Connect with us

Fashion

THG expects FTSE 250 inclusion, demerged Ingenuity launches marketplace management system

Published

on


THG and its demerged, now-privately-owned THG Ingenuity technology arm, are having a busy year and Thursday saw an announcement from each of them.

Lookfantastic

In the case of THG PLC, the profitable London Stock Exchange-listed business that owns Lookfantatsic, Cult Beauty and Dermstore, said that following the transfer to the LSE’s equity shares (commercial companies) category in January, FTSE 250 index inclusion is anticipated as part of the FTSE Russell quarterly review.

That’s an important move. The blue-chip FTSE 100 and the FTSE 250 between them make up the largest LSE-listed businesses. Being part of the FTSE 250 will give THG’s share a higher profile and mean that FTSE 250 index-tracking funds will have to buy its shares.

Its inclusion in the index is expected to become effective on or around 21 March with the company saying it “represents a further important step to support the company’s strategy through raising its visibility”.

CEO Matthew Moulding said: “Our anticipated inclusion in the FTSE 250 marks an important moment in THG’s evolution following the demerger of THG Ingenuity. As a global beauty, health and wellness consumer brands group, we continue to make significant progress against our strategic priorities.”

As for Ingenuity, it continues to build its business post-demerger. It was only demerged and taken private as a standalone business at the turn of the year. THG had raised £95.4 million to facilitate the move, including £10 million from Moulding and £10 million from Frasers Group billionaire Mike Ashley with THG’s co-founder and COO John Gallemore becoming Ingenuity’s executive president.

The Thursday announcement saw Ingenuity saying that THG Commerce, its complete commerce solution, has launched a new marketplace management system, “driving profitability and growth for e-commerce brands”.  

The system “extends a brand’s commerce ecosystem by connecting them with third party marketplaces including TikTok, Meta, Amazon and other marketplace aggregators, providing a unified dashboard that enables brands to manage product listings, orders, payments and logistics from a single interface”.  

The aim is for brands to have “a seamless, cost-effective way to access new markets, audiences and thereby additional sales revenue” and “empower e-commerce brands to amplify their commerce solutions, while maintaining complete control over not only their brand value, but pricing, promotions and product ranges”.  

It integrates seamlessly with THG Fulfil, which provides fulfilment and courier management services, engineered to improve customer retention. 

Ingenuity’s CEO Richard Ward said: “Marketplaces are the fastest-growing retail channel globally, offering consumers variety, competitive pricing and convenience. Our new marketplace management system is game-changing. It allows us to support brands through our complete commerce solution, THG Commerce, and ensure they can effortlessly navigate the e-commerce world across a multitude of platforms, increasing both consumer touchpoints and revenue opportunities. 

“By doing so, we also ensure consumers gain access to a wider array of products and exceptional customer experiences. We look forward to working with brands and retailers, empowering them to fire up their growth potential and profitability.” 

Copyright © 2025 FashionNetwork.com All rights reserved.



Source link

Continue Reading

Fashion

White Stuff launches archive collection as part of 40th anniversary celebrations

Published

on


Celebrating its 40th year, British lifestyle brand White Stuff is delving into its archive to launch a 17-piece collection called ‘Rewind ’85′. 

Toyah Willcox, Martin Kemp and Sinitta join The White Stuff call centre to take Rewind ’85collection orders

In a tribute to the brand’s original designs, the range “brings a modern twist to nostalgic customer favourites”. These include graphic tees, first sold to skiers in 1985, to ‘90s surfer-style’ half-zips.

And to mark the occasion, the brand also re-launched a hotline (“with the help of a few 80s icons”, including Martin Kemp, Toyah Willcox and Sinitta, taking calls at the brand’s call centre in Leicester) where customers were able to call in to order from the range before its 4 March launch online.

The launch also marks a nostalgic journey from when founders George Treves and Sean Thomas had the idea of designing and selling T-shirts in the Alps to fund their winter skiing trips, first sold from the back of an old Citroen 2CV. We’re told these original designs have since become “iconic”, with the tees and half zips “becoming firm favourites among those lucky enough to own them”.
 
