What’s good news for consumers doesn’t always translate to retailers. The latest figures from IMRG Capgemini e-Retail Sales Index found annual UK online retail sales grew by just 7 per cent in September 2014, the second-lowest ever growth rate in the Index and the slowest since 2010.
Selfridges is to invest over £40 million in its online sector within five years, starting with a website relaunch.
During August, consumers purchased more shoes and clothes than in previous months, but took fewer trips to in order to due so, which is directly linked to the increased popularity of online sites.
Accessories retailer Coach today announced Gebhard Rainer as the new president and chief operating officer, a position which will be effective from September 29th.
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