Congratulations on the launch of Houzz Shop in the UK! We’re very excited! Houzz focuses on creating the best home renovation and design experience by bringing everything people need to improve their homes together under one roof. With the Houzz Shop in the UK, people can discover, learn about, and now buy all the products and materials to complete their home projects directly on Houzz. We already have more than 100,000 products and materials from over 2500 sellers from across Europe for purchase directly on the Houzz site and app, and we’re adding more
Yoox Net-a-Porter Group’s surge in full-year revenues allowed it to record an uptick in annual profits across all of its markets, including the UK despite the devaluation of the pound against the euro. YNAP’s UK net revenue increased 13.7 per cent to €286.8 million (£257.1 million) on a reported basis in its financial year ending December 31.
A growing customer base and investment in technology has helped flash sales retailer MySale to record a surge in profits and revenues in its half-year results. The Australian-based online retailer, which also trades in New Zealand, south-east Asia and the UK, saw revenue spike by 11 per cent from AUD $137.7 million to AUD $151.9 million (£85.1 million) in the six month period ending December 31. Gross profit also surged 19 per cent from $38.4 million to $45.6 million (£25.5 million), and underlying EBITDA skyrocketc 80 per cent from $3 million to $5.5 million (£3 million).
Pureplay online retailers have continued to see significant growth over the last year, driven by the rise in mobile shopping apps and further moves away from the high street.
Shop Direct has promoted group merchandising director Sam Perkins to the executive board in the role of group product director, replacing Matt Dixon who will leave next month.
As part of the annual flurry of high-profile TV ads for the Super Bowl in the US, Amazon unveiled a new ad that featured a star-studded cast stepping in to replace Alexa’s voice. The ad begins with the frantic headline news of the smart home device losing her voice, with the online retail giant’s boss Jeff Bezos turning to a support team to solve the problem. They reassure him that they have back-up plans for scenarios like this, but they just needed his approval to activate it
Doing some shopping while nature calls has become a common past time of Brits, according to a new survey that details online shopping routines. A new survey people from online marketplace retailer OnBuy, in which 1550 took part, found that eight per cent of Brits did some shopping while on the toilet – making it a top 10 location for online transactions to be carried out. Residents from the West Midlands enjoy this habit the most at 22 per cent.
“So, does anyone else not open Snapchat anymore? Or is it just me
Dozens of jobs are facing the chop at Missguided as it launches a redundancy scheme to make the business more efficient. According to the Daily Mail, the clicks-to-bricks fashion retailer has placed around 100 of its 800 jobs under review, with around 50 expected to be cut
Ten years ago, Julius Oliveti was running his family’s ice cream business near Leicester.