British online fashion store ASOS achieved a 27 per cent sales rise in the UK in the four months ended 30 June, outstripping the overall international sales growth of 16 per cent. By contrast, US firm American Apparel has embarked on a $30m cost-cutting programme.
European users of Visa cards have collectively made 1.1 billion contactless payments in the past year, generating a spend of €12.6bn.
By Louise Young
Divisional director of retail at i2i Events Group, Louise Young, explores how independent retailers can set their stalls out effectively, and provides advice on things to consider at an early stage.
With mobile payments taking off across the country, ecommerce firm Avangate has revealed that 64 per cent of British shoppers would be willing to make purchases via wearable devices.
London’s tech industry was declared omnipotent during London Technology Week. But for all of the headline-snatching statistics that show the sector’s success, Britain’s retail industry is the fastest growing, which makes it the one to watch.
With farming roots going back to the late 1800s, TAG came about in 2012 as a result of a merger between two long-established family dealerships – Chris Tallis Farm Machinery in Evesham and Alexander and Duncan in Leominster.
B-Sporting was created in 1982 by former footballer Bruce Bannister, whose son Brett has transformed the business into online success story Sportsshoes.com.
Furniture retailer JB Global, which operates in the digital world having started off on eBay more than ten years ago, has reclaimed the number seven spot it won in 2014.
A majority 75 per cent of British retail spending was done through cards in 2014, as consumers spent a record-breaking £600.3bn with their debit, credit and charge cards.
Google has unveiled several new developments as it gears up for a longer-term battle with its rivals.
