Primark owner Associated British Foods issued one of the briefest trading updates we’ve seen on Friday — ahead of its annual general meeting — and it didn’t really tell us much about how trading is going at present.
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.
Luxe fashion names are focusing heavily on boosting their e-tail ops and Hackett said it has achieved 97% growth in international e-tail, three months after partnering with cross border e-commerce specialist Global-e.
Black Friday week may be upon us, but a new report suggests that the event as a whole has "had its day". Home delivery specialist ParcelHero said this Black Friday is likely to see stalling growth in overall e-spend.