News
To read the ASOS Trading Statement for the four months ended 30 June 217 click here.
Ardent's client, Mall for Africa, has launched its new office in Kenya in order to tap into the growing demand for online shopping of quality goods from overseas markets. By accessing the Mall for Africa platform, Kenya will now have easy access to over 8.5 billion items for sale from over 150 U.S. and British retailers.
To read more on this article, click here.
To read Alibaba’s March quarter 2017 and full fiscal year 2017 results click here.
Matchesfashion.com, is marking its 30th year in business with an big announcement. The company has released its financial results for the first time this week and their full-year revenues for 2016 were a record £204m. They have made a 61 per cent growth year on year with online sales growing by 73 per cent and 55m visits to their website.
If you would like to find out more, please click here.
On 14 November 2016 Ardent Advisors and Calibre One co-hosted The Online Grocery Leadership Dinner at The Lansdowne Club in Mayfair.
We were joined by 16 CEOs, chairmen and investors from the European Online Grocery sector such as; Deliveroo, Hello Fresh, MedicAnimal and William Jackson Food Group. There was an interesting roundtable discussion that began with the future of Online Grocery, and moved on to consider how consumer behaviour will impact their business.
The evening was a great success and to register your interest in attending our next event, please contact Georgia at georgia@ardentadvisors.com.
Ardent's client, Sky-Futures, and Flyability have joined forces to bring to market a fully integrated solution for drone-based industrial inspection. The two companies now provide clients with the Elios drone and Expanse software for a complete solution for data capture, processing and distribution to all stakeholders.
To find out more click here.
UK department store group John Lewis Partnership is developing its sustainable FashionCycle scheme. The scheme now looks to reward the retailer’s customers who donate five or more pre-loved clothing items, which will either be resold or recycled, “encouraging customers to shop more sustainably and extending product life cycles”.
The retailer’s exclusive initiative is linked to its loyalty reward programme ‘MyJL’. When customers donate five or more items to their nearest John Lewis store they will be rewarded with a £5 offer to shop when they spend £20 or more across the fashion and homeware departments (excluding online).
The expanded scheme “follows our hugely successful introduction of our BeautyCycle reward scheme, which launched back in 2019", the retailer said.
“So far, more than 85,000 MyJL members have donated to BeautyCycle, saving an incredible 425,000 products from going to landfill”, it noted.
Caroline Pinnell, Partner & Circular Economy Specialist, said: "FashionCycle forms part of our commitment to ensure all John Lewis product categories have a 'buyback' or 'takeback' solution by 2025.
"In particular, this scheme will help our pledge to increasingly move away from a ‘make, take and dispose’ model to a ‘repair, reuse or recycle’ approach -- an evolution that will help our customers shop more responsibly and be key in eliminating unnecessary waste and extending product life cycles.”
Lightful, a social media and campaign management tool for charities and social enterprises, has secured £4m in Series A funding.
The company drew investment from backers including Pink Floyd drummer Nick Mason and British racing driver Dario Franchitti.
To read more, click here.