19 Jul The Ecommerce News Roundup – 19 July 2021
With more than 46 million people in the UK having received at least one dose of the Covid-19 vaccine the government says we’ve now created a “protective wall” enabling the country to open up this week.
Liberation has been a long time coming and it feels (cautiously) good. Let’s hope common sense reigns supreme and we can remain ‘open for business’ this time.
Summer has finally arrived with the UK facing record temperatures. No doubt we’re being terribly British about the whole thing; by that we mean last week was too wet, this week is too hot and inevitably next week will probably be too cold. But that’s how we roll, right!
Finally, there is so much great stuff going on when it comes to British and international ecommerce – just have a read of this week’s news stories below… maybe with a glass of iced tea or coffee… in the shade of course.
UK ECOMMERCE NEWS
Revolut, the British-based banking and payments app, has become the most valuable fintech company in British history.
(Sky News)
Edit LDN says sales are soaring.
(Fashion Network)
Woolroom turnover to increase 50% as the company is on track to achieve £8.5 million turnover this year.
(Retail Gazette)
Superdrug has challenging year but online sales rise strongly.
(Fashion Network)
Dunelm profits to be ahead of forecasts after quarterly sales jump 44%.
(Retail Gazette)
INTERNATIONAL ECOMMERCE NEWS
Moët Hennessy and Campari Group have announced the formation of joint venture to invest in wines and spirits ecommerce companies.
(Harpers)
Arezzo & Co Acquires My Shoes, Partners With Mercado Libre.
(Business of Fashion)
Alibaba to launch £186m venture fund for startups in Southern China.
(CityA.M)
Kingfisher raises profit guidance as sales surge across Europe.
(Retail Week)
Boohoo inks new partnership to run Debenhams in the Middle East.
(Retail Gazette)
DIGITAL NEWS
TikTok gets a Fire TV app in the UK, France, and Germany.
(The Verge)
Kayla Itsines sells SWEAT to US-based tech and fitness giant.
(news.com.au)
