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Online Retail Trends

James Curtis 

 
  • In August 2014 the UK online retail sector experienced its highest level of annual growth since November 2013, managing an 18% rise.
  • It is estimated that a massive £8.1 billion was spent during this period. (According to the IMRG Capgemini e-Retail Sales Index)
  • Amongst the rise saw the clothing sector showing a strong 20% annual growth, this is double the growth which was recorded in the months June & July.
  • Showing an even greater growth was the accessories sub-sector which showed a 60% increase (year on year) which could have been down to customers splashing out on last minute summer holiday essentials.
  • Not all sectors showed huge increases, such as the home subsector which only managed to record a 1% increase on the same period last year.
  • A cold spell during the month of august combined with the Autumn/winter clothing range being launched, boosted the e-retail growth. Now with the 18% growth, this shows us that we look to be on target which could see us exceed the earlier growth expectations and look certain for 2014 to exceed £100 billion.

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