The Very Group news and archive

JD.com eyes The Very Group acquisition for UK expansion, Sky News reports

Chinese e-commerce company JD.com is evaluating a potential 2 billion pound, or 2.70 billion dollars, acquisition of the British online retail platform The Very Group, according to a report by Sky News on May 22, 2026. The move marks the latest initiative by the Beijing-based firm to expand its footprint within the UK digital commerce sector....

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The Very Group confirms Edward Fry as permanent CFO

The Very Group has appointed Edward Fry as its permanent chief financial officer, following a period in the role on an interim basis. Fry has served as interim CFO since September 2025, having previously been group finance director. During that time, he played a key role in major developments for the business, including its change of ownership...

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The Very Group owner injects 150 million pounds into the business

The Very Group, acquired by global investment firm Carlyle in November 2025, has completed a long-term funding deal to extend and renew debt facilities, to position the retail group “for the next stage of its growth”. Owners Carlyle have injected 150 million pounds in financial support into debt-laden The Very Group, which includes digital...

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Very UK bolsters The Very Group’s Christmas trading

Online fashion and homeware retailer Very UK, part of digital retail operator The Very Group, reports “resilient” Christmas and Black Friday trading results, boosting the group by delivering retail sales growth of 1.9 percent year-on-year for the period. For the six weeks to December 27, 2025, Very, the group’s flagship brand, said its trading...

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The Very Group achieves revenue growth in Q1

UK-based digital retailer and financial services provider The Very Group Limited has reported a return to revenue growth and enhanced profitability for the first quarter of fiscal year 2026, ended September 27, 2025. Despite a challenging market environment, the group achieved a 2.4 percent increase in total revenue to 460.8 million pounds. The...

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The Very Group owner reportedly eyeing two billion pound auction

Carlyle, the US parent company of The Very Group, is believed to be preparing to launch a two billion pound auction for the ailing British e-tailer just months after its acquisition. Sources for Sky News have suggested that the American private equity firm is due to appoint Barclays and JP Morgan to oversee the sale of Very, which also owns...

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The Very Group finds new ownership, Barclay family exits

The Very Group, the parent company of Very and Littlewoods, has been taken over by US investment firm Carlyle, seeing the exit of its long-time owners, the Barclay family. IMI will remain as a key stakeholder in the group. In a press release, The Very Group said the takeover was a “positive outcome” that provided a “strengthened capital base and...

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The Very Group shifts focus to profitability, achieves record margin

The Very Group, the operater of digital retail platforms Very and Littlewoods, announced its full-year results for the 52 weeks ended June 28, 2025, detailing a significant increase in earnings despite challenging retail conditions. The Group’s strategy emphasised profitability over volume, resulting in an adjusted EBITDA margin of 14.7 percent...

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Very elevates fashion proposition led by “customer data and insights”

Online fashion and homeware retailer Very, part of digital retail operator The Very Group, has launched a new style direction for its fashion proposition, offering consumers a new elevated collection that blends premium design with timeless wardrobe essentials. The Very Collection is billed as an “evolution of the digital retailer’s own-brand...

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US investor Carlyle reportedly set to take control over Very Group

US investment firm Carlyle is said to be on the cusp of taking over Very Group, potentially bringing to an end the Barclay family’s long reign over the British e-tail group. According to sources for Sky News, Carlyle, which currently serves as Very’s biggest lender to its parent company, could assume ownership of the retailer as early as...

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The Very Group names new head of creative direction at HelloStudio

The Very Group's in-house creative agency HelloStudio, which was launched in April, has appointed former Target executive Beth Lowry as its new head of creative direction. Lowry will join the Liverpool-based creative team and help shape the in-house agency’s creative direction and vision. She joins Julie Phelan, head of creative management, who...

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Very Group Q3 revenue drops, sports category sees strength

British retailer The Very Group reported a 3.8 percent decrease in revenue for the 39 weeks to March 29, 2025, amounting to 1.6 billion pounds. The company said the decline was due to a “tough market”. Its Very UK flagship brand reported a drop in revenue of 2.5 percent to 1.4 billion pounds, while its Littlewoods subsidiary also saw revenue...