The ‘Industry News’ Category

Visualsoft client named in The Times Fast Track League

Author admin
Posted December 5th, 2011
Longstanding Visualsoft client Menkind has been named in the prestigious Fast Track 100 League Table, which is produced by The Times newspaper. The fifteenth annual Fast Track 100 League Table supplement, which aims to highlight the UK’s top-performing private companies and entrepreneurs, was published in The Sunday Times yesterday. Despite the recent downturn, over the past three years companies increased sales on average 87% per year from a combined total of £714m to £4bn, and...
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Arcadia reports online boost of 27%

Author admin
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...
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Just another Manic Monday

Author admin
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...
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Mobile sales continue to climb in Q2

Author admin
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...
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Profits soar by 66% at ASOS.com

Author admin
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...
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