{"id":163862,"date":"2021-01-12T10:05:40","date_gmt":"2021-01-12T10:05:40","guid":{"rendered":"https:\/\/www.theindustry.fashion\/very-co-uk-reports-record-breaking-christmas-and-black-friday\/"},"modified":"2021-08-06T12:09:49","modified_gmt":"2021-08-06T12:09:49","slug":"very-co-uk-reports-record-breaking-christmas-and-black-friday","status":"publish","type":"post","link":"https:\/\/www.theindustry.fashion\/very-co-uk-reports-record-breaking-christmas-and-black-friday\/","title":{"rendered":"Very.co.uk reports record-breaking Christmas and Black Friday"},"content":{"rendered":"

Online retailer Very.co.uk<\/a> has reported increased retail sales of 25.2% year-on-year in the seven weeks up to 25 December 2020<\/strong>, recording its best ever Christmas trading period.<\/p>\n

The 2020 Christmas trading period saw the retailer welcome 500,000 new customers, up 25.5% year-on-year, with fashion and sportswear sales increasing 4.1%,<\/strong> led by a 37.6% rise in women's sportswear and 22.2% in men's sportswear.<\/p>\n

The Very Group, which also operates Littlewoods.com<\/a>, reported group retail sales grew 18.1% in the seven weeks.<\/p>\n

Revenue at Very.co.uk, including financial services income, increased 23.3% year-on-year, while overall group revenue grew 15.3% year-on-year to surpass \u00a3500m<\/strong> for the period for the first time.<\/strong><\/p>\n

The group also confirmed it was well prepared for Brexit and has seen no significant operational impact as a result of the new UK-EU trading relationship.<\/strong><\/p>\n

Henry Birch, CEO at The Very Group, said: \u201cWe are delighted with Very\u2019s outstanding performance, which shows UK families were more determined than ever to celebrate this Christmas, despite all the challenges of 2020.<\/p>\n

\u201cChristmas shopping started early at Very and our committed team worked tirelessly to deliver for our customers. Our record-breaking performance was supported by our new fulfilment centre, which processed 3.9m orders during peak<\/strong>; an incredible achievement for a facility that only launched in March this year, when the first national lockdown was announced.<\/p>\n

\u201cWhile the economic picture remains unpredictable, we have strong momentum as we begin the year. I believe our resilient, flexible and proven business model, which is online, multicategory and offers customers flexible payment options, will continue to help us thrive in 2021.\u201d<\/p>\n

\"\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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