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MySale Group Plc

One in every five pounds spent with UK retailers is now online, figures show

One in every five pounds spent in the UK shops is now online, official figures show for the first time, as fears grow over the dying High Street.

New data from the Office for National Statistics shows online sales have rose by 15.3 per cent over the past year and now make up a record high of 18.2 per cent of all retail sales.

MySale Group PLC (LON:MYSL) is a leading international online retailer with established websites in Australia and New Zealand, South-East Asia and an expanding presence in the United Kingdom.

The Group provides compelling value in branded products to its customers and world class inventory management solutions to its brand partners.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.