Weakest August in 15 years for online retail
The latest figures from the IMRG Capgemini e-Retail Sales Index show that UK online retail sales were up just 5% year-on-year (YoY) last month and down 6% on July.
Low growth was recorded across a number of sectors in August, including clothing. Despite a slightly turbulent start to the year, clothing experienced a return to double digit growth in June (18%) and July (14%). However, online sales of clothing recorded an annual growth of just 5% last month; its lowest ever performance for the month of August.
Accessories, which is traditionally one of the more robust and stable sectors, saw an increase of just 14%; its lowest increase since August 2009. Sales of electrical items continued its run of limited growth – whilst August saw an increase of 6% on July, it recorded a 1% drop on the same period last year, its weakest YoY performance in 2015. However there were more positive figures recorded in the health & beauty, gifts, and home sectors, which were up 30%, 23% and 31% YoY respectively.