Shop Direct posts 3.7 percent rise in Christmas revenues

Shop Direct, which operates multi-category digital retailers Very and Littlewoods, increased group revenue by 3.7 percent year-on-year for the seven weeks up to and including December 28, 2018. The company said, group’s performance was driven by 8.8 percent year-on-year growth at Very, its largest and fastest growing retail brand. The company added that it witnessed revenue growth across the group while maintaining retail margin rate in line with last year.