Online clothing sales in the UK set to surpass in-store sales

Online clothing sales in the UK set to surpass in-store sales

Next year, online sales in the UK clothing industry will surpass sales in physical stores for the first time, making the UK the first country in Europe where the majority of clothing purchases take place online.

 

According to a report jointly released by Retail Economics and law firm Eversheds Sutherland titled The Future of the European Clothing Industry , during the COVID-19 pandemic , although total clothing transactions in the UK fell by £9.6 billion, online sales increased by £2.7 billion, accounting for almost one-fifth of total sales.

 

The COVID-19 pandemic has accelerated the development of online business. According to forecasts from Retail Economics , online clothing sales in the UK will exceed in-store sales in 2022, accounting for 52% of the entire clothing industry , three years earlier than previously predicted .

 

More than a third of UK shoppers surveyed said they would not visit stores as often as before the pandemic, compared with about a quarter of shoppers in other parts of Europe , according to the survey .

 

Analysts warn that if no measures are taken to address this new trend in the clothing industry , British offline clothing retailers will face a sales gap of £14.5 billion by the middle of this century . In the European market , the average loss of offline clothing retailers will reach £6.8 billion per year between 2021 and 2025 .

 

The report also investigated the importance that shoppers place on offline stores . The results showed that most British consumers believe that offline clothing stores are irreplaceable. Nearly a third of British consumers said they had bought clothing online after trying it on in an offline clothing store . Another 66% of British consumers said they might use in-store tablets or other interactive digital screens to start browsing and ordering online in the store.

 

When talking about the future of physical clothing stores, 39% of British consumers said that they would be more likely to visit clothing stores if they could provide free click-and-collect and return services. Another 35% of respondents said that they hope offline clothing stores can add more personalized shopping experiences, such as personal styling or customized product recommendations , which will make them more likely to visit offline stores .

 

 


UK Market

Clothing Industry

<<:  Domestic products are popular overseas! Foreigners also love Chinese culture

>>:  Surcharges at West Coast ports skyrocketed, with a fine of $410,000 for a 90-day overdue payment!

Recommend

Amazon's on-time delivery indicator failed, sellers' sales were affected

With the rapid development of e-commerce, consume...

What is Aoji

AUKEY International was established in Hamburg, G...

Canadian truck drivers riot, supply chain problems continue to worsen!

The vaccine restrictions introduced by the Canadi...

UPS and union talks break down! Strike closer

As the expiration date of the contract between UP...

The US resale market has become a sales channel for thieves

According to foreign media reports, online market...

What is GST? GST Review, Features

GST (Good and Service Tax) is a tax on most goods...

What is ASYSTEM? ASYSTEM Review, Features

ASYSTEM is committed to increasing diversity in ou...

Suddenly disbanded! Another cross-border e-commerce company collapsed

Since the beginning of this year, the cross-borde...

What is Youdao Ads? Youdao Ads Review, Features

Youdao Ads is a professional brand overseas servi...

What is Wan Tong Li International? Wan Tong Li International Review, Features

Wantongli International (Shenzhen Wantongli Invest...

AliExpress signs David Beckham as global spokesperson

The wind of cross-border e-commerce has finally b...