Boohoo.com, the Manchester-based fashion phenomenon, has issued its first trading statement this morning following its entry onto the stock exchange two weeks ago.
News, comment and analysis for the UK e-commerce market. Our site aims to lift the lid on what's going down in the British online retail market, the key people, where it's all heading and how it relates to the wider retail sector. Our news is UK focused but with an eye on the global context. Feel free to let us know what you think. Follow us on Twitter @hawkeronline .
Monday, 31 March 2014
The Hut Group Offered £40 Million Loan To Build Giant Warehouse For Expansion
The Hut Group, which is backed by some of the most famous names in the retail sector, is being offered money by at least two separate organisations to persuade it to build its new giant warehouse.
New Look E-Commerce Boss Shivani Tejuja Gets Poached By Private Equity
Shivani Tejuja, formely New Look's multi-channel director, has been drafted in as a digital consultant to Apax Partners.
Sunday, 30 March 2014
Ocado Planning Another Three Giant Warehouses To Cope With Demand
Grocery delivery firm Ocado is planning to more than double its capacity by building three giant warehouses in different parts of the country.
Saturday, 29 March 2014
Marks & Spencer Hit With Complaints About Its New £150 Million Website
Marks & Spencer has been peppered with complains about its new website.
Friday, 28 March 2014
Missguided - What's With The Outages?
Missguided.co.uk has suffered a number of outages this week following the launch of its tie-up with celebrity Nicole Scherzinger.
Asos and Achica Founders Launch AstarPets.com
The entrepreneurs behind two of the UK's most successful etailers will launch their new venture this week targeting pet owners.
Wiggle.com Tailors Payment Systems With Ogone As Overseas Shoppers Exceed The UK
Wiggle.com is generating 60 per cent of its new customers from outside the UK after rolling out tailored international websites.
Online Sales Rise 12.4% In February, Says ONS
Online sales in the UK rose 12.4 per cent in February as shoppers spent more on food and clothing via the internet.
Jacques Vert Appoints Former La Senza Boss Rose Foster To Head Multichannel
Former La Senza lingerie boss Rose Foster has been hired by Jacques Vert Group to lead its internet strategy.
Thursday, 27 March 2014
Moss Bros Online Sales Rise 209%
Moss Bros, the UK’s men’s suit retailer has increased online sales threefold over the past year following a relaunch of the website.
Asos, OzSale and The Iconic All Lose Traffic Market Share In Oz
Asos and its two main Australian fashion rivals have lost market share over the past year, according to figures from Experian Hitwise.
Amazon Forges Agreement To Buy A Stake In UK’s Second Biggest Delivery Firm
Amazon has established close ties with delivery firm Yodel with an option to buy a tranche of its shares.
New York: JD.com Chairman 'Could Control The Business From Jail'
JD.com has made provisions ahead of its New York Stock Exchange listing that will make it ‘virtually takeover proof’.
Asos Testing Loyalty Scheme That Gives 5% Discount
Asos is trialing a loyalty scheme that offers the opportunity to collect points every time shoppers spend money on its site.
Wednesday, 26 March 2014
My-Wardrobe.com's Carmen Borgonovo Departs After Only A Year
My-Wardrobe.com fashion director Carmen Borgonovo has left after only a year at the company.
AO World Executives In £25 Million Incentive Plan
Senior staff at AO World could be in line for almost £1 million each if targets over the next three years are achieved.
M And M Direct Appoints Advisers For Possible £150 Million Float
M and M Direct, the casual clothing and sportswear website, has appointed Canaccord Genuity to advise it on a possible stock market float.
US: Tom Ford Launches E-Commerce Site
US fashion designer Tom Ford has revealed that he will begin selling a selection of accessories via his website.
Retailers Struggling To Meet Shoppers' Omni-Channel Aspriations
Retailers failure to keep pace with consumer expectations of their online services will become a 'matter of survival', according to new research.
Tuesday, 25 March 2014
Marks & Spencer E-Commerce Architect Darrell Stein Leaves
Marks & Spencer's head of IT Darrell Stein plans to leave the company just months after the pivotal relaunch of its website in which he played an integral role.
Topshop's Overseas Shoppers Will Get Products Faster Online With £50 Million Overhaul
Topshop owner Arcadia aims to establish local fulfilment systems as part of a £50 million IT investment over the next three years.
Morrisons Appoints Rothschild To Sell Kiddicare
Supermarket Morrisons has appointed London-based bank Rothschild to sell its online division Kiddicare.
