1. Department: Consumer Durables

Boohoo founder loses £500m as fashion firm’s stock becomes most shorted

Written by Posted on Less than 0 min read

Boohoo founder Mahmud Kamani has watched his personal fortune tumble by £500 million in just two years after the fast fashion retailer’s stock became the most shorted in the UK.…

The post Boohoo founder loses £500m as fashion firm’s stock becomes most shorted appeared first on Latest Retail Technology News From Across The Globe – Charged.

View Original Article
Member since
The latest retail technology news from across the globe. https://www.chargedretail.co.uk/
Do you like ChargedRetail's articles? Follow on social!

More from ChargedRetail

  1. Channel: Ecommerce & Digital

Amazon to start flagging ‘frequently returned’ products

Ecommerce giant Amazon is adding a warning on certain product pages, alerting shoppers if they are “frequently returned” items. With the new label, the company is encouraging shoppers to conduct more research before purchasing an item, by checking the details and reviews to avoid unnecessary returns. The warning reads: “Frequently returned item: Check the product […]
< 1 min read
0
  1. Holiday & Events

Very enjoys sales uplift over Christmas period

Very enjoyed a 2.2% uplift in retail sales in the lead-up to Christmas, citing the popularity in air fryers and games consoles as the reason. Sales in the toys, gifts… The post Very enjoys sales uplift over Christmas period appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Ocado appoints Pepco CFO as new chief financial officer

Ocado has announced the appointment of new chief financial officer, Mat Ankers, who will oversee the group’s finance, operations, IT and insights. Ankers brings years of expertise, working at retailers… The post Ocado appoints Pepco CFO as new chief financial officer appeared first on Latest Retail Technology News From Across The Globe – Charged. View […]
< 1 min read
0
  1. Partnerships & Alt Profit

Zeus rapidly expands into Europe following Primark partnership

Freight management start-up Zeus has expanded into Europe after partnering with fashion retailer Primark. The partnership, which will see Zeus handling freight transport for the retailer on distribution routes to… The post Zeus rapidly expands into Europe following Primark partnership appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original […]
< 1 min read
0
  1. Channel: Delivery

Klarna chief asks Deliveroo deal critics “how dare they?”

Alex Marsh, Klarna’s UK chief has sprung to the company’s tie up with Deliveroo after the deal sparked controversy with debt campaigners claiming the deal with put already-struggling British consumers… The post Klarna chief asks Deliveroo deal critics “how dare they?” appeared first on Latest Retail Technology News From Across The Globe – Charged. View […]
< 1 min read
0
  1. Shopper & Customer

Walmart expands drone delivery programme to reach 4 million households

Walmart is expanding its drone delivery service to 34 sites by the end the year, providing the potential to reach 4 million US households across six states – Arizona, Arkansas,… The post Walmart expands drone delivery programme to reach 4 million households appeared first on Latest Retail Technology News From Across The Globe – Charged. View […]
< 1 min read
0
  1. Channel: Mass

Tesco expands Whoosh rapid delivery service to 1,000 stores

Tesco’s Whoosh speedy delivery service is now available from 1,000 Express stores as the supermarket giant exceeds its rollout target by 25%. The service was first launched in May 2021,… The post Tesco expands Whoosh rapid delivery service to 1,000 stores appeared first on Latest Retail Technology News From Across The Globe – Charged. View […]
< 1 min read
0
  1. Partnerships & Alt Profit

Ann Summers partners with learning and skills platform Thrive

Ann Summers has partnered with learning and skills platform Thrive, helping the lingerie brand achieve its new learning vision for hundreds of employees. The partnership means over 1,000 Ann Summers… The post Ann Summers partners with learning and skills platform Thrive appeared first on Latest Retail Technology News From Across The Globe – Charged. View […]
< 1 min read
0
  1. Trends & External Forces

Etsy maintains pandemic gains as shares soar

Etsy has bucked the current tech platform trend as its shares have soared 8% in after-hours trading on Wednesday following the company’s second quarter results. Earnings per share came in… The post Etsy maintains pandemic gains as shares soar appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article […]
< 1 min read
0
  1. Corporate Strategy

