UK: Online clothing sales growth slows in January
Growth in the online clothing sector slowed to 9% last month
Online retail sales in the UK increased 18% year-on-year in January, despite a slowdown in growth for the clothing sector, according to new research.
The latest figures from the IMRG Capgemini e-Retail Sales Index found online sales performed better than expected, with total spend estimated at GBP8.1bn (US13.53bn) during the month.
Excluding travel, UK consumers spent an average of GBP78 online in January, up from GBP74 in the same period last year, and the GBP76 seen in December.
Growth in the online clothing sector, meanwhile, slowed to 9% year-on-year, but the average spend was up 6% on the same month last year.
IMRG chief information officer, Tina Spooner, said this may indicate retailers were discounting less following a strong performance over the festive period.
While Chris Webster, VP and head of retail consulting and technology at Capgemini, added: "As we settle in to a new year, with the shopping bonanza that was Christmas behind us, it is very reassuring to see such impressive results and is a clear indication that consumer confidence is being sustained.
"This will of course be welcomed by retailers and puts us in a very good position for a strong 2014."
- Myanmar - right time, right place, new challenges
- 3D printing gears up for fashion industry change
- Apparel working conditions linked to profit
- Cutting pollution saves China textile mills money
- Adidas worker hotline bridges communication gap
- Cambodia growth to slow on competition and cost
- China cotton imports to rise as Xinjiang cuts crop
- Crystal first China licensee of RevoLaze tech
- Thailand project to vertically integrate clothing
- Adidas launches "lightest ever" football boot