About Dave Lafferty

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So far Dave Lafferty has created 18 blog entries.

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+01:00September 20th, 2016|Shop Direct, Very Exclusive|

Profits surge at Shop Direct as technology investments pay off

[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 [...]

2016-09-06T05:18:36+01:00September 6th, 2016|Financial results, Shop Direct|

Shop Direct continues big data drive with customer intelligence director hire

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 [...]

2019-10-21T13:12:08+01:00July 21st, 2016|Shop Direct|