Online sales 'robust', figures show
Shoppers scouting for summer sales bargains spent more online than in any previous May, according to IMRG, the industry body for e-retailers, and Capgemini.
18 June 2008
Publication
Online shoe sales surged by 17% ahead of the Sex and the City film premiere,
but the FA Cup and Euro 2008 disappointments appeared to have affected online
electrical and alcohol sales, the report concluded.
Online spending in the UK hit £4.5 billion last month - a 30% upturn on May 2007.
Sales of clothing, footwear and accessories rose 4% on the strength of summer
sales.
Electrical goods sales fell by 10% and spending on alcohol dropped by 11%.
The figures were produced by the IMRG Capgemini e-Retail Sales Index.
Anthoula Madden, vice president at Capgemini UK’s consumer products and retail
team said: “Although online sales across the board are more robust than on the high
street, falling property prices and persistent news of a credit crunch are causing
UK shoppers to become more careful with their disposable income.
“The premiere of Sex and the City provided an excellent platform for e-retailers
to capitalise on consumer spending, but elsewhere the lack of any of the big four
clubs in the FA Cup final and the absence of a home team in Euro 2008 seems to
have hit hopes of the sales of large screen TVs and alcohol.”
To read the full Press Association article, click here.
To read the latest IMRG Capgemini e-Retail Sales Index press release, click here.
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