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UK high street retailers throw their weight behind online ops
Fashion retailers shift capital away from stores but move online also brings new challenges
Published Sun, Jan 22, 2017 · 09:50 PM
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London
BRITISH fashion retailers will switch their spending firepower to technology from the high street in 2017 after online shopping became the key driver of sales growth over the all-important festive period.
Marks & Spencer is investing in apps, its website and logistics, while spending £350 million (S$617 million) over five years to close 10 per cent of clothing and home space.
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