Archaic BRC Needs Charlie Mayfield To Guide It Into The 21st Century
The British Retail Consortium, the archaic, 'big box'-focused retail industry body for the UK, has long been criticised for siding with the big boys.
Variety.co.uk Moves To New HQ
Variety.co.uk plans to move to larger offices to cope with an increase in demand.
Monday, 24 March 2014
Comment: There Will Be Tears If Every Online Retailer Is Compared To Boohoo And Asos
If 2009 was the year stock market-listed retailers officially woke up to e-commerce*, then 2014 was the year online retailing exploded onto the investment scene.
Next Makes £150 Million A Year From Credit Charges To Customers
Next is making £150 million a year in interest charges on loans to customers, according to a newspaper report yesterday.
France's ShowroomPrive.com Aims For €500 Million This Year
French fashion sales site ShowroomPrive.com has reported a 40 per cent rise in sales to €350 million last year.
Majestic Wine Plans To Build Its Own Web Development Team
Majestic Wine plans to build its own web development team as part of long-term growth plans.
Ted Baker Online Sales Rise 56%
Ted Baker has increased internet sales by more than half after relaunching its UK website last year.
Sunday, 23 March 2014
Amazon Faces UK Tax Clampdown - Is This The End To The 99p Download?
The UK Treasury plans to reap an extra £300 million in tax by tightening the rules on technology firms like Amazon, Apple and Google.
Saturday, 22 March 2014
Bertrand Bodson Promoted To Lead Argos And Homebase Digital Strategies
Home Retail Group has promoted Argos digital director Bertrand Bodson to the new role of chief digital officer.
Friday, 21 March 2014
Topshop Beats Asos And M&S As Best Omni-Channel Retailer... But Overall Execution Across Retail Was 'Poor'
Topshop has beaten off a host of high street and online fashion rivals as best omnichannel retailer.
Thursday, 20 March 2014
Next Says Directory Profit Exceeds Shops For The First Time.....
Next said the profit made by its online and catalogue business has exceeded that made by its shops for the first time ever.
.... And Next Also Plans Massive Foreign Push Into China And Brazil
Next plans to launch online in China and Brazil this year as part of an international push that increase overseas internet sales by 50 per cent.
Wednesday, 19 March 2014
Sainsbury's Online Growth Slows As It Prepares To Relaunch Website
Sainsbury's supermarket said grocery delivery sales growth has nearly halved since Christmas after executives forced a slowdown in preparation of a relaunch in April.
Asos Boss 'Splits' With Wife
Asos founder and chief executive Nick Robertson has split with his wife and is understood to be living separately.
Tuesday, 18 March 2014
Asos Loses One Fifth Of Its Value As It Ramps Up Investment Plans
Asos shares lost almost a fifth of their value today after the retailer said it would commit more money to future growth plans.
Boohoo Finance Director Gets £1.3 Million Shares
The finance director of Boohoo.com Neil Catto has been awarded 2 million shares in the company valued at £1.3 million at today's stock price.
Monday, 17 March 2014
Next Online Sales Expected To Hit 40% Following 'The Label' Launch
Clothing retailer Next could increase demand from its online division to as much as 40 per cent of sales in two years.
Wiggle.com Flags Up Stock Market Plans In Job Ad
Wiggle.com has revealed its plans for a stock market float in a job advert placed in the Financial Times.
Sunday, 16 March 2014
Grazia Magazine Prepares to Launch Online Shop
Grazia has appointed a head of fashion buying in a newly created role prompting speculation that it is preparing to launch an online shop.
Ocado Trials Free Wednesday Deliveries
Ocado is trialing free delivery on Wednesday for customers who order over £75.
Saturday, 15 March 2014
Bioohoo.com Surges Past High Street Rivals On Aim Debut
Boohoo.com shares rose 40 per cent in their stock market launch yesterday as investors queued up to buy shares in online pureplay retailers.
Ocado Says Amazon Fresh 'Forcing Grocers To Wake Up'
Ocado chief executive Tim Steiner said the expected arrival of Amazon Fresh in global markets will force the pace of change in online grocery delivery.
Alibaba Will Launch IPO This Summer
Chinese internet giant Alibaba is planning a US stock market listing in the third quarter of this year.
Friday, 14 March 2014
Boohoo’s £1 Billion Plan
Boohoo.com, the fashion etailer which debuted on the stock market today, has told investors it could reach £1 billion sales under current plans.
Amazon UK Executive: Fresh Gearing Up For 'International Expansion'
Amazon UK executive Doug Gurr has signalled that Amazon Fresh is gearing up for global expansion following a roll-out in North America.
