Shop Direct news and archive

Shop Direct posts 3.7 percent rise in Christmas revenues

Shop Direct, which operates multi-category digital retailers Very and Littlewoods, increased group revenue by 3.7 percent year-on-year for the seven weeks up to and including December 28, 2018. The company said, group’s performance was driven by 8.8 percent year-on-year growth at Very, its largest and fastest growing retail brand. The company...

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Shop Direct to close 7 stores, jobs under threat

Shop Direct, once the UK's most successful pureplay online retailers is planning to close seven stores. The fashion group and parent company to Very, Littlewoods and Very Exclusive, announced proposals to close its standalone clearance operation, Littlewoods Clearance, which would impact 143 permanent jobs. Sam Perkins, group retail director at...

Management

Shop Directs posts marginal rise in full year revenue

Shop Direct, operator of multi-category stores Very.co.uk, Littlewoods.com, VeryExclusive.co.uk and LittlewoodsIreland.ie, in its full-year results statement for the 52 weeks ended June 30, 2018 said that the group revenue grew 1.5 percent to 1,958.8 million pounds (2,578 million dollars) in a challenging external environment. The company added...

Management

Shop Direct ropes in Emma Alexander to head its fashion business

Shop Direct has appointed Emma Alexander as Fashion Director to head its branded and own brand clothing and footwear offerings. The company said, she will report to group product director and executive board member, Sam Perkins. Commenting on her new role at Shop Direct, Alexander said in a statement: “Shop Direct has grown into one of the...

Management

Shop Direct to merge Very Exclusive into Very

London - Multi-brand retailer Shop Direct is set to merge its standalone luxury website Very Exclusive with its main fashion platform Very this Autumn/Winter season. The move is designed to enable customers the opportunity to shop its full fashion range from one location. The merger comes more than three years after Shop Direct launched Very...

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Shop Direct falls into the red with 10.7 million pounds loss over PPI claims

London - Shop Direct, parent company of Very.co.uk and Littlewoods.co.uk, revealed a loss of 10.7 million pounds for the nine months to March 31, 2018 - putting the multi-brand retailer in the red. The loss hits hard when compared to Shop Direct's 57.4 million pound profit for the same period last year. However, Shop Direct has attributed part...

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Shop Direct promotes Sam Perkins to Group Product Director

Shop Direct has promoted group merchandising director Sam Perkins to the executive board in the role of new Group Product Director. The company said, Perkins replaces current group product director and executive board member Matt Dixon, who is leaving the business on April 6, 2018. Commenting on the development, Derek Harding, interim group CEO...

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Shop Direct's CIO and head of digital transformation quit

Shop Direct has announced that its chief information officer, Andy Wolfe, and head of digital transformation, Paul Hornby, have decided to move on from Shop Direct and will leave the business later this year. Commenting on the development, Jon Rudoe, group retail, technology and data director at Shop Direct, said in a media release: “During his...

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Very boosts Christmas sales at Shop Direct

Shop Direct, which operates digital department stores Very.co.uk, Littlewoods.com and VeryExclusive.co.uk, said that the company increased group revenue by 6.3 percent year-on-year for the seven weeks up to and including December 22, 2017. The company added that the group’s performance was driven by 16.8 percent year-on-year growth at Very, its...

Management

Shop Direct CEO Alex Baldock resigns

Shop Direct has announce that Alex Baldock will be stepping down from his role as CEO in summer 2018. The company said in a statement that since joining the business in September 2012, Baldock has led Shop Direct through one of retail’s fastest and most successful digital transformations. Commenting on his decision to leave he company, Alex...

Management

Shop Direct sales and profit boosted by Very and mobile

Shop Direct, which operates digital department stores Very.co.uk, Littlewoods.com, VeryExclusive.co.uk and LittlewoodsIreland.ie, reported fifth consecutive year of positive sales and underlying profit. The company said, group sales grew by 5.6 percent on a like-for-like basis or 3.7 percent on an adjusted basis to 1.93 billion pounds (2.57...

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Shop Direct’s ecommerce director Jonathan Wall resigns

After seven years at Shop Direct, ecommerce director Jonathan Wall has decided to leave the business in mid-August, said a statement by the company. The company added that during his time at the Shop Direct, Wall built a multi-award winning ecommerce team, overseen the creation and development of Shop Direct’s five star-rated apps, led retail...