×
6 705
Fashion Jobs
HOLLISTER CO. STORES
Hollister CO. - Graduate Manager in Training, Stratford (Westfield)
Permanent · London
HOLLISTER CO. STORES
Hollister CO. - Graduate Manager in Training, White City London (Westfield)
Permanent · London
SELFRIDGES
Finance Analyst- Domain
Permanent · LONDON
SELFRIDGES
Finance Manager – Domains
Permanent · LONDON
SELFRIDGES
Tech Business Analyst - Customer & Omni
Permanent · LONDON
NEXT
Sales Manager - Coventry Arena RP
Permanent · COVENTRY
EVERLAST GYMS
Assistant General Manager - Everlast Fitness
Permanent · SELBY
EVERLAST GYMS
Assistant General Manager - Everlast Fitness
Permanent · EPSOM
EVERLAST GYMS
General Assistant - Everlast Gyms
Permanent · SALE
EVERLAST GYMS
Assistant General Manager - Everlast Fitness
Permanent · DENTON
FRASERS GROUP
Warehouse Section Manager - Night Shift
Permanent · SHIREBROOK
VIVIENNE WESTWOOD
PA to Creative Director
Permanent · LONDON
DR. MARTENS
eu HR Administrator - French And/or German Speaking
Permanent · LONDON
HARRODS
Cleaning Operative- Day or Night
Permanent · LONDON
HARRODS
Uniform Security Officer (Cctv Operator)
Permanent · LONDON
FLANNELS
Beauty Brand Manager - Pat Mcgarth
Permanent · BELFAST
HUGO BOSS UK LTD.
Sales Executive - Shoes & Accessories + Bodywear & Hosiery
Permanent ·
HUGO BOSS UK LTD.
Womenswear Sales Manager
Permanent ·
HUGO BOSS UK LTD.
Ecommerce Marketplace Manager Northern Hub
Permanent ·
HUGO BOSS UK LTD.
Finance Manager (Maternity Contract)
Permanent ·
HUGO BOSS UK LTD.
Sales Executive Boss Menswear
Permanent ·
GANT
Brand Consultant - Full Time - Gant House of Fraser Manchester - mw/lw
Permanent · MANCHESTER
Ads
Published
Aug 18, 2021
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Hotter to launch wellbeing and clothing marketplace

Published
Aug 18, 2021

UK-based comfort footwear brand Hotter Shoes is to launch into the wellness and apparel segment after its private equity owner Electra floats its business later this year.


Hotter Shoes



Hotter Shoes will be floated on AIM as part of Electra’s own float when the parent business’s name will also be changed to Unbound Group.

The company and the brand will be making the most of the strong Hotter appeal to older consumers to come up with a marketplace “delivering a range of products and services that support the wellbeing and active lifestyles of our chosen customer community”.

It will sell apparel and wellness products, including complementary labels from third parties. The marketplace concept will launch in the first half of next year.

It comes as the 55+ age group that Hotter targets is increasingly focused on its general wellbeing. That demographic is also ever-more digital (especially post-pandemic) and Hotter’s own recent pivot from physical stores to online is exploiting this.

In the seven months after the launch of its October 2020 new strategy, UK online sales grew 30% on the prior period while sales from digital partnerships grew 44%. 

Online sales in the UK and US contributed 68% of total sales over this period, up from 54% in the prior year on a like-for-like basis.

Over the same seven-month period, EBITDA was 8% ahead for continuing operations, despite the closure of its remaining physical stores for 21 out of the 30 weeks in the period. 

And for the first half specifically, Hotter’s sales have grown 39% online, outstripping overall 25% sales growth.

Copyright © 2022 FashionNetwork.com All rights reserved.