Tag : ecommerce
Returns to jump on ‘takeback Thursday’Subscription
Returns of online purchases are expected to increase by 72% today, as shoppers take back unwanted and ill-fitting Christmas presents.
The Hut Group investment reaches €1bnSubscription
Coggles owner The Hut Group (THG) is reported to have raised additional funding to reach a total of €1bn (£832m) of investment to help drive expansion plans.
The Missguided rescue missionSubscription
Missguided suffered a dramatic fall from grace when profits crumbled in 2017. Founder and CEO Nitin Passi reveals the drastic action he took to turn the etailer round.
Drapers Hit or Miss: fashion rentalSubscription
As the rental fashion trends begins to take off, Drapers road tests four platforms offering consumers the chance to hire their wardrobes.
Gen Z's alternative social channelsSubscription
As Facebook and Instagram have become well established for retailers, and consumers spread their social attention to new platforms, Drapers looks into the success of four alternative platforms: TikTok, Snapchat, Twitch and Pinterest.
Trotters relaunch boosts online salesSubscription
Childrenswear retailer Trotters has recorded 50% growth in its ecommerce sales, 12 months on from relaunching its digital business.
Revenue soars at Global Fashion GroupSubscription
Global Fashion Group has announced a 16.9% jump in revenue to €928.3m (£795m) for the first nine months of 2019.
Alibaba hires executives to expand UK portfolio Subscription
Chinese retail giant Alibaba has reportedly hired a small team of executives at its London offices to build a UK portfolio.
'Fair' tax proposed for etailersSubscription
Digital and tech firms face new taxation proposed by the Organisation for Economic Co-operation and Development’s (OECD) to ensure all multinational enterprises (MNEs) pay their “fair share”.
Winser London gets to work with Gillian AndersonSubscription
The womenswear brand is growing globally on the back of women’s increasing demand for modern workwear.
'Kylie', 'Kim' and the march of Missy EmpireSubscription
Manchester-based fast fashion etailer Missy Empire has a new headquarters and is primed for growth
Hush's quiet journey to a £40m lifestyle empireSubscription
Womenswear brand Hush has gained a devoted following by telling a brand story beyond its relaxed clothing offer
Drapers investigates the real costs of running an online operation for fashion retailers, and analyses what steps retailers can take to make the most of this fast-growing route to market.
In a demanding womenswear market, SilkFred’s Emma Watkinson has a unique dual approach to fashion retail.
Europe to overtake UK ecommerce growthSubscription
The UK’s ecommerce market is expected to grow by 9% a year to reach €231.2bn (£208bn) by 2021, but many European Union markets are likely to outstrip this growth rate.
Inside JD.com’s robot-powered revolutionSubscription
Drapers visits Chinese ecommerce giant JD.com’s headquarters to find out how developments in its fulfilment capabilities could benefit UK brands.
In the wake of Asos’s second profit warning in seven months, Stephen Springham, head of retail research at property consultancy Knight Frank argues that ecommerce is not a golden ticket to success.
24S: bringing Parisian luxury to ecommerce Subscription
Maud Barrionuevo, global buying director for luxury Parisian ecommerce site 24S, tells Drapers her lessons in luxury.
Content: the best ways to tell your brand storySubscription
Retailers are increasingly working with content – video, editorial, social media or podcasts – to build their brands and encourage sales. Five experts explain to Drapers how they are leveraging content to drive their businesses forward.
Maximilian Bittner, CEO of resale giant Vestiaire Collective, details his ambitious, industry-shifting ambitions for the fast-growing luxury platform.
The Row launches online storeSubscription
Luxury fashion house The Row, from US actresses-turned-designers Mary-Kate and Ashley Olsen, launched its ecommerce business today.
Fast fashion etailer Femme Luxe has reached £1m in monthly sales, and plans to increase this to £2m per month by August.
Global Fashion Group prepares IPOSubscription
International etailer Global Fashion Group (GFG) is gearing up to float on the Frankfurt Stock Exchange
A substantial 18.7% growth in ecommerce sales helped Moss Bros’ most recent overall sales for the 15 weeks to 11 May remain buoyant. Drapers spoke to head of ecommerce Matthew Henton to find out how he is going to sustain the growth driving Moss Bros’ balance sheet.
Mytheresa to launch menswear Subscription
Luxury womenswear etailer Mytheresa is launching menswear in January 2020.
