Arcadia, the fashion group behind the likes of Topshop, Miss Selfridge, Burton and Topman, has reported a boost in online sales by 27% when compared to the same period in 2010.
Although this positive news has come at a time with many retailers reporting a growth in sales, at the same time Acardia has also revealed that profits slumped 38% to £133m in the 12 months leading up to September 2011, and as a result of this is planning to close around 10% of its bricks stores in the coming...
The ‘Industry News’ Category
Arcadia reports online boost of 27%
Posted December 1st, 2011
Arcadia, the fashion group behind the likes of Topshop, Miss Selfridge, Burton and Topman, has reported a boost in online sales by 27% when compared to the same period in 2010.
Although this positive news has come at a time with many retailers reporting a growth in sales, at the same time Acardia has also revealed that profits slumped 38% to £133m in the 12 months leading up to September 2011, and as a result of this is planning to close around 10% of its bricks stores in the coming...
Just another Manic Monday
Posted November 21st, 2011
Today is Manic Monday, the day that retailers
are widely known to kick-start the tradition for early Christmas shopping and take advantage of the busiest day of the year for etailers online, with various offers and promotions.
Manic Monday is well known to be the busiest day of the year for shopping online, as it traditionally falls after the last pay day before Christmas but still allows time for delivery and wrapping before December 25, which falls on a Sunday in 2011.
Experts from...
are widely known to kick-start the tradition for early Christmas shopping and take advantage of the busiest day of the year for etailers online, with various offers and promotions.
Manic Monday is well known to be the busiest day of the year for shopping online, as it traditionally falls after the last pay day before Christmas but still allows time for delivery and wrapping before December 25, which falls on a Sunday in 2011.
Experts from...
Mobile sales continue to climb in Q2
Posted November 14th, 2011
IMRG have released new statistics which show that the average sales via moble has jumped from 0.4% at the beginning of 2010 to 3.3% in Q2 of 2011.
This shows that consumer confidence in mobile commerce is continuing to grow, as technology becomes more sophisticated and more retailers choose to invest in a mCommerce platform for their business. The percentage of visits via mobile is also increasing, from an average of 1.4% in Q1 2010/11 to 7% in the latest quarter. The rate of mobile...
Profits soar by 66% at ASOS.com
Posted October 27th, 2011
Fashion giant ASOS has released new stats this week 
which reveal that half year profits leading up to September 2011 have soared by 66% to £11.7m.
Overseas revenue, which now accounts for 58% of group sales, increased 150% while UK revenue grew by 8%. ASOS retail margin was up £170bn and its gross margin up £10bn year on year.
Founded in 2000, ASOS has experienced phenomenal growth in just over 10 years, and now has just over 2.1m active customers in the UK alone. However, ASOS are...
which reveal that half year profits leading up to September 2011 have soared by 66% to £11.7m.
Overseas revenue, which now accounts for 58% of group sales, increased 150% while UK revenue grew by 8%. ASOS retail margin was up £170bn and its gross margin up £10bn year on year.
Founded in 2000, ASOS has experienced phenomenal growth in just over 10 years, and now has just over 2.1m active customers in the UK alone. However, ASOS are...
Solid online sales reported for September
Posted October 13th, 2011
The latest figures published by the IMRG Capgemini e-Retail Sales Index have shown that September of this year was a strong month for online retailing, with the Index climbing 15% when compared to September 2010. This equates to £5.5bn spent online throughout the month, and online spend for 2011 hitting £47bn with the three months run up to Christmas still remaining.
This growth is said to be down to the sales of small ticket items which continue to sell very well online, coupled...
