Notonthehighstreet news and archive

Executive Equity Partners acquires UK marketplace Notonthehighstreet

German private equity boutique Executive Equity Partners (EEP) has acquired 100 percent of the shares in the UK-based online marketplace Notonthehighstreet. The Munich-based firm purchased the company from sellers including US-based Great Hill Equity Partners and Munich-based Burda Principal Investments. Founded in 2006, Notonthehighstreet...

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Business

Notonthehighstreet acquired by US private equity firm

British e-tailer Notonthehighstreet has been acquired by US growth equity firm Great Hill Partners. Notonthehighstreet, which sells a range of homeware, accessories and baby and child clothing, has experienced impressive growth in the past year during the pandemic, with revenue up more than 50 percent. During this time, the company’s customer...

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Business

Notonthehighstreet reportedly eyeing 200 million pound sale

British e-tailer Notonthehighstreet is reportedly mulling a 200 million pound sale following surging sales during the pandemic. The retailer, which sells a range of homeware, accessories and baby and child clothing, is working with investment bank Evercore on a potential auction, Sky News reports. City sources told the news publication that a...

Retail

Consumers opted for coziness in September

With winter approaching, retailers need to watch out for certain trends that consumers desire during the festive season. Notonthehighstreet noted its September bestsellers and reported that its sales in ‘sheepers’ slippers went up 190 percent, its cozy socks rose by 401 percent and its scarves grew by 216 percent, this is compared to the sale of...

Retail

One in five British people have set up their own business since lockdown

Online curated marketplace, Notonthehighstreet, has reported an increase in British people setting up their own businesses during lockdown. One in five adults have launched their own enterprise since the start of March, one in four are aiming to do so in the future, and one in two people say they are going to support small businesses more. Since...

Retail

Halloween 2020 searches surge in the UK

Online marketplace, Notonthehighstreet, has revealed an 889 percent increase in searches for Halloween. There are 5,000 small businesses on Notonthehighstreet and the company is hoping this surge in searches brings opportunity for small businesses across the UK, as consumers are entering a new mindset ahead of Christmas. Leanne Osborne,...

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Business

Notonthehighstreet records rising profits though sales stay flat

Notonthehighstreet has recorded an almost-doubled operating EBITDA for its full-year results, despite sales remaining broadly flat. For the year ended 31 March, the UK e-tailer saw an 82 percent jump in operating EBITDA from 1.7 million pounds to 3.1 million pounds, helped by more targeted marketing and prudent cost management. However,...

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Fashion

Fearne Cotton launches jewellery with Notonthehighstreet

Presenter and author Fearne Cotton, who has previously launched a fashion collection with Cath Kidston, has launched her first jewellery line with Notonthehighstreet, the curated online marketplace and “home of thoughtful gifts”. The 31-piece jewellery collection, which is exclusive to Notonthehighstreet, has been designed in collaboration with...

People

Notonthehighstreet names new chief executive

Notonthehighstreet, the curated online marketplace, has appointed Claire Davenport as its new chief executive officer. Davenport, the former chief executive of HelloFresh UK, will succeed Barrie Seidenberg, who has led Notonthehighstreet as chief executive since April 2018. Seidenberg was diagnosed with brain cancer earlier this year and will...

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People

Notonthehighstreet appoints new chief financial officer

Notonthehighstreet.com has appointed Phil Branston as its new chief financial officer and member of its executive team. Branston joins Notonthehighstreet from online food delivery company, Just Eat, and he will be responsible for leading and developing a “high performing finance team focussed on scaling operations”. In a statement,...

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Retail

Notonthehighstreet becomes latest UK retailer to ban use of Mohair

UK e-tailer Notonthehighstreet has become the latest retailer to announce a ban on mohair. The announcement comes after the release of a Peta video exposé in June uncovering the treatment of goats across 12 goat farms in Angora, South Africa. The undercover footage filmed by Peta in January and February of this year shows goats being mutilated,...

People

Notonthehighstreet appoints new CEO

Notonthehighstreet has appointed Barrie Seidenberg as its new CEO. The decade old company, which aims to bring together the most unique and stylish products that are hard to find anywhere else, will see Seidenberg lead the team that also includes David Phillips, chief financial officer, and Ella d'Amato, chief commercial officer....