The Expansion of E-Commerce
Retailers Report Strong E-commerce Results
WIth the rapid pace of each individuals life the convenience of online shopping has never been more popular.
Asos an online fashion store is advancing into the Chinese e-commerce market, further expanding the online stores Global Reach. The appeal and convenience of online shopping has increased their revenue in the past year by 40%, with a revenue of £769.4million and has helped Asos more than double its share price over the past year. With their recent expansion we expect to see higher revenues next year.
Brown Thomas has observed the success of online retail such as this and have recently themselves launched an online website selling ten of its leading beauty product. With fashion, accessories and shoes to be offered online next year.
Sam Bain, Multi-Channel Director at Brown Thomas stated ‘We are delighted to be able to offer our customers the convenience of shopping beauty from their own homes for the first time,”.