Argos Mobile Sales Rise To A Fifth Of Revenue
Argos has almost doubled sales via mobile devices to 18 per cent of total sales in the past two months.
UK Etailers Fail Password Test
UK ecommerce sites have been urged to tighten password security after a survey found that two thirds accept worryingly weak phrases.
Thursday, 13 March 2014
Morrisons Accelerates Online Amid 'Fundamental Changes' In Shopper Behaviour
Morrisons chief executive Dalton Philips has revealed a strategic overhaul and has signalled an acceleration into online grocery retailing.
Tesco Boss Admits To 'Seismic Changes' In Retail
Tesco chief executive Philip Clarke said his company must accelerate its strategy to contend with 'seismic' changes in the retail sector.
Wednesday, 12 March 2014
Ocado Sales Rise At A Faster Rate Than Larger Rivals
Ocado said this morning that sales increased by almost a fifth and said it already benefiting from the Morrisons partnership.
Online Sales Rise In February As Shoppers Stick To ‘The Sanctuary Of Their Sofas’
Online sales jumped last month despite sluggish spending in which overall retail sales nudged up only slightly.
Asos Steps Up Mobile Capabilities In US With Shopping App
Asos has launched a new mobile application in the US that it hopes will help compete with domestic retailers which have shifted their focus to mobile devices.
Tencent Takes $215 Million Stake In Alibaba Rival
Chinese internet giant Tencent has snapped up 15 per cent of Alibaba rival JD.com in an attempt to step up its presence in the e-commerce market.
Tuesday, 11 March 2014
Next's New Website TheLabel.co.uk To Showcase Brands
Clothing retailer Next will this week launch a new website this week as a new online department store for brands.
Mark Newton-Jones Drafted In To Refocus Mothercare
Mark Newton-Jones, the former chief executive of Shop Direct, has been appointed interim chief at Mothercare as the retailer tries to refocus online and overseas.
Moonpig.com Owner Valued At £500 Million Ahead Of Stock Market Listing
Moonpig.com owner Photobox plans to sell shares on the London Stock Exchange by the end of June.
Debenhams Promotes Online Boss
Debenhams has promoted its e-commerce chief Ross Clemmow in recognition of the rising importance of the division in its business.
Monday, 10 March 2014
Asos Drafts In More Heavyweights To Bolster Board
Asos has appointed two new non-executive board members - both are female and both experienced retail executives.
German Online Giant Otto Says Web Sales Reach €6 Billion
German home shopping giant Otto said its 'Mobile First' web initiative has paid dividends, helping its global online sales hit €6 billion last year.
31Dover.com Sells Stake For £1.3 Million
31Dover.com, a website specialising in selling wine and beer, has sold a 35 per cent stake in the business for £1.3 million.
Sunday, 9 March 2014
Sir Philip Green Launches Miss Selfridge And Dorothy Perkins In India
Arcadia, the fashion group owned by Sir Philip Green, plans to launch its Miss Selfridge and Dorothy Perkins brands online in India.
Kiddicare Boss Says He Became 'Frustrated' At Risk Averse Morrisons
Kiddicare founder Scott Weavers-Wright has complained that big firms like Morrisons 'play too safe' online and are not willing to take risks to stay ahead.
Crew Clothing Hires Bastow For Ecommerce Drive
Fashion chain Crew Clothing has hired former Cath Kidson ecommerce chief Amy Bastow as it prepares to raise its digital game.
Web Site Upgrade For The Hawker Ecommerce News
Over the coming weeks we'll be doing a bit of spring cleaning.
To kick off, we have dropped the old web link TheInternetShoppingPrimer.blogspot.com (we took it from a favourite book of ours, The Diamond Age by Neal Stephenson - every internet addict should read it!).
It's served us well but it was always designed to be cryptic, more than anything else, while we got things up and running. Things are going very well so we decided to spread our wings a bit.
So, we've introduced one that's more in line with The Hawker site name.
We like The Hawker - another name for the old market traders who would sell their goods enthusiastically, often by walking through crowds, shouting above the clamour and then also approaching people face to face. A good Old World analogy for internet retailing we think!
To kick off, we have dropped the old web link TheInternetShoppingPrimer.blogspot.com (we took it from a favourite book of ours, The Diamond Age by Neal Stephenson - every internet addict should read it!).
It's served us well but it was always designed to be cryptic, more than anything else, while we got things up and running. Things are going very well so we decided to spread our wings a bit.
So, we've introduced one that's more in line with The Hawker site name.
We like The Hawker - another name for the old market traders who would sell their goods enthusiastically, often by walking through crowds, shouting above the clamour and then also approaching people face to face. A good Old World analogy for internet retailing we think!
