Improved DC performance helps ASOS hit £1bn
ASOS burst through the £1 billion turnover barrier for the four months ending 31 December 2019, up 20% year-on-year.
ASOS burst through the £1 billion turnover barrier for the four months ending 31 December 2019, up 20% year-on-year.
Clipper Logistics has been revealed as the unnamed 3PL that will provided fully-outsourced logistics services to retailer Joules.
Joules has chosen an unnamed 3PL to operate its UK logistics operations after a Christmas that saw stock availability issues hit e-commerce conversions.
Superdry blamed shortages of better selling products, rivals’ promotional activity and subdued Christmas spending for a 15.8% year-on-year fall in Christmas and Black Friday trading.
British Retail Consortium chief executive Helen Dickinson has described 2019 as the “worst year on record” as it was the first to show an overall decline in retail sales.
Online grocery orders boomed at Waitrose, up 23.4%, as John Lewis and Partners said it performed strongly operationally in the run up to Christmas.
Marks & Spencer continued to cite supply chain issues – this time in its food business – as like-for-like sales increased by 0.2% during Christmas trading.
Over 20% of Christmas trading at Sainsbury’s Argos was conducted online, but the retailer saw total retail sales drop 0.7% in the 15 weeks to 4 January.
A ‘slower than usual start’ to clearance promotions meant that John Lewis & Partners saw a decrease of 4.1% in sales during the Christmas period.
Fashion retailer Superdry has said that it is “pleased with the progress” it has made in ‘comprehensively resetting’ the business.