Alibaba’s $30 billion Singles Day helps power UK brands including Dyson, Jaguar Land Rover

Forget Black Friday. Alibaba's Singles’ Day is the biggest online sales day and this year it helped power UK brands as sales topped $30 billion.  The Chinese e-commerce giant Alibaba’s Singles’ Day sales soared to £23.81 billion ($30bn) last Sunday (November 11th). And the international delivery company ParcelHero says the strong demand for quality products means…

Online sales via mobile devices slow as smartphone growth falters

Online retail sales increase of 12.8% year-on-year (YoY) in August Month-on-Month (MoM) decrease of 1.7% from July, notably lower than last year’s drop of 4.8% M-retail growth (mobile retail) was at an all-time low of just 10% YoY Online only retailers outperformed multichannel retailers (14.0% vs. 10.8% YoY) Overall market conversion rate is 4.7%, compared…