Tesco opened a clothing Webshop
Tesco created a new clothing Webshop, paving the way towards further customer target groups. With this, Tesco entered into the market where such players can be found like Marks & Spencer or Next.
According to Mintel market research company; the turnover of the online clothing market increased to 4.1 billion pound, by 26 percent in the UK this year, which is the 8.8 percent of the total market. Analysts forecast that until 2014, this ratio can reach 11.4 percent.
Tesco generates an annual 1 billion pound turnover in the clothing segment – reports portfolio.hu.
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