The RetailX Top250 Brand Index (RXBX) Report is now in its third year. Based on research conducted for the InternetRetailing Europe Top500, it focuses in on both Europe’s retail brands and consumer brands selling directly to the public.
Sales in the three months to June 2019 have shown a small increase of 0.7% year on year, but have bucked up by a more considerable 1.6% compared to May 2019, according to the latest ONS Retail Sales figures.
With excellent weather and the start of the sale season signalling the arrival of summer, online retail sales rose by +8.5% Year-on-Year (YOY) in June, according to the latest IMRG Capgemini eRetail Sales Index.
Asos has issues a new profits warning – the third in eight months – suggesting profits for the year could be as much as 46% down after sales stall and problems with new warehousing and distribution hit it hard.
Prime Day, the $5.8 billion sales bonanza is done and the overwhelming view from the retail industry is that it has provided not just a massive boost to Amazon’s sales, but has given something of a fillip to many other retailers as consumers get into a shopping frenzy.