Let us know if you agree.
The Hawker team
The Hawker team
Saturday, 8 March 2014
Koovs Listing Will Net Lord Alli £18 Million
Labour peer Lord Waheed Alli is preparing to list shares in his Indian ecommerce venture on Monday which is expected to net him £18 million in cash and shares.
HereForAPound.com Smashes Target In First Month
HereForAPound.com, Britain's first ever online pound shop, has more than quadrupled its original sales target after a surge of interest from curious shoppers.
AO Asks For Supplier Discount After Dixons Jibe
AO.com has written to its suppliers to ask for price cuts following claims by high street rival Dixons that its prices were lower.
Friday, 7 March 2014
Boohoo Owners Retain 44% As Firm Sets Out IPO Details
Boohoo.com will list is shares on the London Stock Exchange next Thursday with the sale of £300 million pounds worth of stock.
Waterstones Plans ‘Major Overhaul’ Of Its Web Site
Waterstones managing director James Daunt has complained its web site is ‘pathetic’ compared to dotcom rival Amazon and said he plans to overhaul the site to improve standards.
John Lewis Online Sales Approaching A Third Of Sales
John Lewis Partnership said online sales at its department store business are approaching a third of all turnover after a surge last year.
Thursday, 6 March 2014
PoundPanda.co.uk May Be Closed Permanently
PoundPanda.co.uk is unlikely to begin trading again after it was closed last month just days after its launch.
Missguided Releases Teaser Video Ahead Of Next Week's Nicole Launch
Missguided.co.uk has issued a teaser video of its collaboration with Nicole Scherzinger ahead of the launch of the range next week.
New Ecommerce Trade Body Launches
Asos.com's former international director and PowaTag's Dan Wagner are among the names behind a new London-based ecommerce trade body.
Wednesday, 5 March 2014
PowaTag Could Be 'The Next Facebook Or Google' Says Founder
Powa Technologies, the group behind PowaTag, finally launched its product yesterday that will allow shoppers to take photographs of products and instantly order them on the internet.
Boohoo.com Launches Extended Plus Size Range In Time For Stock Market Appearance
Boohoo.com has extended its range of plus-sized clothing as it seeks to broaden the appeal of its site ahead of a London Stock Exchange float.
Tuesday, 4 March 2014
Zalando Teams Up With Uber-Blogger Eleonora Carisi
Zalando has drafted in Italian blogger Eleonora Carisi for a capsule collection as it seeks to break new ground.
Asos launches ‘Early Warning’ System with DPD
Fashion retailer Asos has launched a system to allow customers to receive text notifications the night before alerting them to the arrival of their parcel.
Online Boosts Thorntons Chocolate Sales
Thorntons, the UK's biggest chain of chocolate shops said online sales jumped by almost a quarter as customers arrived on its web site to buy more personalised gifts.
Monday, 3 March 2014
Little Mistress Launches US Website
Fashion brand Little Mistress is poised to launch a US transactional web site as soon as this week.
John Lewis Searches For Tech Start-Ups
Department store John Lewis has launched a search for innovative technology start-ups and has established a separate division to support the programme.
Amazon Has 'No Chance' In Russia, Warns Rival Boss
The chairman and major shareholder of Russian ecommerce firm Ulmart says Amazon can't compete with its model which can get packages to customers in 'minutes'.
Zalando Website Traffic Weakens
Zalando's traffic weakened further in January continuing a trend that began during last year and threatens to hamper IPO plans.
Sunday, 2 March 2014
Online Pound Shops Topple As TV Programme Sends Demand Out Of Control
Britain’s rival online pound stores were unable to cope with demand on Thursday night after a television programme charting their launch led to a surge in traffic.
Mobile Shopping Visits Will Overtake Desktop 'In Months'
Almost a third of online sales are made via mobile devices, according to the latest research from the IMRG.
SecretSales.com Sales Rise By More Than Two Thirds To £27.4 Million
UK flash sales website SecretSales.com increased sales by 69 per cent to £27.4 million last year as it attracted more first-time buyers to the site.
Saturday, 1 March 2014
Boohoo Founder’s Family In Line For A Fortune
Boohoo.com Plc has revealed that two other family members of the company’s founder’s will land a fortune from the company’s IPO, according to a stock market filing yesterday.
‘We Have Returned Product Ready To Resell In Two Days,’ Says BrandAlley
Retailers must learn to deal with returned product with the same rapid approach as they deal with dispatches, according to the chief executive of BrandAlley.
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