Mothercare is losing £50 every second
Mothercare is losing nearly £50 in revenue every second of every day according to a new report laying bare the dismal profit margins of high street retailers.
Thirty of the…
Is this the solution to the serial returns crisis?
“Serial returners” have quickly become the scourge of the retail industry, set to cost brands £5.6 billion over the next five years.
Online fashion retailers like Asos, Zalando, Boohoo and…
Asos launches ‘See My Fit’ AR app displaying products on 16 different virtual models
Asos has launched a new augmented reality (AR) app allowing users to see what items look like in different sizes and on different body types.
‘See My Fit’ is being…
Asos expands partnership with Klarna
Asos has expanded its UK partnership with payments giant Klarna and now allows users to pay in three instalments over 60 days.
Klarna first partnered with the online fashion giant…
Asos Marketplace expands its charity shop boutiques in sustainability push
Asos is expanding its charity shop offering on the Asos Marketplace following a successful launch over the summer. Save the Children and the British Red Cross charity boutiques are set…
Ocado Solutions’ CEO Luke Jensen joins Asos’ board
Ocado Solutions chief executive Luke Jensen is set to join Asos as the online fashion retailer seeks to shake up its board room. Asos announced today that in a “significant…
European retail growth will remain “sluggish” thanks to ecommerce
Online retail growth is set to dampen overall retail growth across Europe over the next year, according to a new report from financial giant Moody’s. Moody’s annual European retail sector…
“House of Klarna” pop up to open in Manchester featuring raft of top brands
Klarna is set to open a three-storey pop-up store in the heart of Manchester featuring items from some of the UK’s biggest brands.
The “House of Klarna” will host a…
ALEXACHUNG teams up with Laybuy for ‘buy now, pay later’ scheme
Payments platform Laybuy on Wednesday announced a new partnership with fashion brand ALEXACHUNG, allowing customers to spread the cost of their purchases over weekly payments.
As fashion retailers including Topshop,…