Nosto: ‘Personalisation is a must-have’Subscription
At the Drapers Digital Festival today, Max Wilkinson, ecommerce specialist at personalisation platform Nosto, explained how data can be used to deliver personal and relevant shopping experiences.
For the fast-moving fashion industry, innovating at speed is crucial. Fayez Mohamood, CEO and co-founder of retail marketing platform Bluecore shared his tips with the Drapers Digital Festival.
Adidas: 'Turn your business on its head'Subscription
Stephanie Peterson, vice-president digital – planning and activation at Adidas, kicked off today’s Drapers Digital Festival by urging retailers to turn their everyday business practices “on their head”.
Achieving digital transformation in a business relies on combining analytics and creativity, David Boyle, customer insights director at Harrods, told the Drapers Digital Festival today.
Combining the promise of rental with the popularity of resale, new peer-to-peer lending sites could be fashion’s next disruptor.
Online shopping complaints jump 84%Subscription
Consumer complaints over online shopping services and package deliveries have rocketed over the past year.
Unexpected revenue surge at ZalandoSubscription
Etailer Zalando has reported a 1,500% increase in adjusted earnings before interest and taxes (EBIT) to €6.4m (£5.49m) in the first quarter of 2019, when it usually makes a profit loss from selling heavily discounted stock after Christmas.
Zalora appoints new COOSubscription
Asian ecommerce site Zalora has named Rostin Javadi as its new chief operations officer, tasked with driving “operational excellence” across the business.
Zalora group appoints new CTO Subscription
Asian etailer Zalora has appointed Silvia Thom as its new chief technology officer, effective from today.
Brands are winning customers with super-speedy copy-cat celebrity styles – but this comes at a cost.
Online styling services put to the testSubscription
Styling services are a blossoming sector of the ecommerce world. Drapers puts five to the test – and finds many of them lacking.
Zalando to close private-label businessSubscription
Berlin-based etailer Zalando is to close its private-label business as it reviews its product assortment strategy.
Going viral: how fashion harnesses hypeSubscription
As platforms such as Instagram continue to shape the way consumers shop, products garner frenzied attention on social media – but what is behind the pieces that go viral, and how is the phenomenon impacting the way brands and retailers function?
Victor Herrero, former CEO of denim brand Guess, has been appointed to the board at Global Fashion Group (GFG) as non-executive director and chairman of the sustainability committee.
Global Fashion Group (GFG), the ecommerce company behind retailers including Zalora, The Iconic and Dafiti, has announced an 18.7% rise in revenues to €1.16bn (£1bn) for the full year 2018, cutting its adjusted EBITDA loss to €49.8m (£43m) for the period.
Click and collect to grow to £10bn Subscription
The click-and-collect shopping market is predicted grow to £9.8bn by 2023, and clothing and footwear commands the largest proportion of that spending.
Sales rocket at Ego Subscription
Manchester-based fast fashion footwear business Ego had a 78% increase in revenues to £10m in the 12 months to 31 December 2018.
Sales soar at Femme Luxe Subscription
Manchester-based fast fashion etailer Femme Luxe had a 450% year-on-year increase in sales in the year to 31 December 2018, to £4.7m.
Online growth hits record low in DecemberSubscription
Online sales growth in the UK dropped to an all-time low of 3.6% in December 2018, capping a rollercoaster year for the digital sector.
As high street store sales decline, brands are turning to online concessions to get their product in front of consumers
Retail's new digital toolboxSubscription
Digital trends in fashion retail can be gimmicky and fleeting, but in 2019 retailers will recognise the practical role new technologies can play.
Fashion industry leaders' predictions for 2019Subscription
With Brexit looming, consumer confidence dwindling and retailers seeking new ways to offer the best experience for shoppers, Drapers speaks to fashion leaders across the industry to see what they predict for the year ahead.
Moda Operandi appoints new buying boss Subscription
Luxury online retailer Moda Operandi has appointed Puja Clarke as senior vice-president of fashion buying and ecommerce.
Fashion hit by £1.6bn peak returns impactSubscription
Fashion retailers in the UK are set to be hit by a £1.6bn impact on margins over the peak trading period, as customer returns spike in the wake of Black Friday.
Exclusive: Zalando signs bevy of premium brandsSubscription
Berlin-based etailer Zalando has signed up 17 new premium brands for the first quarter of 2019 as it seeks to become a “noteworthy destination” for affordable luxury fashion, Drapers can reveal.