Internet sales rise

Growth in e-commerce is speeding ahead of other sectors


Growth in e-commerce is speeding ahead of other sectors

Growth in e-commerce is speeding ahead of other sectors. According to figures from the IMRG Capgemini e-Retail Sales Index, online sales in July grew by 15.7 per cent from June and 16.8 per cent compared with a year ago.

The growth was led by the clothing, footwear and accessories sectors, which saw an 18 per cent month-on-month increase and were up 17 per cent on the same month last year, and electricals, which grew 11 per cent on June and were up 19 per cent from July 2008.

However, online alcohol sales sank 15 per cent from June and 23 per cent on the same month last year – the first fall in sales growth for this sector for the month of July since 2004.

Mike Petevinos, head of consulting for retail at Capgemini UK, says: ‘This growth continues to be driven by the apparel and electrical sectors as retailers further improve their online propositions with better product information, visual merchandising and delivery methods.

‘The other stand-out result this month was the beers, wines and spirits sector. No doubt [the fall in sales] is due to the wettest July on record for England and Wales.’

According to a recent poll from online payment service PayPal, more than 12.9 million men shop online today compared with 10.3 million women.

Nick Britton

Lexus Ernser

Nick was the Managing Editor for growthbusiness.co.uk when it was owned by Vitesse Media, before moving on to become Head of Investment Group and Editor at What Investment and thence to Head of Intermediary...

Related Topics

Venture capital funding