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 [...]
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 [...]
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 [...]
Shop Direct is pleased to announce the publication today of our annual report, including our audited financial statements, for the 12 months to 30 June 2019. The annual report can be found at www.shopdirect.com/reports-and-results/. A conference call for bondholders and analysts will be held at 09:00 on Tuesday 29 October [...]
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 [...]
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 [...]
[rev_slider alias="results 2015/2016"] Shop Direct, the UK’s second largest pureplay digital retailer, generated strong underlying profit before tax (PBT)1 growth in the 53 weeks to 30 June 2016. The group, which operates digital department stores Very.co.uk, Littlewoods.com, VeryExclusive.co.uk and LittlewoodsIreland.ie, grew underlying PBT by 43.6% to £150.4m and sales by [...]
Shop Direct, the UK’s second largest pureplay online retailer, has announced its third data-focused senior appointment in under a month, bringing in McKinsey & Company junior partner Assi Gol to lead its customer intelligence teams. Assi, who will take up the position of customer intelligence director in September 2016, will [...]