To mark the anniversary, White Stuff also polled its customers via social channels to discover which past pieces they wanted to bring back from the archive. So the Rewind ’85 collection features curated garments across ski- and surf-inspired half zips and rebooted heritage tees, paying homage to the original references to the ‘Boys and Girls from White Stuff’ prints.

The collection is also “a love letter to both the original designs – which embody the relaxed, unique style at the heart of the brand’s roots – and customers who have cherished the designs for decades”.

So the art direction features nostalgic 80s and 90s office-style imagery and video, shared across the brand’s social channels (IG, Facebook, X and TikTok).

To complement the launch, 13 White Stuff stores – including in Manchester, Liverpool and Edinburgh — have also had their windows overhauled to feature the retro campaign.

In addition, the brand will use outdoor advertising across 13 locations and 139 sites in the UK from next week to showcase Rewind ’85 product on Cornish surfers and Scottish ski tourers.  

White Stuff CEO Jo Jenkins said: “We’ve built such a loyal customer base since White Stuff started… and while we’re proud to be the modern brand we are today, we never want to forget our heritage.”
 
Prices for the collection range from £30 to £65.

Copyright © 2025 FashionNetwork.com All rights reserved.



Source link

Continue Reading

Fashion

Happy Zalando has strong 2024, expects more of the same in 2025

Published

on


Zalando issued an upbeat results report on Thursday, talking of expectations for “accelerating growth” in 2025 after a strong 2024 performance.

Zalando

And it talked up the key new partnership with the UK’s Next that was announced late last year. This year, Zalando’s ZEOS logistics operation is becoming the “partner of choice” for Next in fulfilling online DTC orders for most of continental Europe. The partnership, will see it introduce new fulfilment features “that will benefit all ZEOS clients in the future. These include advanced fulfilment capabilities — like virtual bonded warehousing — as well as enhanced onboarding and inventory management capabilities. ZEOS is also expanding its services to 10 additional European markets, where Next is already trading”.

Thursday saw the German e-tail giant detailing its expectations for the current trading year and it said its 2025 gross merchandise volume (GMV) and revenue should grow between 4% and 9%, “driven by the successful execution of Zalando’s ecosystem strategy across both growth vectors business-to-consumer (B2C) and business-to-business (B2B)”. That excludes an impact from its About You acquisition on either revenue or profits.

Meanwhile adjusted earnings before interest and taxes (EBIT) should rise to a range between €530 million and €590 million.

Zalando
Zalando – DR

2024 strength

That confidence comes after a buoyant 2024 as both GMV and revenue were in the upper half of the firm’s guidance range, with 4.5% and 4.2% growth, respectively. GMV reached €15.3 billion, while revenue was €10.6 billion.

B2C revenue was up to €9.657 billion from €9.301 billion. And B2B revenue was up to €952 million from €854 million.

Its adjusted EBIT jumped to €511 million from €350 million, which actually beat the updated guidance for €440 million-€480 million it had issued earlier.

The adjusted EBIT margin also rose from 3.5% in 2023 to 4.8% in 2024, “supported by strong operational efficiencies and a significantly higher B2C gross margin, which saw a year-on-year increase of more than 2 percentage points to 43.5%”.

Net income rose to €251.1 million from €83 million in FY23.

Zalando is now Diane von Furstenberg's exclusive retail partner in Europe
Zalando is now Diane von Furstenberg’s exclusive retail partner in Europe – Zalando x DvF

And it returned to active customer growth in 2024, with the number up 4.5% to an all-time high of 51.8 million. The number of orders rose to 251 million from 245 million and while average orders per active customer dipped slightly to 4.8 from 4.9, the average basket size rose to €60.90 from €59.80.

The company is aiming to “build the leading pan-European fashion and lifestyle e-commerce ecosystem along two growth vectors B2C and B2B” with co-CEO Robert Gentz saying that “our ecosystem strategy is progressing well and is our exciting new North Star”. 

In 2024, the company made “significant strides” in onboarding new, “highly relevant brands and assortments” like Versace menswear, Marine Serre, On running, and Fjällräven, enhancing its Designer and Sports offerings. In February, Zalando also became the exclusive retailer for Diane von Furstenberg in Europe. 

The e-tailer also improved product presentation through “elevated product detail pages, and is taking the product experience even further with tailored and innovative digital experiences such as its digital size advice for customers based on reference items and body measurements”. 

