News

Maternity clothing company’s profits rise thanks to Kate Middleton

April 16, 2014

High-end maternity clothing company Seraphine has seen profits quadruple and turnover increased by 60 percent after Kate Middleton chose to wear one of the company’s dresses in the first official photograph of Prince George, and throughout her pregnancy. Seraphine, which has three stores in London, has projected a £1.1 million profit before tax, up from… Read more

Online sales of non-food items increase year on year

March 19, 2014

Last month, online sales of non-food products grew by 14.3 percent year on year, as many shoppers opted to stay in the comfort of their homes shopping as Britain saw some of its worse weather for years. The data comes from the BRC-KPMG online retail sales monitor and shows that retailers in clothing, footwear and… Read more

Boohoo.com sets a flotation price which values the company at £560 million

March 14, 2014

Online fashion retailer boohoo.com has set a share price of 50p each in its stock market flotation which has valued the Manchester-based company at £560 million. It is listing its shares on AIM, London’s junior market, following rival Asos, who has already joined the market. Just last month, boohoo.com managed to recruit Peter Williams, a former non-executive… Read more

Smartphone users spend £200 per year shopping on their phones

February 25, 2014

A study has revealed that smartphone users spent an average of £199 on their phones during 2013, with 40% of smartphone owners using their phones to make purchases. The survey was conducted by marketing agency Cheil Worldwide and they surveyed 1,000 British smartphone owners, finding that average spend on smartphones had risen by 63% in… Read more

Retail sales in the UK show growth

February 19, 2014

According to an industry survey by the British Retail Consortium (BRC), British retail sales are at their strongest ever since April 2011, with the total amount spent in stores 5.4% higher than a year ago. The figures have been helped in part by the recovery of the property market with the number of mortgage approvals… Read more