Joules saw higher H1 sales despite facing the same issues as its peers in tough September. But its sales have picked up in the past two months, even without heavy markdowns, and e-tail and international are strong.
The founders of Boohoo have pocketed £142.5 million after selling a chunk of their shares to take advantage of the company's market gains over the last year. After the placing, they continue to own 15.8% of the business.
Zalando, Europe’s biggest online-only fashion retailer, said on Wednesday it attracted 840,000 new customers during the Cyber Week sales, while the value of orders placed on its site jumped by almost a third.
British shoppers picked up the pace of their spending last month - excluding distortions caused by the timing of Black Friday - as they took a break from worrying about Brexit, a survey showed on Tuesday.
All the gloomy predictions about the UK’s Black Friday seems to have been wrong with early indications being that British consumers shopped enthusiastically and even visited more physical stores than expected