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Very NEWS

The Very Group appoints new non-executive directors

September 4, 2024 by Angela Beevers
The Very Group has appointed Nick Beighton and Paul O’Donnell to its board as non-executive directors. Representing global investment firm Carlyle, Beighton is the former chief... View Article View Article
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ABOUT Very

The Very Group appoints new non-executive directors

Very is a British online retailer and ecommerce brand located in Speke, Liverpool.

Very Company Profile

Very is a British online retailer and ecommerce brand located in Speke, Liverpool. Very.co.uk accounts for 81% of the group's sales and sells everything from technology to tableware. This site offers customers a broad selection of products from hundreds of big-name brands. The website had 652.4 million online visits in FY21 and boasts 3.82 million active customers. Very also offers flexible payment options. The Very Groups brands also include Littlewoods.com, Very Exclusive and Littlewoods Ireland. A few of its former brands are now defunct, the most notable of these being Woolworths. Littlewoods dates back to 1923 and accounted for £438.7m in sales during FY21. Very makes extensive use of both celebrity endorsements and product placement on television and on social media. Celebrities such as Holly Willoughby, Fearne Cotton and Jameela Jamil have acted as faces of the site, creating fashion collections and appearing in adverts. Very Products and Services
  • Designer Brands
  • Womenswear and Menswear
  • Child and baby clothes, Toys
  • Sport and Leisure
  • Home and Garden
  • Electricals and Gaming
  • Gifts and Jewellery
  • Beauty and Wellness
The Very Group is owned by the Barclay Brothers, Frederik and David Barclay. They have many different joint business interests primarily in shipping, media, retail and property. They own the Telegraph Group Limited, parent company of The Daily Telegraph and The Sunday Telegraph. They formerly owned the Ritz Hotel in London.

Stores

At present Very does not have any bricks-and-mortar stores in the UK so only operates online.

Employees

The average number of people employed by the group in 2021 was 3,075. These were based predominantly in the UK and Ireland, but some were based further afield worldwide.

714 of these worked in distribution and in customer service centres, whilst the other 2,361 worked in administration.

Head office

The Very head office is located in Liverpool.

Skyways House, Speke Road, Speke, Liverpool, L70 1AB

Other office locations include London, Bolton, Dublin and Derby. It also has a large distribution centre in Wrexham.

Financials

The Very Group are a private limited company and so they are not publicly traded.

2020/21 Financial Year
Revenue: £2.2831bn
Pre-Tax Profit: £81.7m
EBITDA: £300.5m

2019/20 Financial Year
Revenue: £2.0507bn
Pre-Tax Profit: £48.4m
EBITDA: £264.4m

Contact information

Very can be contacted via phone or email or at its Liverpool head office.

  • Telephone: 0844 292 1000
  • Email: investor.relations@theverygroup.com

COMPANY INFORMATION

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