All Pure play articles – Page 2
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Analysis
Deep dive: How to think like a pureplay and survive the online sales shift
The time of the pandemic has been, for retail, the time of the pureplay – or at least a definitive switch to online.
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Analysis
From M&S to MS2 – can pureplay shift turbocharge fashion performance?
Marks & Spencer’s half-year results again spotlighted the accelerated shift to online shopping that has accompanied the Covid-19 pandemic.
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News
Supply chain watchdog shuns Boohoo Leicester inquiry, questions independence
Supply chain monitor the Ethical Trading Initiative (ETI) has declined to take part in Boohoo’s Leicester inquiry, questioning its focus on factories and not on the retailer’s buying procedures.
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News
Studio Retail profits grow as it anticipates ‘strong’ Christmas trading
Online value retailer Studio has reported positive full-year results, which have since been strengthened by trading throughout the last 20 weeks.
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News
AO.com reports ‘strong’ sales growth ahead of AGM
Pureplay electronics retailers AO.com has reported “strong year-on-year revenue growth” in the UK and Germany ahead of its annual general meeting today.
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News
Asos unveils new supply chain commitments for third-party brands
Fast-fashion giant Asos has published four new commitments required of third-party brands in the wake of the Leicester sweatshop scandal that engulfed the UK fashion industry.
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Opinion
‘Asos ticks the boxes for success in turbulent times’
Online fashion trailblazer Asos’ trading update this week was a sparkling exception that proved the generally dismal rule that the retail industry right now is under the cosh as never before.
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News
MPs challenge Boohoo for ‘turning a blind eye’ to Leicester sweatshops
In a letter sent to Boohoo founders Mahmud Kamani and Carol Kane, MPs have called out Boohoo for falsely claiming no knowledge of the illegal working practices in their Leicester supply chain.
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News
Sosandar appoints new finance director
Sosandar has appointed Stephen Dilks as its new finance director, to replace head of finance James Bowling.
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News
Boohoo snaps up remaining stake in PrettyLittleThing
Boohoo has acquired the minority 34% stake to wholly own PrettyLittleThing shortly after mounting a defence of its ownership of the brand against a short-seller attack.
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News
Boohoo full-year sales and profits soar in ‘great’ year
Boohoo has reported a strong rise in its preliminary sales and profits as boss John Lyttle said the coronavirus pandemic had highlighted the “key strengths” of the business.
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Analysis
Analysis: Asos data reveals lockdown sales recovery pattern in Europe
After a record first half, Asos’ celebrations have been momentarily paused as the fashion pureplay tackles the impact of coronavirus on customer traffic and sales.
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News
Asos profits jump as it orders £200m equity raise to cope with coronavirus
Asos has launched an equity share raise and extended its revolving credit facility to deal with the impact coronavirus on its business.
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News
Asos warehouse should stay open, staff union says
The trade union that represents Asos’s Barnsley distribution workers wants the warehouse there to carry on trading, rejecting calls for its closure by rival unions and politicians who have questioned coronavirus safety measures at the premises.
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News
Zalando warehouses to stay open despite fall in consumer demand
Pureplay fashion retailer Zalando says it will keep its warehouses open in a bid to preserve “business continuity” despite saying it had seen a drop in consumer demand for its products due to the coronavirus pandemic.
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Analysis
Data: How online demand has changed since coronavirus lockdown
As Next and TK Maxx suspend online operations, the latest data shows the UK’s online spending habits have shifted since the coronavirus lockdown began and are now skewed towards essential provisions and the home, garden and electricals categories.
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News
Net-a-Porter closes UK warehouse and Asos hits back at union health claims
Pureplay luxury fashion brand Net-a-Porter confirmed it will close its UK distribution centre in the next few days, while Asos lashed out at union claims it is ‘playing Russian Roulette’ with warehouse workers’ lives.
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News
Boohoo hails record-breaking Black Friday weekend
Boohoo has registered a “strong” Black Friday performance across the promotional weekend with key brands bolstering sales.
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Opinion
Move of the Week: Asos’ ‘ferociously intelligent’ chief growth officer
Asos’ decision to hire its first chief growth officer has sparked debate about what the job entails and why the business needs one now.
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News
Asos recruits chief growth officer to bolster executive team
Asos has snapped up former Blink Health executive Robert Birge for the newly created role of chief growth officer.