Tag: growth

IAB and PwC: Ad spend growth to continue

Digital advertising received $17.6 billion in investment from US companies in Q3 2016, according to the IAB’s and PwC’s latest Internet Advertising Revenue announcement.

Just Eat buys Hungry House and SkiptheDishes

Just Eat, which listed in 2014, has announced the purchase of its online takeaway rival Hungry House, in a deal worth up to £240 million. It is also buying Canada’s SkiptheDishes.

Inditex posts higher profit on Zara sales

With the release of its Q3 figures, the world’s largest clothing retailer posted an 11 per cent rise in net sales to €16.4bn compared with the same period last year.

Online retail hits £1.23bn on Black Friday: IMRG

IMRG, supported by SimilarWeb data, estimates that total spend on online retail sites on Black Friday 2016 was £1.23bn, a 12.2 per cent increase on the £1.1bn spent on the same day in 2015 but almost a quarter lower than its original forecast growth of 16 per cen

Lovehoney profits on the rise

Lovehoney reported pre-tax profits up by 68 per cent in its latest financial year. This is in large part driven by the increasing mass-market appeal of the sex toys it sells online – led by its exclusive Fifty Shades Darker licensed ranges.