John Lewis has partnered with Klarna, enhancing payment options for online shoppers.Customers can now use Klarna’s Pay in 3 product, allowing payment over 60 days without interest.This expands on existing offers for nursery and electrical items priced between £500 and £1,500.The initiative aims to simplify budgeting and attract new customers, according to John Lewis and Klarna executives.The partnership reflects John Lewis’s commitment to providing flexible, secure payment solutions.John Lewis has announced a new partnership with Klarna, giving its online customers the option to use Klarna’s ‘Pay in 3’ service. This service allows customers to spread the cost of their purchases…
Author: Dave Antrobus
John Lewis collaborates with Klarna to offer flexible payment options.The new service allows online customers to split costs over 60 days interest-free.It enhances current options for nursery and electrical purchases costing £500-£1,500.John Lewis aims to ease financial management for its shoppers.The partnership could attract a new demographic to the store.John Lewis has announced a new partnership with Klarna, enabling its online customers to utilise the ‘buy now, pay later’ service. This service allows customers to divide the total cost of their purchases into three payments over 60 days without incurring any interest.Previously, John Lewis offered a similar payment plan for…
Burberry shares surged over 7% after takeover speculation involving Moncler emerged, sparking investor interest.The climb followed reports from Miss Tweed suggesting Moncler was exploring a bid for the British luxury brand.Moncler, however, has declined to comment on these “unsubstantiated rumours” to The Guardian, maintaining a cautious stance.This development arises after warnings from analysts about Burberry’s vulnerability to takeover after their removal from the FTSE 100.Amid these swirling speculations, the market witnessed Burberry’s valuation dipping to a 15-year low.Burberry’s share price experienced a significant uplift, jumping more than 7% in response to rumours of a potential acquisition by Moncler. This speculation…
Asos has reported a significant pre-tax loss of £379.3m for the year ending 1 September, marking a notable decline from the previous year’s figures.Despite the loss, Asos remains optimistic about its new commercial model, seeing improvements in its stock performance.The retailer’s strategy included a major transition in inventory, achieving a reduction by half compared to the previous financial year.Sales of new products saw a notable increase of 24% year-on-year, indicating improved demand.Asos plans to enhance customer experiences further, initiate a loyalty programme, and focus on profitable growth.Asos has faced a challenging financial year, reporting a pre-tax loss of £379.3 million,…
Asos reports a significant financial loss but remains optimistic about future growth.Losses surged to £379.3 million over the past year with an 18% decrease in sales.The company focuses on a ‘sustainable, profitable growth’ strategy despite financial setbacks.CEO José Antonio Ramos Calamonte expresses confidence in the new commercial model’s performance.Stock management strategies show promising signs, contributing to operational efficiency.Asos, the renowned online fashion retailer, posted a substantial pre-tax loss amounting to £379.3 million for the year ending 1 September, marking a rise from the previous year’s £296.7 million loss. Sales dropped by 18% to £2.9 billion, signalling significant challenges faced by…
TikTok Shop is reshaping the UK’s ecommerce landscape with its social commerce model.Influencers play a central role by integrating entertainment and direct purchasing within the app.UK brands, especially in the beauty sector, are capitalising on TikTok Shop’s viral potential.LIVE shopping and augmented reality are emerging trends enhancing user engagement.TikTok Shop offers a unique blend of entertainment and ecommerce, transforming how brands reach consumers.TikTok Shop is rapidly transforming the ecommerce sector in the UK. As more than half of the population over 15 uses TikTok, the platform combines entertainment with commerce, allowing brands to tap into new audiences and drive substantial…
In a significant ruling, a solicitor has been suspended for permitting an unqualified “friend” to manage a law firm, highlighting potential oversight failures within the legal profession.David Durkin-Finch, who held roles as solicitor, sole director, and compliance officer of a law firm operating under the name Cleverson Solicitors, has been suspended for two years. This decision by the Solicitors Disciplinary Tribunal (SDT) came after Mr Durkin-Finch admitted to allowing Matthew Waterfield, an unadmitted acquaintance, to run the firm despite Waterfield’s history of leading a firm into administration.The SDT’s ruling indicates a failure in professional judgement and oversight, as it was…
Selfridges has unveiled its highly anticipated Christmas window displays, marking the start of the festive season.The Oxford Street store features an impressive array of decorations including 36,000 baubles and 15,000 LED lights.The theme ‘More the Merrier!’ celebrates maximalism, transforming the store into a vibrant festive destination.Santa Claus, giant disco balls and live performers enhance the festive atmosphere at Selfridges.Chief creative officer Laura Weir emphasised the joy and imagination underlying this year’s decorations.Selfridges has officially launched its 2024 Christmas window displays at its renowned Oxford Street branch, signalling the joy and excitement of the festive season. The displays are adorned with…
The introduction of the Worker Protection Act brings new responsibilities for all employers.Businesses are urged to complete risk assessments to prevent workplace sexual harassment.The Act applies to diverse settings, beyond traditional office environments.Victoria Templeton emphasises understanding business-specific risks is key.Practical steps have been proposed to help businesses comply with the new duty.The Worker Protection Act, effective from Saturday, 26th October, imposes a duty on employers to take reasonable steps to prevent sexual harassment in the workplace. Businesses are encouraged to conduct comprehensive risk assessments to identify potential risks and develop strategies to mitigate them.Importantly, this legislation extends beyond typical office…
AI has revolutionised HR by automating mundane tasks and expanding into complex roles, enhancing both precision and speed. With AI advancing into areas such as application screening and employee engagement analysis, HR is on the brink of transformation.The potential bursting of the AI bubble, similar to the .com era, remains a concern if AI’s value isn’t fully realised in workplaces.HR must prioritise governance in AI strategies to avoid risks like algorithmic bias and ensure ethical standards.The AI vendor market in HR is rapidly growing, with organisations needing thorough evaluation to choose suitable providers.AI offers solutions to combat digital distractions in…