As the research shows, the month of May continued the 2019 trend of below-average sales growth, with +1.9% year-on-year (YoY). In 2018, there was registered the strongest May growth for online retail since 2010.
Other key findings:
a number of categories struggled in May 2019, such as electricals (-27.5%) and gifts (-18.5%), while BWS recorded the first negative growth of 2019, reaching -19.7%;
clothing has had a much slower growth rate vs 2018’s performance (+8.2%)
menswear was down -13.3% against very strong results in 2018 (+23%) and Womenswear (-4.8%) continued the trend of single-digit or negative growth in 2019;
accessories have seen successful growth in previous months but reported its worst performance in 10 years: down -20.0% YoY;
footwear was the only clothing subsector to see positive growth (+6.7%);
health and beauty sector continued its strong monthly performance with +22.6% compared to +2% total vs 2018;
m-commerce is up by +8.4%, with smartphones reaching +35.0% and tablets flat at +0.3% compared to 2018.
The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.
The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.
Current themes
No part of this site can be reproduced without explicit permission of The Paypers (v2.7).
Privacy Policy / Cookie Statement
Copyright