We report this week on stories that challenge what we thought we knew about retail. We look at ONS analysis that suggests online retail is expanding alongside stores, and not at their expense. And we report as French Connection sees the money it makes via other businesses overtake the amount it makes directly.
The retailer has become a model brand within its parent company the Kingfisher Group, thanks to its fast growth via digital, and in particular via mobile. But what can other retailers learn from its success?
Moss Bros said today that its men’s formalwear hire and retail business was particularly badly hit by this summer’s combination of hot weather and the World Cup – and that full-year profits were likely to be below expectations.
French Connection saw more of its sales take place through other businesses than through its own in the first half of its financial year, as revenues from wholesale overtook those from its retail business, its figures showed today.
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