Strong festive period sees E-commex end up flat for Q4.
After a poor start to the final quarter of 2012, a strong rise in share prices through the Christmas trading period for online businesses saw Clearwater’s E-commex index rebound to end the quarter flat but the year 43% up.
It is probably not surprising that, driven by consumers increasingly looking for the convenience factor, E-commex performed well during the last twelve months. What is perhaps more of a surprise is the performance of the FTSE 350 UK General Retailer Index over the same period, up 32% over the last twelve months and outperforming E-commex in the final quarter, increasing by 12%.
At a time when the headlines are dominated by the doom and gloom of administrations and closing stores, it is clear that a number of retailers have worked hard to make their formula work in tough retail conditions. N Brown, Dixons Retail and Home Retail Group amongst others, are all seeing strong share price performance through the final quarter.
With big changes impacting the high street already in 2013, it will be interesting to see how the next 12 months play out for bricks and mortar, pure play e-commerce and multi-channel.