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 20/10/2016Retail Bulletin - New figures: quarter following Brexit vote sees strongest online sales growth since Q1 2014  
 
 

September's online sales see strongest growth since Q1 2014

 
 Retail Bulletin reports that new figures have revealed that online sales grew by 16% year-on-year in September despite the warmer weather presenting a challenge for fashion retailers promoting their autumn and winter ranges.
The data from IMRG Capgemini’s eRetail Sales Index shows that September’s performance topped off a strong quarter, with the Index recording the highest quarterly growth at 17% since the first quarter of 2014.
Despite the unseasonably warm weather, sales growth for the clothing sector maintained what has been a generally positive performance so far in 2016, with growth of 15%. However, this was the lowest year-on-year growth for the sector since April 2016.
The home and garden sector also continued its trend of improved performance, with sales up 21% in September to mark 11 consecutive months of growth. The prolonged period of warm weather over late summer may have contributed to the sector recording 24% growth from January to September compared with a decline of 5% over the same period in 2015.
 
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