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FashionStreets.com - Online retail booms as high street struggles


" The internet is fast becoming the destination of choice for shoppers, heaping pressure on traditional bricks and mortar retailers who are struggling to keep up with their online-only rivals, analysts have warned ahead of week in which a string of some of the UK’s most prominent shops will report crucial Christmas trading figures.

Sales growth at online-only fashion seller Boohoo is expected to total nearly 40pc in the four months to the end of December, while City analysts have pencilled in an increase of more than a quarter at Asos, as more consumers turned to the internet, and away from the high street, for their Christmas shopping. " - Julia Bradshaw - Read Full Article

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