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…

Growth in device spending as consumers become ‘less price sensitive’, says Gartner

  Users of PCs, ultramobiles and mobile phones are buying new devices at higher average selling prices (ASPs), resulting in growth in end-user spending in 2017. Gartner Inc. estimates that end-user spending will increase by 2 per cent in 2017, to nearly $600 billion in current US dollars. Spending on mobile phones will represent 67…