New Look names Helen Connolly as new CEO

New Look has appointed a new chief executive to replace Nigel Oddy, who announced his departure earlier this month. The fast fashion giant has promoted its chief commercial officer of… The post New Look names Helen Connolly as new CEO appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original […]
< 1 min read
0
  1. Technology & Innovation

Clearpay drops Richard Quinn NFTs for London Fashion Week

Clearpay has teamed up with breakthrough designer Richard Quinn and the British Fashion Council to offer a limited-edition rose NFT to celebrate London Fashion Week (LFW). Purchasing one of the… The post Clearpay drops Richard Quinn NFTs for London Fashion Week appeared first on Latest Retail Technology News From Across The Globe – Charged. View […]
< 1 min read
0
  1. Corporate Finance

Klarna boss has ‘no regrets’ over investment round which left firm 85% down in value

The founder of Klarna, Sebastian Siemiatkowski, has claimed he ‘does not regret’ going through a recent investment round that caused the fintech giant’s value to tumble 85% to £5.46 billion.… The post Klarna boss has ‘no regrets’ over investment round which left firm 85% down in value appeared first on Latest Retail Technology News From […]
< 1 min read
0
  1. Technology & Innovation

ScS bets on AI visualisation as online sales grow

ScS online sales jumped 16.7% in its first half as it introduced AI visualisation tools to boost customer engagement. Despite the online growth, the furniture retailer reported widening losses of… The post ScS bets on AI visualisation as online sales grow appeared first on Latest Retail Technology News From Across The Globe – Charged. View […]
< 1 min read
0
  1. Media & Marketing

Walmart launches TV shopping partnership with Roku

Walmart has launched a TV shopping partnership with Roku to help “make TV streaming the next ecommerce shopping destination.” The two companies have inked a deal that will make Walmart… The post Walmart launches TV shopping partnership with Roku appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article Walmart […]
< 1 min read
0
  1. Technology & Innovation

Hugo Boss brings AI showroom experience to Metaverse Fashion Week

Hugo Boss is joining Metaverse Fashion Week (MVFW) with a virtual, immersive showroom, serving as a digital extension of its latest fashion show in Miami. The new space, premiering at… The post Hugo Boss brings AI showroom experience to Metaverse Fashion Week appeared first on Latest Retail Technology News From Across The Globe – Charged. […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Amazon Prime Day creates surge in parcel traffic for Collect+

During this year’s Amazon Prime Day, Collect+ saw a huge surge in Amazon parcel collections at convenience stores, as consumers sought to take advantage of various deals. Across Prime Day… The post Amazon Prime Day creates surge in parcel traffic for Collect+ appeared first on Latest Retail Technology News From Across The Globe – Charged. […]
< 1 min read
0
  1. Partnerships & Alt Profit

Asda partners with Jaja to launch digital reward credit card

Asda has signed a deal with Jaja, in conjunction with Visa, to provide digital, reward-led credit cards to its 18 million customers across the UK. The new credit card, to… The post Asda partners with Jaja to launch digital reward credit card appeared first on Latest Retail Technology News From Across The Globe – Charged. […]
< 1 min read
0
  1. Corporate Finance

JD Sports chief financial officer to step down

JD Sports chief financial officer Neil Greenhalgh is to step down from his role at the omnichannel sportswear giant next year. Greenhalgh’s resignation comes in the wake of JD Sports’… The post JD Sports chief financial officer to step down appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original […]
< 1 min read
0
  1. Technology & Innovation

Jisp appoints Martin Ward to its advisory board

Jisp has appointed software technology expert Martin Ward to its advisory board, effective immediately. Martin has over 30 years of B2B enterprise software technology experience, most recently serving as partner… The post Jisp appoints Martin Ward to its advisory board appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original […]
< 1 min read
0
  1. International

Adidas UK sales rise in FY21 results

Adidas UK has seen a 23.6% increase in sales to £1.29 billion, after filing its results for the year ending 31 December 2021. This revenue included a sales increase of… The post Adidas UK sales rise in FY21 results appeared first on Latest Retail Technology News From Across The Globe – Charged. View Original Article […]
< 1 min read
0
Next