Since the initial launch in 2022, Zalando has also doubled the Adaptive fashion assortment, offering more than 600 styles in the course of 2024 — 170 more than the year before — across several categories, including footwear, sports and kidswear.

It has also expanded its “try before you pay” solution with “success” in Germany leading to expansion to eight more markets.

Lounge by Zalando
Lounge by Zalando – DR

And talking of expanding its initiatives to further markets, its Beauty proposition is to be expanded to Spain and Finland, so will be serving customers in 13 European markets. Meanwhile discount shopping club Lounge by Zalando is being expanded to five more countries in 2025, to be available in 22 markets.

Other developments this year include rolling out the company’s updated loyalty programme Zalando Plus further. The programme has already been successfully launched in Germany, Italy, Spain, France, the Netherlands, Switzerland, and Austria, and will be rolled out to most markets in 2025. 

Zalando will also expand its platform into new markets, launching in Portugal, Greece and Bulgaria.

The company is focusing on tech too and is piloting an outfit-builder experience called Stylelt, which allows users to style a complete outfit on the avatar of their choice, “letting them experiment with different looks and share their inspirations with friends, family, and followers”. 

Meanwhile, in B2B, it’s opening up its logistics infrastructure, software, and service capabilities “to be a key enabler for brands’ and retailers’ e-commerce transactions with its ZEOS operation system, regardless of whether they take place on or off its platform”.

We’ve already mentioned the big Next deal, but as well as that, ZEOS now serves 12 markets following the launch in Switzerland, Poland and Spain. 

Beyond that, merchants can now sell on 10 different channels, including brands’ own e-com destinations, as well as via nine marketplaces that collectively cover 85% of the total marketplace volume in Europe. 

Copyright © 2025 FashionNetwork.com All rights reserved.



Source link

Continue Reading

Fashion

UK retail footfall stabilises in February, expect March weakness

Published

on


UK retail footfall throughout February showed “resilience amid seasonal and economic pressures” as retailers look [nervously?] ahead to the Spring Budget.

Image: Charter Walk, Burnley

That’s MRI Software’s take on retail visits across the 2 February-1 March trading period as footfall fell by 0.3% compared to last year in all UK retail destinations. The decline was driven by a 1.5% dip in high street activity.

“This aligns with trends typically witnessed in February and may be reflective of adverse weather conditions and transport disruptions impacting footfall”, the report noted.

But on a month-on-month basis, footfall numbers were more upbeat, rising 7.3% in all UK retail destinations “which aligns with historical trends observed each February as activity levels normalise following the post-Christmas slump”.

Weekday year-on-year footfall last month rose marginally (+0.1% year on year) whereas weekend footfall declined 3.8%, which “may well reflect shoppers urging caution in light of price increases”, MRI said.

Footfall trends over a 24/7 period also highlighted a core area of growth, with the early evening period (5pm–8pm) growing by 0.9% annually during February, “continuing the positive trend in the evening economy as consumers combine leisure, dining and retail experiences”.

However, that weekend footfall drop suggests “that shoppers may still be managing discretionary spending carefully in light of ongoing cost pressures”.

And MRI’s ‘Central London Back to Office’ benchmark also highlighted a 3.5% drop in footfall during February compared to last year, the first annual drop experienced in 11 months, it noted.

But it highlighted that the flu season, which has been especially disruptive in recent months, “is likely to have impacted people’s willingness and ability to visit busy retail destinations and offices”.

The report also said that “retailers remain optimistic” as 55% of those surveyed in its weekly ‘Insights from the Inside’ poll revealed sales during the February half-term holiday were higher this time compared to last year. It provided a boost for physical retail destinations, particularly shopping centres and high streets where footfall jumped 9% and 11.6%, respectively,

However, 58% of retailers contacted also expect March sales to be lower compared to last year as the Easter holiday shifts into mid-April.

“As the sector prepares for the upcoming Spring Budget, attention is turning to how financial policies may further influence consumer confidence and retail spending. Potential changes in tax, public spending, and household support will be closely monitored for its impact on disposable income and retail demand in the months ahead”, MRI concluded.

Copyright © 2025 FashionNetwork.com All rights reserved.



Source link

Continue Reading

Trending

Copyright © Miami Select.