Online fashion sales soar 15% in March


April 28, 2013 | By RetailME Bureau

Online fashion sales have gone up 15%, says IMRG-Capgemini e-Retail Sales Index – the primary performance indicator of the UK e-retail industry – thereby boosting online retail revenue that saw a 16% rise on a year-on-year (y-o-y) basis. This came on t he back of heavy snowfalls last month that marred business for high street retailers. “Both online as well as high street retailers get impacted by unseasonal weather patterns. Hence, it was surprising to see a 15% increase in the clothing sector despite freezing weather in the UK last month,” says Andrew McClelland, chief operations and policy officer of IMRG.

On the contrary, fashion sales plummeted 3.4% y-o-y in March according to the BDO High Street Sales Tracker, a company that outlines weekly sales changes of more than 70 mid-market retailers with some 10,000 individual stores mainly located on high streets throughout the UK. In this context, McClelland observes, “I believe this happened because online shopping has become ingrained in the culture of today’s shoppers, which plays a significant role in registering double-digit growth irrespective of potentially disruptive external factors.”

Exceeding expectations of 12%, total online sales over the first quarter of 2013 stood at 15%. While there was a 243% rise in sales via mobile devices on a y-o-y basis, the average conversion rates dropped to 1.8% from 2.3% in February 2013 indicating that users are possibly adopting mobile phones to access retail websites for research or on the move rather than making direct purchases.

Comments

comments

Previous Article Next Article

YOU MAY ALSO LIKE /



UAE-based concept grocery retail chain, Grandiose has opened a new supermarket within 

Continue Reading

November 22, 2020 | By RetailME Bureau

US-based fast food chain, Nathan’s famous Inc. brings another New York classic, 

Continue Reading

November 12, 2020 | By RetailME Bureau

Dubai-based Union Coop, the leading Consumer Cooperative in the UAE, opened its 

Continue Reading

November 11, 2020 | By RetailME Bureau

UAE homegrown marketplace, Noon.com has announced its Yellow Friday sale from November 

Continue Reading

November 5, 2020 | By RetailME Bureau

UAE-based Al Maya Group officially launched an exclusive range of Woolworths products 

Continue Reading

October 30, 2020 | By RetailME Bureau

Abu Dhabi headquartered LuLu Group has opened its latest hypermarket at Khalifa 

Continue Reading

October 29, 2020 | By RetailME Bureau

elGrocer, the grocery delivery app with ties to some of the major 

Continue Reading

October 25, 2020 | By RetailME Bureau

Jones the Grocer set to open its doors at Dubai’s newly launched 

Continue Reading

October 18, 2020 | By RetailME Bureau

Saudi-based operators of hypermarkets and supermarkets BinDawood Holding Company has completed the 

Continue Reading

October 16, 2020 | By RetailME Bureau

The regional food and grocery delivery app Talabat has announced the expansion 

Continue Reading

October 15, 2020 | By RetailME Bureau

Walmart is hiring 10,000 new employees in Canada for positions in stores 

Continue Reading

October 14, 2020 | By RetailME Bureau

British quality grocery retailer Waitrose & Partners launched its first e-commerce platform 

Continue Reading

October 11, 2020 | By RetailME Bureau




Download Images RetailME Magazine