Tag : Very
Shop Direct on verge of £150m refinancingSubscription
The Barclay brothers, owners of Shop Direct, are said to be on the verge of securing £150m of financing to alleviate the etail group’s troubles.
Group revenue at Shop Direct was up 3.7% year on year for the seven weeks ended 28 December 2018, driven by strong clothing and footwear sales and overall growth at Very.
Derek Harding to leave Shop DirectSubscription
Shop Direct’s group finance director Derek Harding will leave the business early next year.
Very's inspirational Christmas advertVideoSubscription
Very’s new Christmas ad sends emotions into orbit with the tale of Elsie, a young schoolgirl whose dream of being an astronaut is inspired by the gift of a toy astronaut helmet.
Shop Direct profits boosted by VerySubscription
Shop Direct, which owns online retailers including Very and Littlewoods, has announced an 11% increase in EBITDA to £262.3m and a 9.5% rise in operating profit to £224.6m, for the year to 30 June, driven by strong sales at Very.com.
Will Very Exclusive brands stay with Very?Subscription
The merger of Very Exclusive with the Very website may make business sense, but experts question whether luxury brands will be comfortable on the main platform.
Shop Direct is to transition its luxury fashion proposition Very Exclusive to its main Very site to allow customers to shop the clothing ranges in one place.
Hit or miss: the best (and worst) online returnsSubscription
Drapers’ annual test reveals which retailers offer the quickest and most convenient services.
Group revenue at Shop Direct jumped by 6.3% in the seven weeks to 22 December 2017, driven by a strong performance from lifestyle site Very and electricals.
Shop Direct owners the Barclay brothers may miss out on a dividend of up to £200m after overhauling the group’s refinancing, it has been reported.