’ as shoppers snapped up highlighter and brow products.
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NewsCo-op partners with Deliveroo for online grocery trial
The Co-op has partnered with Deliveroo to pilot home deliveries as the mutual ramps up its convenience credentials.
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NewsZalando has strong finish to year with bumper Christmas
Zalando said it “pulled off a strong finish to the year” as sales in the golden quarter hit between €1.32bn and €1.35bn, a rise of 21.2% to 23.2%.
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NewsMobile makes up bulk of soaring Yoox Net-a-Porter sales
Luxury etail group Yoox Net-a-Porter’s sales jumped 11.8% (16.9% based on constant currency) to €2.1bn in 2017.
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NewsShop Direct names interim CEO as Christmas sales spike
Shop Direct has named group finance director Derek Harding as its interim chief executive following a spike in Christmas sales.