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|

Shop Direct, NEXT & Varner work together to improve conditions for young women in South India’s fabric mills

Shop Direct, NEXT, Varner and the non-governmental organisation (NGO) SAVE have engaged almost 9,500 people in the first phase of a project to improve employment conditions for young women in South India’s fabric mills. The partnership is now gearing up for a second phase, due to launch later this year. [...]

2020-01-12T13:59:39+00:00October 1st, 2019|Littlewoods.com, Shop Direct, Very.co.uk|

Seven new brands at home with Shop Direct

Shop Direct, the UK’s largest integrated digital retailer and financial services provider, has added seven big name home and furniture brands to its portfolio of more than 150 over the last six weeks.   The move supports the company’s plans to drive sales within its home category by complementing a strong [...]

2020-01-06T08:40:55+00:00September 30th, 2019|Homepage news, Littlewoods.com, Shop Direct, Very.co.uk|

Topshop and Topman land at Shop Direct

Shop Direct, the UK’s largest integrated digital retailer and financial services provider, has added Topshop and Topman to its portfolio of more than 500 fashion brands. The business will also become the first UK retailer outside of the Arcadia Group to stock Topshop Beauty. Shop Direct’s retail brands Very.co.uk, Littlewoods.com [...]

2019-12-13T15:01:59+00:00August 24th, 2019|Homepage news, Littlewoods.com, Shop Direct, Very.co.uk|