UK-Kenya strategic partnership | Fifth of UK retail to be online | 2020 e-commerce trends

Posted on 30/01/2020 by DHL Express

New UK-Kenya strategic partnership

Last week, Prime Minister Boris Johnson met with the Kenyan President, Uhuru Kenyatta, to agree a new strategic partnership. They aim to develop new investment and trade opportunities, support businesses and create jobs.

Prime Minister Johnson and President Kenyatta said in a joint statement: “The UK and Kenya already benefit from close economic ties and under the first pillar – mutual prosperity – we will increase their breadth and strength, boosting growth and improving living standards.”

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Fifth of UK retail to be conducted online by 2024

With British spending habits continuing to shift from bricks and mortar shops to online outlets, new data has predicted a spending rise of over 30.4 per cent between 2019-2024, hitting £85 billion. This will account for 19.8 per cent of all retail spend.

Sofie Willmott, lead retail analyst at GlobalData, said: “Clothing specialists continue to develop their online proposition, […] driving online conversion and giving shoppers another reason to choose the online channel over stores.”

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Nine e-commerce trends for 2020

The innovations and opportunities in online retail make 2020 an incredible time for sellers. From recommerce to the prospect of 5G smartphones, there are lots of up-and-coming e-commerce technologies, each with their own pros and cons.

We’re taking a look at what we think some of the biggest trends over the next 12 months will be, and how to decide if they are right for your e-commerce business.

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