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With the COVID-19 pandemic putting many people’s careers on hold, now has never been a better time to start that business that you always dreamed about. If you’re furloughed, you probably have bucket-loads more time on your hands- which gives you the perfect opportunity to start some serious planning for your new business. In this new age of technology, ecommerce...
Grocery sales rose 7.4% in the 12 weeks to March 21 in a marked slowdown compared with previous months, according to new data from Kantar. Sales were down 3% in the four weeks to March 21 compared with a year earlier – the first comparison with the first national lockdown that saw supermarket shelves stripped bare at the start of...
In Burberry’s latest venture in digital innovation, the luxury fashion house has collaborated with ELLE Digital Japan to create an interactive virtual replica of its flagship Ginza store. Mirroring the physical Burberry Ginza store, the virtual space is built out over three floors: the ground floor offers signature bags including the Olympia, the Pocket and the Lola Bags. The first floor...
Alex Chesterman
UK online car seller Cazoo has agreed to float on the stock market in New York in a listing that will value it at around £5 billion (seven billion US dollars). The company, which was founded just over two years ago by prolific tech entrepreneur Alex Chesterman, will go public through a merger with a blank-check acquisition company led by...
Deliveroo extension plans
Deliveroo has said it will price shares for its highly anticipated stock market listing towards the bottom of its price range due to “volatile” market conditions. It comes after a week in which a raft of leading fund managers said they will reject the listing – which could be the UK’s biggest for a decade – amid concerns over workers’...
Brands should anticipate a surge in spending over the coming weeks, as today's lifting of restrictions marks the start of a season of shopping for consumers – with interest in going out garments and holiday accessories set to soar amongst the old and the young. That’s according to fresh new consumer research carried out by eBay Ads UK, which reveals...
OnBuy.com has announced the appointment of Mark Lister as Chief Commercial Officer as part of a series of C-suite hires. Mark Lister brings over 20 years’ commercial experience to the role, including expertise in the eCommerce and marketplace sector built over the past 12 years. Before being headhunted to grow a marketplace in Kuwait, Mark held the position of Senior Director...
Online bathroom retailer Victoria Plum has announced that its sales rose by a record 46 per cent to £103m for the year ended 28 February 2021. In addition, the Doncaster, South Yorkshire, headquartered business saw its EBITDA increase by 115 per cent to £4.5m. Over the same period, the company grew its headcount from 349 to 398. 2021 marks Victoria Plum’s...
Retail campaigners are calling for an Eat Out to Help Out-style scheme to boost the tills of beleaguered independent shops after they finally reopen on April 12. The campaign group Save The Street, backed by figures including retail expert Mary Portas and beauty entrepreneur Charlotte Tilbury, have called on Chancellor Rishi Sunak to support the sector by offering customers 50%...
The London markets jumped higher on Friday
The London markets jumped higher as sentiment improved at the end of a turbulent week for traders. UK investors were calmed by February’s retail sales figures which unveiled a partial recovery, with sales volumes jumping 2.1% against the previous month although were still 3.7% below the same period last year. The FTSE 100 closed 65.76 points, or 0.99%, higher at 6,740.59...

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