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Boohoo Group’s sales grow 48 percent

Online fashion retailer Boohoo

Boohoo Group has had a better year than expected. The online fashion retail group, with brands Boohoo, BoohooMan, PrettyLittleThing, MissPap and Nasty Gal, saw its revenue increase to 857 million pounds (962 million euros), which means an increase of 48 percent. Expectations are that Boohoo will pass the billion pounds milestone this year. Continue reading

Ecommerce in UK to reach €200 billion in 2019

The United Kingdom (UK)

The business-to-consumer ecommerce turnover in the United Kingdom is expected to reach over 200 billion euros at the end of this year. That would mean an increase of 14.6 percent compared to the situation last year, when ecommerce in the UK was worth almost 175 billion euros. Continue reading

Free delivery doesn’t increase return volume

Free delivery

Online retailers who offer free delivery don’t seem to experience having more items returned to them. Although many consumers often don’t pay for delivery, when they do return purchases, most of the time it’s not due to free delivery. Continue reading

Farfetch gives designer bags second life

Farfetch

Farfetch has introduced Farfetch Second Life: a new initiative to give designer bags a second life. Customers can exchange their beloved handbags for credit they can use to fund future purchases on the online fashion store. Continue reading

Checkout.com raises 206 million euros

Checkout.com

Checkout.com, a London-based provider of online payment solutions has raised 230 million dollar (206 million euros). It’s Europe’s largest fintech Series A round ever. It’s the first time the payment solutions provider is taking funding from outside investors. Continue reading

27% of top UK retailers don’t communicate during delivery

Delivery

The largest online retailers in the United Kingdom aren’t so keen on communicating with shoppers during the delivery period. As a matter of fact, only four of the 100 largest online retailers in the country provide customers with personalized information about their order status, while 27 don’t communicate at all during delivery. Continue reading

Square launches Online Store solution in UK

Square

Payments provider Square has announced the launch of Square Online Store for sellers in the United Kingdom. This allows small and medium-sized enterprises to sell both online as offline, with a free starter plan. Continue reading

The top 30 UK logistics service providers

Logistics in Europe

The Chartered Institute of Logistics and Transport has compiled a list with the top 30 logistics and service providers in the United Kingdom. Spoiler alert: DPD Group is the number one. But who are the other top logistics companies? Continue reading

Asos will block serial returners

Asos

Asos is done with online shoppers who turn out to be serial returners. The UK fashion retailer doesn’t want customers who wear their purchases and then return them, or customers who order and return way more items than ‘the most loyal Asos customer’ would order’. Asos is now threatening to deactivate these accounts. Continue reading

The Delivery Group acquires Onepost

The Delivery Group

The Delivery Group announced it has acquired independent postal management provider Onepost. It’s unknown how much the UK postal and ecommerce operator paid for Onepost, but it will bring together two major players in the British mail and ecommerce sector. Continue reading