Littlewoods and Very owner Shop Direct enjoys Christmas sales bounce Very and Littlewoods operator Shop Direct saw a rise in revenues over the festive period, as Black Friday discounts and Christmas shopping boosted sales. Revenue climbed 3.7 per cent year-on-year for the seven weeks to 28 December, with clothing and footwear seeing a particular bounce, rising eight per cent at group level. Very, the company’s [...]
Shop Direct swings to a loss as rising costs and PPI claims hit profits Littlewoods owner Shop Direct has moved into the red in the last 12 months, as rising construction costs for new distribution centres and mounting PPI mis-selling claims mount up for the online retailer. Pre-tax losses hit £24.7m in the year leading up to the end of June 2018, compared with profits before tax of £24.9m [...]
Shop Direct goes upmarket with luxury site ONLINE retailer Shop Direct has taken on its upmarket rivals after launching a new luxury goods website today led by My Wardrobe founder Sarah Curran. Very Exclusive is targeted at aspirational shoppers who can’t afford high-end luxury by selling “accessible” brands such as Marc by Marc Jacobs, Whistles and Barbour. The company, owned billionaire brothers [...]
Barclay brothers’ Shop Direct taps into smartphone shoppers October 28, 2014 Littlewoods owner Shop Direct yesterday said booming online sales on mobile phones helped to double profits at the business last year. The online retailer, owned by billionaire brothers Sir David and Sir Frederick Barclay, said nearly half of all online sales were made via mobiles last year. The boom helped pre-tax profits at the group [...]
Sainsburys, Asda, House of Fraser, Shop Direct and 15 more businesses will let customers pay via mobile with Zapp October 8, 2014 Sainsbury’s, Asda and House of Fraser are just some of the country’s biggest shops that will soon let customers pay for items using just a mobile phone via Zapp. The mobile technology, already supported in the apps of UK banks such as HSBC, Nationwide and Santander, will be supported by more than 15 high street [...]
Marc Jacobs, McQ and Vivienne Westwood: Shop Direct lifts the lid on Very Exclusive launch brands September 12, 2014 My Wardrobe founder Sarah Curran has unveiled the details of her latest venture – a luxury arm within Shop Direct – and some of the brands that have signed up for its launch next February. Very Exclusive will focus on luxury women's clothing, footwear, accessories and beauty when it goes live during London Fashion [...]
Mobile shoppers boost demand at Shop Direct January 13, 2014 SHOP Direct said sales from smartphone and tablets “exploded” over Christmas, boosting the group’s efforts to shift away from its roots as a traditional catalogue business. The online and catalogue retailer, which owns brands such as Very.co.uk, Littlewoods.com and isme.com, said total sales rose five per cent in the six weeks to 27 December compared [...]