News
« Lacroix Opens First Manhattan Door | | November Sales Beat Expectations »
December 06, 2007
Online Apparel Sales Continue To Boom
Shoppers looking for contemporary clothing are increasingly turning to the Web, offering a boost to retailers with an online presence. Online sales of clothing, footwear and accessories are expected to top $22.1 billion this year, according to a report by Shop.org. This compares to sales of $18.3 billion last year.
The report predicted that 10% of all apparel sales will be made online this year, compared to 8% last year.
Recognizing this growth, brick and mortar retailers are increasingly turning to the Web to expand their businesses. Some are even launching sites to target overseas markets.
Posted by Blacks on December 6, 2007 09:49 AM
Comments
Post a comment
