Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Fashion leads online sales growth

Clothing and footwear continued to drive online growth in January, when total online retail sales growth slowed to its lowest annual rate.

Clothing and footwear like-for-like sales online rose 10% in January, outperforming the rest of the retail sector which reported a 5% rise in like-for-likes on last year tototal £4.3bn.

Month-on-month total retail sales fell 22% according to the IMRG Capgemini e-Retail Index, which was in line with usual post- Christmas trend.

In Clothing, footwear and accessories, month-on-month like-for-like sales fell 30%. Within that, footwear like-for-likes rose 51% year-on-year and dropped 24% month-on-month. Lingerie like-for-like sales jumped 20% year-on-year and fell 25% month-on-month.

Capgemini vice president of retail Chris Webster said: “While annual growth for e-retail was slow in January, we should factor in the fact that December was a very strong month for the industry. Last January, e-retailers’ sales were buoyed up by heavy discounting and promotions that were necessary to sell stock left over from poor Christmas trading resulting from the impact of the recent move into recession”.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.