Ecommerce & Business News - 15 February 2021

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News

Ecommerce & Business News

Good News Stories This week...

According to Statista, revenue in the UK ecommerce market is projected to reach £80.7m this year with user penetration reaching over 86%.  

That's quite something!

If that wasn't enough, according to recent research from eShopWorld, apparently our European friends remain committed to purchasing from their favourite UK brands and retailers despite post-Brexit disruption.

Huzzah!

... and finally, here's your weekly dose of ecommerce news to enjoy.

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UK ECOMMERCE

Asics online sales rise 134%.
(Retail Gazette)

Bravissimo secures multi-million-pound funding to boost online presence.
(Retail Gazette)

Natural and organic online wine shop launches in the UK.
(Drinks International)

Ocado saw retail profits skyrocket £266% last year.
(Charged Retail)

Joules branches out to gardening with £9m acquisition of Garden Trading.
(Retail Gazette)

Kurt Geiger reports pre-Covid uptick in sales and profits.
(Fashion United)

Why Amazon is set to earn billions from Brexit.
(The London Economic)

TUI Group optimistic for summer 2021.
(Breaking Travel News)

Aldi could be considering online grocery launch amid £1.3 bn digitalisation project.
(Charged Retail)

INTERNATIONAL ECOMMERCE

L'Oreal sales rebound helped by China and booming online business.
(Fashion Network)

Disney returns to profit as streaming success offsets pandemic-hit parks.
(Reuters)

TikTok plans aggressive US ecommerce expansion.
(Business of Fashion)

Hasbro’s ecommerce sales top $1 billion amid digital shift.
(PYMNTS)