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The coronavirus pandemic is prompting more people to shop online

Online fashion retailer Zalando ups full year guidance

German online fashion retailer Zalando last night increased its full year earnings guidance, as the coronavirus pandemic prompts more people to shop online.

Business • 16 Jul 20

Tesco said its Irish like for like sales jumped by 20.5% to £697m in its first quarter to May 30

Tesco's UK and Irish sales up 8.2% in lockdown quarter

Tesco said its underlying UK and Irish sales rose by 8.2% year-on-year in its first quarter to May 30, boosted by the countries being on coronavirus lockdown for most of that time.

Business • 26 Jun 20

EShopWorld's CEO Tommy Kelly said that Covid-19 driven a dramatic increase in e-commerce sales

EShopWorld's turnover passes €0.5 billion in 2019

Dublin-headquartered online commerce company EShopWorld has reported higher profits and revenues for last year and said the outbreak of the coronavirus has driven a dramatic increase in e-commerce sales.

Business • 19 Jun 20

Dixons Carphone said it would not pay a dividend due to uncertainty connected with the pandemic

Online sales throw Dixons Carphone a lockdown lifeline

Electricals retailer Dixons Carphone said online demand was making up for around two-thirds of store sales lost due to closure during the coronavirus crisis.

Business • 29 Apr 20

Next said store sales plunged 52% in the 13 weeks to April 25 - its fiscal first quarter

Next sales slump as stores shut in coronavirus lockdown

Clothing retailer Next has shored up its finances to help get it through the coronavirus crisis by selling property, suspending share buybacks and dividends and cutting costs after first-quarter sales fell 41%.

Business • 29 Apr 20

Hazel Mitchell, site lead for eBay Ireland

eBay to help small Irish businesses during Covid-19

EBay is offering Irish SMEs the chance to sell their products on its platform for free.

Business • 20 Apr 20

Quiz has implemented additional safety measures to keep its warehouse workers safe during the coronavirus emergency

Fashion retailer Quiz reopens online business

UK fashion retailer Quiz has reopened its online operations after implementing additional safety measures to keep its warehouse workers safe during the coronavirus emergency, it said today.

Business • 15 Apr 20

Euro zone food, drink and tobacco sales jumped by 2.4% in February as people started to stockpile

Euro zone retail sales jump on food stock piling

Euro zone retail sales jumped by more than expected in February, the month before coronavirus measures spread across the continent, as shoppers stocked up on food and drink and sharply increased their online spending.

Business • 03 Apr 20

Overall online transactions rose 44% in February compared to March

Online retail sales soar due to virus restrictions

Online retail sales revenue jumped by 110% during March compared to the previous four weeks, driven by movement restrictions put in place by the Government to counteract the spread of Covid-19.

Business • 01 Apr 20

Next said there is no way of predicting the extent that the effect coronavirus will have on its retail and online sales

People do not buy a new outfit to stay at home - Next

Clothing retailer Next said today the industry was facing a crisis that is unprecedented in living memory, but believes that its balance sheet and margins will help it weather the storm.

Business • 19 Mar 20

The new An Post technology enables 13,000 parcels to be processed every hour

An Post's €15m Global Parcel Hub opens in Dublin

An Post has today opened its new €15m Dublin Parcel Hub in Clondalkin, Dublin 12.

Business • 06 Dec 19

Next said it made a pre-tax profit of £319.6m in the 26 weeks to July 27

Next's first half profit rises on strong online growth

Clothing retailer Next made a "disappointing" start to autumn trading which it said was down to unusually warm weather, rather than uncertainty over Britain's EU exit.

Business • 19 Sep 19

Inditex had launched Zara online into 106 new markets in November

Zara owner Inditex reports 2% rise in profits

Zara owner Inditex has reported a 2% rise in full-year profit as it launched Zara online into 106 new markets in November and benefited from favourable comparisons to unseasonably cold weather last year.

Business • 13 Mar 19

Amazon's third-quarter sales lagged estimates

Amazon's sales outlook misses target - shares sink

Amazon.com last night forecast key end of the year sales and profit that missed Wall Street targets, projecting revenue growth that would be the slowest in years.

Business • 26 Oct 18

The world's largest furniture retailer saw total sales of goods and services reach €38.8 billion during the 12 months to August.

Online shopping surge helps lift IKEA's full-year sales

Sales at IKEA furniture stores rose 4.5% in the fiscal year to August, helped by new store openings and rising online sales, franchisor Inter IKEA said today.

Business • 10 Oct 18

Retail sales in the euro zone fell by 0.2% month-on-month in July and rose by 1.1% year-on-year

Euro zone retail sales growth slows in July

Euro zone retail sales grew at a more moderate rate than expected year-on-year in July as households spent less on clothing than a year earlier/

Business • 05 Sep 18

Inditex, the Spanish company which pioneered the fast-fashion concept in the 1980s, is developing new technologies

Inditex to sell all its brands online by 2020

Inditex, the world's largest clothing retailer and owner of the Zara chain, said it would sell products from all its brands on the Internet around the world by 2020, including in markets where it does not have any stores.

Business • 05 Sep 18

Shares in ASOS are up 13% over the last year

ASOS confident on guidance despite slowing sales growth

British online fashion retailer ASOS said it was on track to make analysts' forecasts for full year profit, although sales growth for its latest trading period came in short of market expectations.

Business • 12 Jul 18

Ted Baker said its online sales jumped 39.8% last year

Ted Baker's annual profit rises as online sales jump

Ted Baker today cautioned against a tough global environment ahead, sending its shares down more than 5% in London trade.

Business • 22 Mar 18

Strong online sales are expected to continue over the weekend as retailers seek to recoup revenue lost through store closures

An Post set to deliver after surge in online shopping

An Post is expecting to make a deluge of deliveries of online purchases when postal services resume as soon as road conditions allow.

Business • 02 Mar 18

Irish retailers losing at least €3 billion to overseas suppliers through online spending

€3 billion spent with online retailers abroad

New figures show that Irish consumers spent around €5 billion online last year, but almost two thirds of that - about €3 billion - went to retailers outside of the country.

Business • 19 Feb 18

Wolfgang Digital founder and CEO Alan Coleman

Mobile deals on the rise but desktop sees higher spend

A study on e-commerce websites by Wolfgang Digital shows that Google generates 62% of all traffic and 63% of all revenue.

Business • 07 Sep 17

Alibaba said that 84% of sales in the first two hours of Singles Day were via mobile devices, up from last year.

Alibaba's Singles' Day sales hit record $17.7bn

Alibaba’s Singles' Day festival has posted a record 120.7 billion yuan ($17.73 billion) worth of sales, though the gala shopping day saw growth slow as Chinese shoppers searched for deeper discounts and lower price tags.

Business • 11 Nov 16

Boohoo.com now expects revenue growth for the full year of 30-35%

Online fashion retailer Boohoo ups outlook again

Online fashion retailer Boohoo.com has upgraded its sales guidance for the third time in three months as it reported a more than doubling of first-half profit.

Business • 27 Sep 16

Alibaba has been grappling with a slowdown in the world's second-largest economy - China

Alibaba revenue up 39% as more shoppers buy online

Alibaba Group, China's biggest e-commerce company, said today that its fourth-quarter revenue rose 39%, beating Wall Street estimates.

Business • 05 May 16

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