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Nike digital sales rocket 82% as stores slump worldwide

Nike digital sales rocket 82% as stores slump worldwide

23 Sep 2020by Paul Skeldon
Sportswear firm Nike has seen a huge rise in online sales as it bounces back from a coronavirus slump, with digital sales rocketing 82% during the June to August quarter, offsetting falling revenue in its stores.
BrandsCovid-19IndustryNikeResilience
Amazon to help shoppers buy sustainably in drive to be carbon-neutral by 2040

Amazon to help shoppers buy sustainably in drive to be carbon-neutral by 2040

23 Sep 2020by Paul Skeldon
Amazon has launched a climate-friendly programme that will see more than 25,000 products displayed with a ‘Climate Pledge Friendly’ label to help shoppers make sustainable choices when shopping.
AmazonIndustrySustainability
Joules says Q1 results ‘encouraging’ as ecommerce revenues rise 63%

Joules says Q1 results ‘encouraging’ as ecommerce revenues rise 63%

23 Sep 2020by Paul Skeldon
Clothing retailer Joules has seen revenue from its ecommerce channel rise 63% in Q1 amidst what it says are “encouraging results against a tough backdrop”. Overall sales were down 18%, but ahead of its £39.6 million revenue forecast.
IndustryJoules
UK ecommerce businesses report revenue spikes in excess of 15% since the lockdown

UK ecommerce businesses report revenue spikes in excess of 15% since the lockdown

23 Sep 2020by Paul Skeldon
UK e-commerce companies have seen significant growth, both in revenues and repeat orders since lockdown. Firms report average annual revenue increases of more than 15% since April in line with the shift to online retail.
Covid-19Growth 2000IndustryResilience
73% online growth fails to stop John Lewis ditching bonus, as profits crash; Co-op sees brighter future

73% online growth fails to stop John Lewis ditching bonus, as profits crash; Co-op sees brighter future

17 Sep 2020by Paul Skeldon
It’s a tale of two co-operative retailers: staff-owned John Lewis has been forced to ditch its partner bonus for the first time since 1953, while member-owned Co-op reports better than expected results, thanks to food sales.
Co-opIndustryJohn LewisResilienceresults
Zara owner Inditex heads into profit on back of 74% ecommerce swing

Zara owner Inditex heads into profit on back of 74% ecommerce swing

16 Sep 2020by Paul Skeldon
Inditex, the parent company of Zara, Bershka, Massimo Dutti and Pull & Bear, has seen profits return to the black for the past quarter, despite bricks and mortar sales continuing to plummet.
InditexIndustryInternationalResilience
Carrefour ramps up food delivery capabilities in Belgium

Carrefour ramps up food delivery capabilities in Belgium

16 Sep 2020by Paul Skeldon
Carrefour continues to expand its food delivery services in Northern Europe, announcing plans for a new distribution centre in Belgium to service both home delivery and click and collect.
CarrefourGroceryIndustryInternationalResilience
Online offsets lost store sales, with shoppers spending more once they find a retailer online

Online offsets lost store sales, with shoppers spending more once they find a retailer online

16 Sep 2020by Paul Skeldon
Proof-positive that ecommerce is definitely off-setting lost store sales for retailers that have an omni-channel approach, with shoppers often spending more online – but only once they find the retailers they are used to shopping with.
IndustryResilience
Former catalogue company Freemans rebrands as online department store, adds new brands

Former catalogue company Freemans rebrands as online department store, adds new brands

09 Sep 2020by Paul Skeldon
Freemans, once famous for its catalogues, has rebranded itself from a home-shopping retailer to what it says is a “vibrant digital department store’ as it launches its new site and app.
FreemansIndustryMarketplacesMobile
International, omni-channel ecommerce at heart of UK government plan to revitalise the retail industry

International, omni-channel ecommerce at heart of UK government plan to revitalise the retail industry

09 Sep 2020by Paul Skeldon
Ecommerce is at the heart of government plans to help drive up retail exports to help the sector recover from Coronavirus.
Growth 2000IndustryInternationalResilience

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