About Dave Lafferty

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So far Dave Lafferty has created 12 blog entries.

Strong peak trading for Very.co.uk driven by growth in fashion and sports

Multi-category online retailer Very.co.uk increased retail sales by 6.1% year-on-year in the seven weeks up to and including 27 December 2019, driven by growth across all product categories, with particular strength in fashion and sports, and electrical.  The brand is owned by The Very Group, the UK’s largest integrated online [...]

2020-01-15T07:04:23+00:00January 15th, 2020|Financial results, Homepage news, The Very Group|

Shop Direct rebrands to The Very Group

Today, 13 January 2020, Shop Direct becomes The Very Group. This new corporate identity builds on the history and success of Shop Direct and reflects the next phase of the business’ ongoing transformation. The Very Group, which is the UK’s largest pureplay digital retailer and financial services provider, has annual [...]

2020-01-14T09:54:13+00:00January 13th, 2020|Homepage news, The Very Group|

Shop Direct raises £710,000 for North West homelessness charities

Shop Direct, which operates online retailers Very.co.uk and Littlewoods.com, has raised £710,000 for The Booth Centre, Manchester and The Whitechapel Centre, Liverpool, smashing the £600,000 target that the company set for itself in 2017. This is the largest donation ever received by the organisations, which provide support for people affected [...]

2020-01-06T09:13:39+00:00December 5th, 2019|Homepage news, Shop Direct|

Further update on financing

Further to Shop Direct Limited’s (“Shop Direct” and together with its subsidiaries, the “Group”) announcement on 13thNovember, 2019, £75 million has now been invested by way of equity injection from its parent company, Shop Direct Holdings Limited (“SDHL”), into Shop Direct.  The remaining £75 million, out of a total funding [...]

2020-01-06T09:09:07+00:00November 19th, 2019|Financial results, Shop Direct|

Update on financing progress

On 23rd October 2019 Shop Direct announced its intention to raise up to £150 million of additional funding following an unexpected late surge in PPI claims volumes ahead of the 29 August 2019 deadline £150 million committed funding has now been sourced by parent company, Shop Direct Holdings Limited (“SDHL”) and [...]

2020-01-06T09:02:06+00:00November 13th, 2019|Financial results, Shop Direct|

Shop Direct partners with University of Liverpool to develop tech and data talent

Shop Direct, the UK’s largest integrated digital retailer and financial services provider, has become an employability partner of the University of Liverpool. The partnership will see the Liverpool-based business develop a joint programme of activity with the University across STEM (science, technology, engineering and mathematics) and other business-related subjects such [...]

2020-01-06T09:11:02+00:00November 7th, 2019|Shop Direct|

Shop Direct appoints Ben Fletcher as group CFO

Shop Direct, the UK’s largest integrated pureplay online retailer and financial services provider, has appointed former European president of Clarks Shoes, Ben Fletcher, as group CFO. He will join on 6thJanuary 2020 and report to group CEO, Henry Birch, as a member of Shop Direct’s executive board. Having joined in [...]

2020-01-06T09:10:29+00:00November 4th, 2019|Shop Direct|

Very app, new customers & category growth drive Shop Direct performance

Very.co.uk revenue increased 7.1% to £1,488.1m, driving Group revenue growth of 1.8% to £1,993.4m Group EBITDA grew 3.3% to £271.0m Very customers increased 5.7% to 2.98m, boosting Group customers by 0.7% to 4.05m Very app orders up 22.9%, reflecting 29.5% of total Very orders Strong sales growth in categories including [...]

2020-01-06T08:54:25+00:00October 23rd, 2019|Financial results, Homepage news, Shop Direct|

VeryExclusive.co.uk launches menswear offer with 25 brands and plans for concession model

VeryExclusive.co.uk, Shop Direct’s online luxury fashion retailer, has today gone live with its premium menswear offer. The etailer has launched men’s clothing, footwear and accessories for autumn winter 2016 with 25 brands, including the likes of Kenzo, Whistles, PS by Paul Smith, Hackett and Vivienne Westwood. In what will be [...]

2019-10-21T13:01:56+00:00September 20th, 2016|Shop Direct, Very Exclusive|