Industry News & Headlines | August 2024

September 15, 2024

August is best summarised as being a ‘steady’ month. It’s no secret that it’s one of the slower months of the year with many taking extended time out of the office and whilst we have also felt processes slow down, we’ve been able to add to our client base and are feeling confident as we move into September.

On that note, it does feel September has the potential to be a huge month for us and the industry with multiple callbacks in the calendar to discuss both new projects kicking off and hiring.

As mentioned in the previous newsletter, historically Sept-Dec has been a good trading period for us and we have no reason to believe it will be any different this year based on the conversations we are having.

This means there should be plenty of new vacancies at all levels – a great time to start putting your feelers out if you’re thinking of a new opportunity.

Product Owners and Managers are a growing area of demand as companies look to transition from a project to product-led environment. This isn’t necessarily a new thing, however, we are now seeing the next wave of companies embark on this change and I believe this will continue over the coming year or two.

Software engineering also continues to be a strong area for us with more than 50% of our new vacancies to date this year sitting here.

 

Market Spotlight + Top 5 eCommerce Stories This Month

  • The LEGO Group hails record profits in the first half of 2024, with revenue up +13% to £3.5bn. This is partly due to Lego ramping up its partnerships with the likes of Fortnite and Nike in a bid to reach more consumers READ MORE
  • The House of Fraser website and app have now been rebranded as Frasers Group, allowing customers to shop from all of Fraser Group’s brands in one place, including Sports Direct, Game, and sofa.com READ MORE
  • SHEIN has filed a lawsuit against rival Temu for what it calls an ‘unlawful enterprise built on ‘counterfeiting, theft of trade secrets, infringement of intellectual property rights, and fraud’        READ MORE
  • Marks and Spencer and Ocado Retail have once again been named the fastest-growing supermarkets in the UK over the last 12 weeks, with sales up 10.7% and 14.3%, respectively. Asda and Aldi UK were the only supermarkets to experience a drop in sales over the 12 weeks, in comparison to the same period a year ago, with sales down 6.4% and 0.7%, respectively READ MORE
  • Tesco’s fashion brand F&F will be introducing ‘digital passports’ across its clothing range amid a ramped-up crackdown on sustainability by the European Union according to reports READ MORE

 

 

Each month we send out the latest industry news and headlines, plus sector insight such as this via our newsletter, The Pulse. This also includes the latest jobs and internal news… click HERE  to subscribe

 

Written by:

James Hodges

Director of Client Engagement

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